The Corn Exchange Bank was founded in 1853 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 1855, the bank moved into an existing building at the northwest corner of William and Beaver streets. In 1894, the bank completed a new headquarters, an 11-story building designed by Robert Henderson Robertson, at 11-15 William Street. Between 1923 and 1925 it held a small stake in the Connecticut-chartered Bank of Central and South America, together with a number of other New York 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.
Read more about Corn Exchange Bank: Acquisition History
Famous quotes containing the words corn, exchange and/or bank:
“The hill farmer ... always seems to make out somehow with his corn patch, his few vegetables, his rifle, and fishing rod. This self-contained economy creates in the hillman a comparative disinterest in the world’s affairs, along with a disdain of lowland ways. “I don’t go to question the good Lord in his wisdom,” runs the phrasing attributed to a typical mountaineer, “but I jest cain’t see why He put valleys in between the hills.””
—Administration in the State of Arka, U.S. public relief program (1935-1943)
“The social kiss is an exchange of insincerity between two combatants on the field of social advancement. It places hygiene before affection and condescension before all else.”
—Sunday Correspondent (London, Aug. 12, 1990)
“We bank over Boston. I am safe. I put on my hat.
I am almost someone going home. The story has ended.”
—Anne Sexton (1928–1974)