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A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.
First Chicago Bank was a Chicago, United States-based retail and commercial bank tracing its roots to 1863, when it received one of the first charters under the then new National Bank Act. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with the ...
The 21-story building was built in 1911-14 for the Continental and Commercial National Bank, at the time one of the largest banks in the nation. Architect Daniel Burnham designed the building in the Classical Revival style; Burnham, who was perhaps best known for his 1909 plan of Chicago , was a proponent of the style and used it in office ...
CIBC Theatre is a performing arts theater located at 18 West Monroe Street in the Loop area of downtown Chicago. It is operated by Broadway In Chicago , part of the Nederlander Organization . Opened in 1906 as the Majestic Theatre , [ 1 ] it currently seats 1,800 and for many years has presented Broadway shows.
Chicago's address system has been standardized as beginning at the intersection of State and Madison Streets since September 1, 1909. [75] Prior to that time, Chicago's street system was a hodgepodge of various systems which had resulted from the different municipalities that Chicago annexed in the late 19th century. [75]
The tapestry is now in the collection of the Art Institute of Chicago. [4] In May 2013, U.S. Bank announced it agreed to increase its leased space in the structure from 66,000 square feet (6,100 m 2) to 110,000 square feet (10,000 m 2). The terms of the lease also gave the bank naming rights for the building through 2026. [5]
Upper facade. Commercial real estate in Chicago, Illinois boomed in the late 1870s due to the recovery from the Great Chicago Fire in 1871 and the Depression of 1873–79.In 1880, William Ellery Hale purchased a small lot in the Loop community area containing the four-story First National Bank Building, one of the few offices in downtown Chicago to partially survive the Great Fire. [3]
The Chicago Fed was established on May 18, 1914, when representatives from five Seventh District banks formally signed the Chicago Fed's organization certificate. [1] The Bank officially opened for business with 41 employees on Monday, November 16, 1914. [1] [2] [9]