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AmTrust Financial Building, formerly known as McDonald Investment Center, Key Center and the Central National Bank Building, is a commercial high-rise building in Cleveland, Ohio. The building rises 308 feet (94 m) in Downtown Cleveland. [1] It contains 23 floors, [1] and was completed in 1969. [2]
The bank was founded in 1889 as Ohio Savings, Loan & Building Co. [1] In 1963, Leo Goldberg acquired control of the company. [1] In 1975, the bank acquired Citizens Federal Savings & Loan of Akron. [1] In 1978, the bank acquired Shaker Savings. [1] In 1989, the bank acquired Palm Plaza Savings Association, based in Boca Raton, Florida. [2]
The tallest building in Cleveland is the 57-story Key Tower, which rises 947 feet (289 m) on Public Square. [1] The tower has been the tallest building in Ohio since its completion, in 1991; it also was the tallest building in the United States between Chicago and New York City before the completion, in 2007, of the Comcast Center in ...
One of these, AmTrust, was no normal bank failure. The bank, which had a total of 66 branches, was closed by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance ...
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In November 2018, AmTrust completed a go-private transaction, merging with Evergreen Parent, L.P., an entity formed with private equity funds managed by Stone Point Capital LLC, together with the Karfunkel-Zyskind family. [15] In January 2019, AmTrust voluntarily delisted and deregistered all series of preferred stock and subordinated notes. [16]
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Flagstar Financial, Inc. (FLG), is a bank holding company for Flagstar Bank headquartered in Hicksville, New York. In 2023, the bank operated 395 branches in New York, Michigan, New Jersey, Ohio, Florida, Arizona and Wisconsin. [ 3 ]