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Between 1923 and 1925, together with a number of other New York banks, it held a small stake in the Connecticut-chartered Bank of Central and South America. 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.
Bank of Rockville Centre Trust Co. Chemical Bank New York Trust Co. JPMorgan Chase: 1940s-1960s Berks County Trust Company: Wyomissing Valley Bank, Temple State Bank, Mount Penn Trust Company, Reamstown Exchange Bank, Schuylkill Trust Company Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp) Wells Fargo: 1964
In 1952, Girard Trust Company acquired The Corn Exchange Bank's Philadelphia branches, and renamed itself Girard Trust Corn Exchange Bank. From 1964 to 1971, the bank was known as Girard Trust Bank, later Girard Bank.
The 34 year old Gates (who was the son-in-law of the late Henry P. Davison, a former Liberty National Bank president) had started his career in 1919 with Liberty National Bank, going to New York Trust after the 1920 merger and becoming a vice president in 1926. Gates became chairman of the executive committee and Buckner remained chairman of ...
PNB and Girard Trust Corn Exchange Bank, which were respectively the second- and the third-largest of the 42 commercial banks with head offices in the Philadelphia metropolitan area, proposed to merge. PNB had assets of over $1 billion, making it the 21st-largest bank in the nation. Girard had assets of about $750 million.
Exchange Bank or Exchange Bank Building may refer to: American Exchange National Bank, Broadway & Cedar Street, New York, built 1911, demolished 1964;
In 1922, it merged with the Columbia Trust Company, a New York State-chartered bank, creating the Irving Bank and Trust Company. [3] [1] Later, in 1926, it acquired by merger the American Exchange-Pacific Bank, and changed its name to the American Exchange Irving Trust Company.
At the time of the merger, Chemical Corn was the fourth largest bank in New York and New York Trust was the ninth largest bank and the merger created the third largest bank in New York, and the fourth largest in the U.S. with $3.8 billion of assets. [20] Following the merger, the bank dropped the usage of the "corn exchange" from the corporate ...