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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.
INB, N.A., formerly Illinois National Bank, is a locally owned, privately held national bank based in Springfield, Illinois. It operates 13 branches and a remittance processing center in central Illinois, as well as loan production offices in Chesterfield, Missouri and Tampa and Miami, Florida.
Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980–1994," Washington: Board of Governors of the Federal Reanuary 1996. (Staff study 169) Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176)
In 2005, Inter National Bank acquired Weslaco-based City National Bank. [8] In 2006, Mexico's Banorte acquired 70% of INB Financial Corp stock for $259 million. [9] INB Financial Corp is the holding company of Inter National Bank. Banorte exercised its option to acquire the remaining 30% of INB Financial Corp stock for $146.6 million in 2009. [10]
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.
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It opened as the Indiana National Bank (INB) Tower [21] /One Indiana Square. [20] The glass curtain wall façade was renovated in 1982 and 1992. [22] After severe weather damaged the building in 2006, it was reclad in 2007–2009 with a modern façade. [23] 4 Market Tower: 421 (128) [24] 32 [24] 1988 Office
With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. [4] Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin. [1]