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Midland Bank's head office banking hall at 27 Poultry, built in the late 1920s Former Threadneedle Street head office of The City Bank, which became London City and Midland Bank The Lutyens-designed 100 King Street, Manchester. Midland Bank was founded by Charles Geach, its first manager in Union Street, Birmingham, England, in
The banks continued to operate under the Marine Midland name until 1998, when the offices were re-branded as HSBC Bank. [2] In 1994, Marine Midland acquired Spectrum Home Mortgage, which operated in eight states. In 1995, Marine Midland acquired United Northern Federal Savings Bank, with branches in Watertown and Lowville, New York.
Marine Midland was founded as Marine Bank, a state-chartered bank, on July 10, 1850, with capital of $170,000. It was founded by eight men from across New York—General James S. Wadsworth of Geneseo, J. P. Beekman of Kinderhook, New York, John Arnot of Elmira, John Magee and Constant Cook of Bath, William R. Gwinn of Medina, and George Palmer and James M. Ganson of Buffalo.
The bank also announced it would brand the new arm, including all of its branches, as HSBC UK. It had previously been speculated that HSBC might revive the Midland Bank name or use the first direct brand for its branch network. The new name was rolled out in 2018. [9] As part of setting up the new bank, a new board and legal structure was created.
Today, family owns 100% of the Midland Group. In 1982, Midland Financial Co. purchased a recently formed charter bank in Stilwell, Oklahoma, and named it MidFirst Bank and moved it to Oklahoma City. In 2009, MidFirst Bank acquired Community Bank of Arizona and Union Bank, both headquartered in the Phoenix metro area. [7]
In October 1965, Marine Midland Bank leased the two basements and the first 20 floors. Because the bank was the largest tenant at 140 Broadway, Helmsley's corporation gave the bank naming rights to the building. According to the bank's annual report for that year, 140 Broadway was to be the new headquarters of the bank. [2]
Seneca One Tower is a 529-foot (161 m) skyscraper located in downtown Buffalo, New York.The building was formerly known as One HSBC Center (1999–2013) and prior to that, as Marine Midland Center (1972–1999), its name was changed in 1999 shortly after Marine Midland's parent company HSBC re-branded the bank as HSBC Bank USA. [2]
The branches were once part of the former Marine Midland Bank. [1] [6] In May 2017, Northwest Bank exited the Maryland market, selling all three remaining branch locations to locally-based Shore United Bank. [7] In 2017, the bank’s assets were valued at $9.5 billion and the bank was ranked number 134th among all banks nationally. [2]
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