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The Second State Bank had been chartered in late 1833 for a period of 25 years, and was succeeded by the Third State Bank of Indiana. The National Bank Act that the U.S. Congress passed during the Civil War ended the need for a state banking system, and the Indiana National Bank of Indianapolis came into existence. [3]
First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp) U.S. Bancorp: 1993 Banc One Corp. Valley National Bank of Arizona: Banc One Corp. JPMorgan Chase: 1993 Bank of Boston Corp. South Shore Bank, Mechanics Bank, First Agricultural Bank of Boston Corp. Bank of America: 1993 First Union Corporation: Dominion Bank
In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
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The New Albany branch building for the Bank of Indiana. The state Bank of Indiana was a government chartered banking institution established in 1833 in response to the state's shortage of capital caused by the closure of the Second Bank of the United States by the administration of President Andrew Jackson. [1]
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The bank was founded in 1834 as a branch of the Second State Bank of Indiana [2] and later became known as Terre Haute First National Bank. In 1983, First Financial Corporation was established as the bank's holding company, and in August 1984 it became Indiana's first multi-bank holding company.
Old National Bank's Downtown Evansville riverfront headquarters was the first highrise in the state of Indiana to be built with LEED principles. [3]Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana.