Corn Exchange Bank
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The Corn Exchange Bank was founded in 1852 in New York, but had branches in other states, including Pennsylvania, Wisconsin, and Nebraska. It was a retail bank that acquired many community banks. In 1929 it was renamed the Corn Exchange Bank and Trust Company. In 1954 it merged with Chemical Bank and the combined entity took the name Chemical Corn Exchange Bank. After Chemical Corn merged with New York Trust, the "Corn" was dropped.
The Corn Exchange Bank in Philadelphia, Pennsylvania was famously robbed by Willie Sutton in February 1933.
[edit] Acquisition history
- 1899 Astor Place Bank (founded 1891), Hudson River Bank (founded 1888) and Queens County Bank (founded 1873).
- 1900 Home Bank (founded 1883).
- 1902 Mechanics & Traders' Bank of Brooklyn (founded 1867), Eleventh Ward Bank (founded 1867) and Union Square Bank (founded 1889).
- 1905 First National Bank of Staten Island at New Brighton (founded 1886).
- 1913 Mount Morris Bank (founded 1881).
- 1914 Washington Trust Co. (founded 1889).
- 1928 Stapleton National Bank (founded in 1902).
[edit] See also
- JP Morgan Chase & Co. - the successor company