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Chemical National Bank offices at 270 Broadway, c. 1913. Chemical Bank was the principal operating subsidiary of the Chemical Banking Corporation, a bank holding company. As of the end of 1995, before its merger with the Chase Manhattan Bank, Chemical was the third-largest bank in the United States by total assets, with $182.9 billion.
On 2 September 1969, Chemical Bank installed a prototype ATM in the U.S. at its branch in Rockville Centre, New York. The first ATMs were designed to dispense a fixed amount of cash when a user inserted a specially coded card. A Chemical Bank advertisement boasted "On Sept. 2 our bank will open at 9:00 and never close again."
At many points throughout this history, Chemical Bank was the largest bank in the United States (either in terms of assets or deposit market share). [citation needed] In 1996, Chemical Bank acquired Chase Manhattan. Although Chemical was the nominal survivor, it took the better-known Chase name.
The article American Chemical Companies Will Take This News Straight to the Bank originally appeared on Fool.com. Fool contributor Aimee Duffy has no position in any stocks mentioned.
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Financial services. A bronze doorway in the New Yorker Hotel in midtown Manhattan that formerly led to a branch of the Manufacturers Trust Company. Manufacturers Hanover Corporation was an American bank holding company that was formed as parent of Manufacturers Hanover Trust Company, a large New York City bank formed through a merger in 1961.
TCF Bank ATM at the University of Minnesota. TCF branch in Ypsilanti, Michigan.. TCF Financial Corporation was a bank holding company based in Detroit, Michigan.The current incarnation of the company was formed by a 2019 merger between the former TCF, which was established in 1923 in Wayzata, Minnesota, and the Michigan-based Chemical Financial Corporation.