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:
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“A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
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