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The Trust Company of America was a large company in New York City. Founded on May 23, 1899 in Albany, New York, [1] its founding president was Ashbel P. Fitch and it was initially located in the Singer Building in Manhattan's Financial District. [1]
It was designed by Francis Kimball and constructed during 1906–1907 for The Trust Company of America, which occupied the ground floor.The building, completed in 1907, stands at 25 floors, plus a penthouse level that includes apartments and a terrace.
On April 12, 1905, it was reported that the City Trust, the North American Trust, and the Trust Company of America were merging in the near future, in what the Times called "the most important trust company consolidation of recent years." It was announced the new company would be named the Trust Company of America, with capital of $2 million, a ...
Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. [1] It operated independently until 2000, when it was acquired by Charles Schwab, and Co. [2] and subsequently sold to, and became a subsidiary of, Bank of America in 2007. [3]
Bank of America: 1905 [3] Trust Company of America: City Trust, North American Trust Company: Trust Company of America: JPMorgan Chase: 1909 [4] Consolidated National Bank: Oriental Bank: National Reserve Bank: JPMorgan Chase: 1911 [5] Chatham National Bank: Phenix National Bank: Chatham and Phenix National Bank: JPMorgan Chase: 1912 [6 ...
When he retired from the Trust Company of America, Thorne spent $500,000 purchasing the Corporation Trust Company of New Jersey. [2] He explained he made the purchase to provide employment to the men who had stood by him during the 1907 run on the bank, as many of them lost their jobs when the Trust Company of America merged with the Equitable ...
Trust Company of America; 0–9. 37 Wall Street; S. Singer Building This page was last edited on 25 January 2019, at 11:32 (UTC). Text is available under the Creative ...
Schenectady Trust Company was renamed Trustco Bank New York in January 1989. By the end of 1982, Harry E. Whittingham, Jr. was chairman and chief executive officer, and Robert A. McCormick was president and chief operation officer of the bank. Total assets were $301.4 million, net income was $2.9 million and market capitalization was $17 million.