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Security Bank was established on June 18, 1951, as Security Bank and Trust Company (SBTC) in Manila, Philippines. At the time, SBTC was the first privately owned, Filipino-controlled bank of the post-World War II era. The bank's head office was first located in the Don Roman Santos Building on Plaza Goiti, moving to Escolta in 1954.
Commerce was founded by Francis Reid Long with $10,000 in capital in 1865, just as communities were rebuilding during Reconstruction. Originally known as the Kansas City Savings Association, it was acquired in 1881 by Dr. William Stone Woods and renamed the National Bank of Commerce, claiming at the time to be the largest bank west of Chicago. [3]
Security Bank Corporation (Security Bank) 1,189,460.23: 9 Union Bank of the Philippines (Unionbank) 975,009.45: 10 Development Bank of the Philippines (DBP) 971,535.85: 11 East West Banking Corporation (EastWest Bank) 468,225.98: 12 Citibank Philippines: 375,941.33: 13 Asia United Bank Corporation (AUB) 344,142.34: 14 Hongkong & Shanghai ...
Commerce Bank moved its headquarters to 1000 Walnut Street in 1985. It is also home to the downtown campus of Park University . The building is expected to change ownership in 2013 and be redeveloped into a $90 million mix of office, residential, and educational uses—due, in part, to construction of the KC Streetcar right outside the building ...
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The bank received its state charter on February 16, 1847, and offered 3 percent interest on deposits and invested the first $1,000 in a city bond that paid 6 percent. Its early history was marked by deadly citywide disasters in 1849 of a cholera outbreak that killed more than 1,000 and the Great St. Louis Fire of 1849 of May 17–18 that ...
Security Bank is growing its consumer finance business through thrift bank subsidiary Security Bank Savings. The Security Bank group has a total of 200 branches all over the country as of 30 September 2012. Security Bank joined the elite circle of the world’s top financial institutions recognized for global banking excellence when the Bank ...