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Continental Illinois can be traced back to two Chicago banks, the Commercial National Bank, founded during the American Civil War, and the Continental National Bank, founded in 1883. In 1910, the two banks merged to form the Continental & Commercial National Bank of Chicago with $175 million in deposits – a large bank at the time.
Commerce was founded by Francis Reid Long with $10,000 in capital in 1865, just as communities were rebuilding during post-Civil War Reconstruction. Originally known as the Kansas City Savings Association, it was acquired in 1881 by Dr. William Stone Woods and renamed the National Bank of Commerce, claiming at the time to be the largest bank west of Chicago. [5]
First Chicago NBD: Bank One Corp. $30 billion JPMorgan Chase: 1998 Banc One Corp. First Commerce Corp. Bank One Corp. JPMorgan Chase: 1998 Travelers Group: Citicorp: Citigroup: $140 billion Citigroup: 1998 SunTrust Bank: Crestar Financial Corp. SunTrust Banks, Inc. Truist Financial: 1998 Washington Mutual: H.F. Ahmanson & Co. Washington Mutual ...
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 ...
Benefits of online and digital banking. Higher rates and lower fees. Online banks save a bundle without operating branch locations, and these savings translate into stronger annual percentage ...
The Continental and Commercial National Bank is a historic office building located at 208 S. LaSalle Street in Chicago's Loop. 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.
When regulators forced the sell-off of Bank of Commerce in 1969, they allowed Bank Stock Corporation to buy other banks in areas where there were no competing banks, and could also build branches within a three-mile radius of Milwaukee. Accordingly, Bank Stock changed its name to Marshall & Ilsley Corporation in 1971. [6]
A life insurance conversion privilege allows you to convert your policy from one kind to another. For individuals who hold a life insurance policy, it's common for their coverage needs to change ...