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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.
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.
Oct 24, 2008 · Merger will create fifth largest U.S. banking deposit franchise PNC to further strengthen capital position. 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 ...
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.
Company History: With more than $32 billion in assets and over 600 branch offices in Ohio, Kentucky, and Indiana, National City Corp. is the third-largest bank holding company headquartered in Ohio and ranks among the top twenty banks in the United States in terms of assets.
Oct 27, 2008 · Roger Mezger. Associated Press. The sale of National City to PNC Financial Services has its roots in decisions made years ago. As Northeast Ohio tries to digest the demise of National City...
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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. Four years later, NCC became an interstate bank with acquisitions in Kentucky, followed by Pennsylvania, Indiana, Michigan, Missouri, Florida and Illinois.
