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The New Albany branch building for the Bank of Indiana. The state Bank of Indiana was a government chartered banking institution established in 1833 in response to the state's shortage of capital caused by the closure of the Second Bank of the United States by the administration of President Andrew Jackson. [1]
The Second State Bank had been chartered in late 1833 for a period of 25 years, and was succeeded by the Third State Bank of Indiana. The National Bank Act that the U.S. Congress passed during the Civil War ended the need for a state banking system, and the Indiana National Bank of Indianapolis came into existence. [3]
McCulloch began his banking career as the President of the Bank of Indiana. In 1833 the bank was established in response to the closure of the Second Bank of the United States. Indiana was still a wilderness and no eastern bank was willing to take charge of the fledgling state bank. McCulloch was one of the few prominent businessmen in the ...
Merchants National Bank headquarters in Indianapolis in 1988. Merchants National Corporation (MNC) was an Indianapolis-based statewide bank holding company that was one of the largest Indiana-based financial institutions at the time it was acquired by Ohio-based National City Corporation in 1992.
Old National Bank's Downtown Evansville riverfront headquarters was the first highrise in the state of Indiana to be built with LEED principles. [3]Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana.
The city block was leased from the Alliance Realty Company in April 1920. In May of the same year the firm began construction of an eight-story office building on the same site. [5] During the 1920s, C-E's signature boiler equipment was the English designed Type-E stoker. C-E also offered several other types of underfeed stokers in addition to ...
1977: The First National Bank of Dayton is the corporation's first major acquisition. Two banks had merged to create the Dayton Bank in 1961: Merchant's National Bank (1871) and People's Bank & Trust Co. (1957). [91] 1978: The Huron County Banking company in Norwalk, Ohio, is acquired. The bank is renamed National City Bank, Norwalk in 1985. [91]
With the change in federal and state banking laws in 1985, Banc One began to rapidly expand outside of Ohio. Its first out-of-state acquisition was of Purdue National Bank in Lafayette, Indiana which occurred just after the new laws went into effect. [12] This bank was renamed Bank One Lafayette. This merger was quickly followed by the purchase ...