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Park National Bank was founded in July 1908 under the name The Park National Bank of Newark. [2] The organization changed its name to Park National Bank in 1971 shortly after acquiring The People's State Bank. The company then acquired The Utica Savings Bank Company in 1973, followed by The Fairfield National Bank of Lancaster.
Another, entirely separate Park National Bank is a Chicago-based bank owned by FBOP Corporation, with branches in Chicago and several nearby suburbs. The Chicago bank failed on October 30, 2009, and was taken over by the Federal Deposit Insurance Corporation , with the bank's assets later being sold to US Bank .
Park National Bank (FBOP), an FBOP division, based in Chicago, Illinois Topics referred to by the same term This disambiguation page lists articles associated with the title Park National Bank .
FBOP Corporation was a financial services company based in Oak Park, Illinois, United States.As of mid-2009, it had $18.5 billion in assets and was the 46th largest bank holding company in the United States. [2]
The bank was founded in Philadelphia on September 8, 1803, as The Philadelphia Bank. George Clymer was the bank's first president. Later, the bank became known as Philadelphia National Bank, or PNB. During the early years of the United States, Philadelphia developed as the banking center of the country.
The bank's first acquisition out of state was the failing First National Bank of Crosby, Texas in February 1987. Central Bancshares became the first bank in Alabama to own a bank in another state and the first out-of-state bank to own a bank in Texas. [1] D. Paul Jones took over the CEO position from Brock in 1991. [6]
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I have decided to take on this article to improve. I plan on adding some history about the bank, then I plan to outline some details about the affiliates of the bank to improve what is reported on for this page. I don't plan on editing much, just adding a lot of information to the article itself. Kamphasm 12:20, 31 October 2018 (UTC)