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The National Bank of Detroit (NBD), later renamed NBD Bank, was a bank that operated mostly in the Midwestern United States. Following its merger with First National Bank of Chicago , the bank was ultimately acquired and merged into Bank One , at which point the NBD name was discontinued.
While NBD was the nominal survivor, the merged bank was headquartered in Chicago. In April 1998 First Chicago NBD announced a $30 billion merger with Banc One Corporation of Columbus, Ohio. Bank One was also a leading issuer of credit cards through its First USA division. [3] [4] Following the merger, the company was renamed Bank One ...
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Since 2014, the bank has been the official bank of the USC Trojans, the athletic program of the University of Southern California. [16]In 2016, the Banc of California announced a partnership with Los Angeles FC, a Major League Soccer franchise, and a 15-year, $100 million deal with the club for the naming rights to their stadium Banc of California Stadium in Los Angeles, which opened in 2018.
In 1998, Banc One Corporation merged with Chicago-based First Chicago NBD – the result of the 1995 merger of First Chicago Corp. and NBD Bancorp, two large banking companies who had themselves been created through the merger of many banks [119] [120]) – to form Bank One Corporation, and moved its headquarters from Columbus to Chicago. [121]
INB Financial Corporation was an Indianapolis-based statewide bank holding company that was the largest Indiana-based financial institution at the time it was acquired by Michigan-based NBD Bancorp in 1992.
Broadway Federal Bank was a community focused bank founded in 1946 and based in Los Angeles. As of 2020, it had three traditional branches and one loan production office. [1] It was the last remaining traditionally black-community oriented bank headquartered west of Dallas. [2]
In 1954, Maltz was hired as the first Chairman of the Board of City National Bank, a new bank founded by Alfred S. Hart based in Beverly Hills, California. [1] [2] [3] Over the years, the bank became known as the "bank of the stars," bankrolling many American movie stars.