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(MLive.com)   Grand Rapids' Fifth Third Ballpark is now ⅕ consumed by fire   ( mlive.com) divider line
    More: Sad, Fifth Third Ballpark, Grand Rapids Press, package testing, stadiums  
•       •       •

971 clicks; posted to Sports » on 03 Jan 2014 at 4:10 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-03 08:00:52 PM  
1 vote:

FrancoFile: Ever wonder why almost all the "nth National Bank of xyz" banks are odd numbers?  Let me explain.

CSB time

Back in the day, before the FDIC and the Fed, banks failed regularly.  Typically, you'd see a town on the frontier spring up, and a couple of guys with money would get together and form the 1st National Bank of Rock Ridge.  Things are great, the bank is doing fine.  After a while, a couple of other guys want to get in on the action, and they form the 2nd National Bank of Rock Ridge.  Then along comes a depression.  The 2nd National Bank isn't capitalized as well as the 1st, so it goes out of business.  Sucks to be you, depositors of the 2nd National Bank.

Now a few more years go by, and the economy perks up, and another group of fellows want to form a bank.  There is no 2nd National Bank of Rock Ridge anymore, but that name is tainted.  So they found the 3rd National Bank of Rock Ridge.  Now there are two banks in town - 1st and 3rd.

Lather, rinse, repeat.  The town keeps growing, the 4th National Bank is founded, the economy hits a slump, the 1st and 3rd weather the storm but the 4th goes bankrupt.  Then when things turn around, still another group of guys founds the 5th National Bank.

Then FDR, the FDIC, and bank mergers in the 80s and 90s happen.

Voila, 5th/3rd Bank baseball fields and basketball arenas.  You're welcome.

/CSB


Merged in 1908, but yeah. Apparently they picked "Fifth Third" over "Third Fifth" because of the Temperance movement.
2014-01-03 07:49:40 PM  
1 vote:

LesserEvil: Maybe it wasn't such a good idea to build the stadium out of matchsticks.

...seriously, though, WTF?


From WOOD (made a lame joke out of that in the headline I submitted, modmins rightfully rejected it), the Grand Rapids NBC affiliate:  "Plainfield Township's fire chief said that because the building code only allowed for two hydrants to be installed near the property when the ballpark was built in 1994, access to water was a problem.  On top of that, firefighters also had to run a 1,000-foot-long hose to get water to the fire, the chief said. As a result, low water pressure was an issue."

Special Agent: This better not affect the Michigan Winter Beer Festival next month.


Michigan Brewers Guild statement from the same story  "The Michigan Brewers Guild is certainly concerned about our upcoming beer festival at the Fifth Third Ballpark but our first concern is for all of our friends at the West Michigan Whitecaps. Our thoughts and prayers are with the staff at the ballpark today and we will assess what it means to the Guild after the damage is under control and can be assessed. Because our event is held outside the ballpark in the parking lot we are hopeful that it will turn out well. We will do our best to keep fans of MI beer informed in coming days as we learn more."
2014-01-03 05:29:01 PM  
1 vote:
Ever wonder why almost all the "nth National Bank of xyz" banks are odd numbers?  Let me explain.

CSB time

Back in the day, before the FDIC and the Fed, banks failed regularly.  Typically, you'd see a town on the frontier spring up, and a couple of guys with money would get together and form the 1st National Bank of Rock Ridge.  Things are great, the bank is doing fine.  After a while, a couple of other guys want to get in on the action, and they form the 2nd National Bank of Rock Ridge.  Then along comes a depression.  The 2nd National Bank isn't capitalized as well as the 1st, so it goes out of business.  Sucks to be you, depositors of the 2nd National Bank.

Now a few more years go by, and the economy perks up, and another group of fellows want to form a bank.  There is no 2nd National Bank of Rock Ridge anymore, but that name is tainted.  So they found the 3rd National Bank of Rock Ridge.  Now there are two banks in town - 1st and 3rd.

Lather, rinse, repeat.  The town keeps growing, the 4th National Bank is founded, the economy hits a slump, the 1st and 3rd weather the storm but the 4th goes bankrupt.  Then when things turn around, still another group of guys founds the 5th National Bank.

Then FDR, the FDIC, and bank mergers in the 80s and 90s happen.

Voila, 5th/3rd Bank baseball fields and basketball arenas.  You're welcome.

/CSB
2014-01-03 05:26:07 PM  
1 vote:
Closer to 2/5ths burned, to be accurate.  They'll be ready for opening day because the Midwest League is just that awesome.

/Loves me some Class A baseball
2014-01-03 04:23:07 PM  
1 vote:
As opposed to Fifth Third Field in Toledo...or Fifth Third Field in Dayton... or Fifth Third Arena in Cincy, or....

Let's face it.  When all the banks merge, it makes it awful hard to be original with those naming rights.
 
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