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Suburban Bancorp. Suburban Bancorp, Inc. was a publicly traded multibank holding company headquartered in suburban Chicago. It was founded by Gerald F. Fitzgerald, father of former U.S. Senator Peter Fitzgerald, and majority owned by the Fitzgerald family. [1] Bank of Montreal acquired Suburban Bancorp, Inc. by merger in 1994.
To take advantage of this new law, the National Bank of Detroit formed the National Detroit Corporation on January 1, 1973 as its holding company. The holding company began to offer stock on the New York Stock Exchange under the ticket symbol NBD. National Detroit Corp. was later renamed NBD Bancorp in 1981. Michigan
Bank holding company status. Becoming a bank holding company makes it easier for the firm to raise capital than as a traditional bank. The holding company can assume debt of shareholders on a tax free basis, borrow money, acquire other banks and non-bank entities more easily, and issue stock with greater regulatory
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, multibank holding company New York Community Bancorp (NYS ...
Multibank holding company International Bancshares announced today its semiannual dividend of $0.23 per share, a 15% increase in the payout made to investors last time of $0.20 per share. The ...
Multibank holding company Arrow Financial ) announced today it was paying a 2% stock dividend to shareholders who would receive two additional shares of company stock for every 100 shares they owned.
Marine Midland was founded as Marine Bank, a state-chartered bank, on July 10, 1850, with capital of $170,000. It was founded by eight men from across New York—General James S. Wadsworth of Geneseo, J. P. Beekman of Kinderhook, New York, John Arnot of Elmira, John Magee and Constant Cook of Bath, William R. Gwinn of Medina, and George Palmer ...
Gerald Francis Fitzgerald (July 6, 1925 – October 30, 2010) was an American banker and father of former U.S. Senator Peter Fitzgerald. Gerald Fitzgerald was the founder and chairman of Suburban Bancorp, Inc., a publicly traded multibank holding company with 13 banks and 30 locations when Bank of Montreal acquired it by merger in 1994. [1]