Search results
Results from the WOW.Com Content Network
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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.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 ...
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 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]
It was designed for the Commercial National Bank, which had been formed after the passage of the National Banking Act of 1863. [3] It was constructed between 1906 and 1907. [4] The Commercial National Bank merged with the Continental National Bank in 1910; the merged entity moved into the Continental and Commercial National Bank building in ...
Later, company president Walter C. Peacock became an important figure in Chicago and Illinois sporting circles. The Peacock family sold the company to Dayton-Hudson in 1969. [ 2 ] During the 1992 American recession, the company encountered financial difficulty, entered bankruptcy and was sold to Gordon Brothers , but ultimately survived in a ...
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]
The Old Chicago Main Post Office is a nine-story-tall office building in downtown Chicago.The building was designed by Graham, Anderson, Probst & White and built in 1921. The structure of the building was expanded greatly in 1932 in order to serve Chicago's great volume of postal business, increased significantly by the mail-order businesses of Montgomery Ward (the largest retailer in the ...