Newbank
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[edit] Meaning 1: Bank founded by the FED
The NewBank was founded in Dezeber 2005 by the FED for activation to clear and settle U.S. government securities: press release: http://www.federalreserve.gov/BoardDocs/Press/other/2005/20051215/
[edit] Meaning 2: Area in Glasgow
Newbank is a district in the east-end of Glasgow , now a settlement of council houses but deriving from an 18th century estate of that name. Newbank House has left no remains, but there is a fine red-sandstonre 19th century Newbank Primary School in Springfield Road.
Many residents of Newbank would consider themselves residents of Tollcross or Parkhead, (the entries for which contain information relevant to it) but they have been officially placed within the Braidfauld Ward of Glasgow City Council, the Wikipaedia entry for which deals extensively with Newbank.
