nationalcity.com

Headquartered in Cleveland, Ohio the National City Corporation was founded in 1845 by a group of businessmen. It belongs to the league of top ten banks of United States. The bank has a network of branches in Florida, Illinois, Indiana, Kentucky, Missouri, Michigan, Ohio, Pennsylvania and Wisconsin. It also caters to the needs of customers in other selected markets of the country. 1845 - The Ohio Bank Act of 1845 came into existence 1845 - Reuben Sheldon and Theodoric C. Severance organize The City Bank of Cleveland 1858 - City Bank helps in establishing Cleveland's first clearinghouse association in order to facilitate exchange between associated banks. 1863 - First National Bank of Louisville was chartered. 1865 - City Bank of Cleveland becomes National City Bank of Cleveland, also bagging the right to print federal money which lasted until the twentieth century when Federal Reserve took that charge. 1871 - First National Bank, Dayton was founded this year. 1921 - National City Bank moves to new address on the corner of Euclid Ave. and East Sixth St. 1929 - National City Bank grows its assets to $40 million. 1933 - The National Banking Act of 1933 (the Glass-Steagall Act) is made law. 1934 - On January 1, FDIC insurance is introduced. 1945 - Assets grows to $500 million in its 100th year. 1962 - Computerized its saving deposit accounts and assets reach a billion dollar. 1967 - First National Bank of Louisville introduced the first MasterCard. 1971 - National City Bank becomes first Cleveland bank to install cash dispenser machines. 1972 - National City Bank's assets cross $2 billion mark. 1973 - A new holding company, National City Corporation, is created with National City Bank as its lead bank and primary subsidiary. 1980 - National City Bank earnings fall slightly for the first time in 17 years. 1982 - National City Bank back on track of growth in annual earnings. 1995 - National City marks its 150th Anniversary with $32 billion in assets, 640 branches and 20,000 employees. 1997 - National City merges with First of America creating the 13th largest banking organization in the U.S. at that time in terms of total assets. 1998 - Launched online banking. 2006 - National City sells First Franklin group to Merrill Lynch and; Co. for $1.3 billion. 2007 - National City purchases the naming rights for Riverbend Music Center's new pavilion that will open in June 2008.

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