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Website. Official website at the Wayback Machine (archive index) National City Corporation was a regional bank holding company based in Cleveland, Ohio, founded in 1845; it was once one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit.
National City Bank. In 2008, PNC acquired National City Bank, Cleveland's oldest bank known for its commercial leadership, service to its customers, and its contributions to the community. As PNC upholds the core values of National City, it will also preserve the documents that tell its story.
The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 following National City's untenable loan losses during the subprime mortgage crisis.
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PITTSBURGH, Oct. 24 / PRNewswire-FirstCall / -- The PNC Financial Services Group, Inc. (NYSE: PNC) and National City Corporation (NYSE: NCC) today announced that they have signed a definitive agreement for PNC to acquire National City for $2.23 per share, or an aggregate fixed amount of approximately $5.2 billion in PNC stock.
Oct 24, 2008 · National City Corporation, headquartered in Cleveland, Ohio, is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania, and Wisconsin and also serves customers in selected markets nationally.
National City Corp. Address: 1900 East 9th Street. Cleveland, Ohio 44114-3484. U.S.A. Telephone: (216) 575-2000. Fax: (216) 575-2509. Statistics: Public Company. Incorporated: 1845 as City Bank of Cleveland. Employees: 20,306. Total Assets: $2.91 billion (1994) Stock Exchanges: New York.
Its efficient and automated banking services established NCB as one of the leading banks in Cuyahoga County. The formation of a bank holding company, National City Corporation, in 1973 enabled the bank to extend its services. By 1984, NCC became the state's largest holding company.
