ALCO

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Related to American Locomotive Company: Alco, Amtrak, Union Pacific

ALCO

Asset-Liability Committee

Also called ALCO. A committee at a bank charged with ensuring the bank has enough assets to pay for its liabilities. It does this by monitoring the risk of the bank's investments as well as its capital structure. It reports to the board of directors and generally must also provide information to regulators.

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reprinted from the Schenectady Union-Star, 22 April 1955, The American Locomotive Company Collection at the George Arents Research Library, Syracuse University, Syracuse, New York (hereafter referred to as the ALCo Collection), box 11; "New Muscle in Diesels," reprinted from Alco Review, Spring-Summer 1959, ALCo Collection, box 1; Alco Products Review, 5 (Spring/Summer 1956), 15.

Kerr, Illustrated Treasury of the American Locomotive Company (Alburg, Vermont, 1980) 18, 23.

Corporate culture and marketing in the American railway locomotive industry: American Locomotive and Electro-Motive despond to dieselization