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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.
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 .
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.
The holding company began as First Bank of Oak Park. FBOP started acquiring other banks in 1990. In 2006, First Bank of Oak Park merged with four other co-owned banks in Illinois to create Park National Bank. FBOP operated banks in Illinois, California, Texas, and Arizona, prior to their closure.
The National Park Bank was founded in 1856 in New York City, and by the late 19th century, it did more commercial business than any other bank in the country.
The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
The bank changed its name to First National Bank of Pittsburgh in 1863 after it became the first bank in the country to apply for a national charter as part of that year's National Banking Act. [5] It received the 48th charter on August 5, 1863, with other later banks receiving charters sooner due to paperwork problems and the fact that the ...
Indiana National Corporation made its first expansion move outside of Marion County by announcing in May 1985, two months before the new cross-county bank laws went into effect, the pending acquisitions of the Lafayette-based Lafayette National Bank, Delphi-based Union Bank & Trust Co., and Carmel-based Fidelity Bank of Indiana.