INB Financial Corporation
INB Financial Corporation was an Indianapolis-based statewide bank holding company that was the largest Indiana-based financial institution at the time it was acquired by Michigan-based NBD Bancorp in 1992. Its primary subsidiary was the Indianapolis-based INB National Bank, formerly the Indiana National Bank, which can trace its origins to the founding of the Second State Bank of Indiana in 1834. From the mid-1950s through the late 1980s, Indiana National Bank, American Fletcher National Bank, and Merchants National Bank (Indianapolis), Merchants National Bank, were the three largest banks in Indianapolis and its holding company, Indiana National (INB Financial) Corporation, along with American Fletcher Corporation and Merchants National Corporation, were the three largest bank holding companies in the state. History To allow it to acquire other banks and other financial related businesses, Indiana National Bank formed a holding company called Indiana National Corporation in 19 ...
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NBD Bancorp
The National Bank of Detroit (NBD), later renamed NBD Bank, was a bank that operated mostly in the Midwestern United States. Following its merger with First National Bank of Chicago, the bank was ultimately acquired and merged into Bank One, at which point the NBD name was discontinued. Today, what was once NBD is owned by JPMorgan Chase & Co. History NBD was founded in 1933 in Detroit in the midst of widespread bank failures during the Great Depression. Spurred by the Reconstruction Finance Corporation (RFC) to help stabilize the nation's banking system, NBD's shares were initially equally owned by General Motors Corporation, General Motors (GM) and by the U.S. government under the RFC. The bank opened for business on March 24, 1933.Alternate Link
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