![]() ![]() The film received many awards including an Oscar nomination, Emmy Award, and Silver Gavel Award by the American Bar Association, among others. The documentary film, “Abacus: Small Enough to Jail,” vividly captured the legal proceedings. The Bank survived the indictment after 5 months of trial, the Bank was totally vindicated. ![]() It led Cyrus Vances office to later accuse the bank itself of mortgage fraud. There were always long lines of people yet no one was visibly irritated, presumably because the bank provided excellent customer service. In 2012, the Bank was unfortunately indicted by New York County District Attorney’s office on various charges relating to mortgage fraud. In 2009, Abacus Federal Savings Bank, a small Chinese-American family-run bank in New York Citys Chinatown, self-reported a mortgage fraud committed by an ex-employee to its regulators. I remember as a kid, my parents would always bring me to this bank when they needed to deposit their money. The mission of the Bank is also to serve the community. ![]() In his career as an attorney and banker, he devoted countless hours to pro bono work for the Chinese community. (Chinese (Simplified)) (Chinese (Traditional)). Edwin Martinez Compliance Analyst at Abacus Federal Savings Bank. In 1984, he founded the Abacus Federal Savings Bank which also owns Abacus Insurance Agency Corp and Abacus International Capital Corp. CFO & SVP at Abacus Federal Savings Bank New York, NY. His practice was largely concentrated on immigration and general law. He worked with several large corporations as an economic and financial analyst while attending law school at night and began his legal career in 1965 after graduating from Brooklyn Law School. abacus federal savings bank 88.65 agricultural bank of china 100 aig federal savings bank 100 akros securities inc 100 allied irish banks plc 100 alpine capital bank 100 am one communications inc 100 amalgamated bank 94.76. While attending university, he managed his family’s ranch until 1961 when he moved to New York. He earned a bachelor's and a master’s degree in agricultural economics in 1959 and continued his study in accounting and finance for two years at the University of Florida. Abacus Federal Savings Bank ( Chinese: ) is an American bank founded in December 1984 by a group of business leaders from the Chinese American community in New York City. His family briefly stayed in Brazil and eventually immigrated to the United States in 1952. US358.779 million (March 31, 2021) Website. He lived in Chongqing during the Second Sino-Japanese War and moved to Hong Kong in 1948. $15 for adults | $12 for seniors, students, and educators (with ID) | $10 for Museum and Maysles Documentary Center Members.Thomas Sung was born in Shanghai in 1935. This event is part of the second season of our nonfiction film series, Smile, It’s Your Close Up : New York's Documentaries, co-programmed with Jessica Green and Edo Choi of the Maysles Documentary Center, which zooms in on key moments, individuals, and communities to pose the question: “What makes New York New York?” To view all of the programs in this series, click here. Includes Museum admission and beer courtesy of Harlem Blue. The film will be followed by a talkback with Chinatown activist Don Lee and Sung family members Chanterelle Sung, Jill Sung, and Vera Sung of Abacus Federal Savings Bank. The indictment and subsequent trial forced the Sung family to defend themselves – and their bank’s legacy in the Chinatown community – over the course of a five-year legal battle. bank to face criminal charges in the wake of the 2008 financial crisis. Accused of mortgage fraud by Manhattan District Attorney Cyrus R. With Abacus Online Banking, you can access your account online anytime, from anywhere. Abacus: Small Enough to Jail (Steve James, 88 min, 2017) documents the gripping saga of the Sung family – Chinese immigrants and owners of Abacus Federal Savings Bank in Manhattan’s Chinatown. ![]()
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