Chamber of Commerce accepting nominations for ATHENA Award Dec 5, 2008
The ATHENA Award(r) Program is nationally underwritten by General Motors and National City Bank. Nominations will be accepted until Dec. 22 and forms may be obtained by contacting The Atlantic Area Chamber of Commerce at 712-243-3017. (Atlantic News-Telegraph, IO)
National City bank in Bloomington robbed Dec 4, 2008
Officers were called to the National City bank branch at 1332 E. Empire St. at 4:55 p.m., only minutes before the bank lobby was scheduled to close at 5 p.m. ... Bloomington police investigate a bank robbery Wednesday, Dec. 3, 2008, the National City bank branch at 1332 E. Empire St., in Bloomington. (The Pantagraph newspaper)
Bank of Washington Is 18th in Charter Deposits in Region Dec 3, 2008
No. 6 was National City Bank and No. 7 was First Bank. Next were Enterprise Bank , First National Bank of St. Louis and the Bank of Edwardsville. (Missourian Publishing, MO)
Hughes shoots Wisconsin to win, 74-72 Dec 2, 2008
Junior forward Kyle Brown (Strongsville) scored seven of his 17 points in overtime as Baldwin-Wallace defeated Hilbert (N.Y.) in overtime in the consolation game of the Allegheny College National City Bank Tournament at Meadville, Pa. Brown had a game-high 13 rebounds and canned the game-tying 3-pointer with 34. (Cleveland.com -- Sports)
Ted Parker resigns as Republic exec Dec 2, 2008
Ted Parker, the former National City Bank executive who has spent the past three months as CEO of acquisitions and corporate strategy for Republic Bancorp Inc., resigned from the company effective last Friday, the bank reported in a filing with the U.S. Securities and Exchange Commission. Parker left to pursue other opportunities, Republic said in the filing. (Louisville Business First, KY)
Public records for Nov. 29, 2008 Dec 1, 2008
SUITS: Countrywide Home Loans Inc. v. Calentina Garcia, real property; U.S. Bank NA v. Luis Hernandez, real property; Lasalle Bank NA v. Gerod Washington, real property; National City Bank v. John Porta, real property; Deutsche Bank National Trust Co. v. Lamartiniere Coffy, real property; Bonnie J. Collins v. Allstate Floridian Indemnity Insurance Co., in excess of $15,000; Commonwealth United Mortgage v. Dennis J. Jacinto, real property; Wachovia Mortgage FSB v. Tina Henderson, real property;... (Daytona Beach News Journal)
Fight To Save Citi Nov 24, 2008
The WP adds a little by pointing out that Citi's origins can be traced back to a firm called First National City Bank that, in the 1920s, repackaged and sold bad loans from Latin America and billed them as safe securities. After the scheme collapsed, it became Citibank. (Slate)
PNC disputes reports of $5B tax break in National City deal Nov 22, 2008
When you have 29,000 National City Bank employees in nine states worried about their jobs and retirement, how do 14 people get these perks when billions of taxpayer dollars are making this merger possible. What about the other 28,986 employees and the shareholders. (Kalamazoo Gazette, MI)
Union Food Pantry Is Thankful Nov 19, 2008
They are the Union Moose Lodge, the Union R-11 School District, Union Area Chamber of Commerce, Clearview Feed United Bank of Union, Bank of Sullivan at Union, National City Bank at Union, Union Scenic Regional Library, New Hope Assembly of God Church and St. Paul's Lutheran Church of Union. Thank yous also go out to Rexam Containers for the boxes, Happy Apples for the barrels, Missourian newspaper and Gregg Jones for the articles. (Missourian Publishing, MO)
The cats get fatter Nov 19, 2008
That "needy" institution has used the favorable governmental climate to buy itself National City Bank, with lots of help in the form of tax breaks -- of guess whose tax money. It might be nice for Pittsburgh. (Pittsburgh Post-Gazette, PA)
Incumbent falls to 'progressive' in Lake Worth Nov 19, 2008
Vespo, 40, a branch manager for National City Bank in Lake Worth and past president of the Greater Lake Worth Chamber of Commerce, drew support from the business community. But in the end, Mulvehill's door-to-door campaign paid off. (The Palm Beach Post)
Homeowner Relief Nov 19, 2008
Steven Latourette (R-Ohio) publicly browbeat Paulson until Paulson agreed in front of the panel to a private sitdown with an official of National City Bank, to try and undo an unwanted shotgun merger Paulson approved between National City and PNC under the guise of a rescue. Latourette's attack shined a spotlight on one of the more loony aspects of the rescue. (New York Post -- Business)
Retail vacancy rate hits 5-year high Nov 18, 2008
About two and a half months ago RSC inked lease deals with drugstore chain CVS Caremark Corp. and a National City Bank branch at a new development in south suburban Oak Forest. More recently, the firm made two lease deals for its development in downtown Oak Park with a Brueggers bagel shop and an optometrists office. (Crain's Chicago Business)
Woman Wanted for ID Thefts Nov 18, 2008
Investigators say she gave National City Bank tellers a fake Kentucky driver's license, with the name of another account holder. She is accused of writing checks from closed accounts to make deposits and then withdraws the money. (WKRC.com, OH)
Franklin County CASA Dinner Was a Sellout Nov 15, 2008
"Our three cosponsors, YHTI, Cowan's Restaurant and National City Bank, have been huge supporters of CASA from its conception in 2006. We cannot thank them enough," Volmert said. Other businesses or organizations who gave monetary donations include Carlson Law Firm, St. Clair Rexall Drug, Steamboat Financial Group, Union Kiwanis, AmerenUE, GH Tool BOCO Electric, Bank of Washington, Union Rotary, Farmers and Merchants Bank, Spray Dynamics and Ploch Contracting. (Missourian Publishing, MO)
Banks say they're using bailout money for loans Nov 14, 2008
Sherrod Brown, D-Ohio, noted that Cleveland-based National City Bank was denied Treasury funds, only to be taken over by PNC Financial Services Group Inc. of Pittsburgh on the same day that PNC was approved for $7. 7 billion in bailout money. (San Diego Union-Tribune)
PNC commits to continue Nat City giving Nov 13, 2008
Until that is completed, PNC expects to operate with both the PNC and National City bank brands. The integration will include combining both banks charitable and sponsorship budgets to create one system to align giving with PNC s key theme and priorities. (Columbus Business First, OH)
PNC will pledge more for National City charities Nov 13, 2008
Until then, PNC plans to operate with both the PNC Bank and the National City Bank brands. PNC also said it would replace National City's employee matching charitable gift program with its own, boosting the maximum match for former National City employees' contributions to $2,500, up from $1,000. (Pittsburgh Post-Gazette, PA)
PNC to donate $28M to NatCity areas Nov 12, 2008
Post-closing integration is expected to take 23 months; until that is completed, PNC said it expects to operate with both the PNC and National City bank brands. The integration will include combining both banks charitable and sponsorship budgets to create one system to strategically align giving with PNC s key theme and priorities. (Pittsburgh Business Times, PA)
Winthrop Realty Trust Announces One for Ten Reverse Stock Split Nov 11, 2008
National City Bank is Winthrop's transfer agent and will act as the exchange agent for the purpose of implementing the exchange of stock certificates in connection with the reverse split. Winthrop Realty Trust is a NYSE-listed real estate investment trust (REIT) headquartered in Boston, Massachusetts. (PR Newswire)
Police quickly nab bank heist suspect Nov 8, 2008
The suspect, Arthur D. Ross, walked into the National City Bank on Freeport Road, demanded money from a teller and hustled out the door with his loot at 9:08 a.m., said O'Hara police Superintendent James Farringer. Mr. Ross, 23, of Blawnox, was in handcuffs by 9:30, Superintendent Farringer said. (Pittsburgh Post-Gazette, PA)
Groce receives 2008 ATHENA honor Nov 7, 2008
The honor is sponsored locally by the DeKalb Chamber of Commerce, Mike Mooney Chevrolet-Cadillac and National City Bank, and has been given once a year since 1990. Groce also worked locally for the March of Dimes between 2001 and 2003 and served on the DeKalb County League of Women Voters. (DeKalb Daily Chronicle, IL)
Concern, excitement over purchase of Realty One by Howard Hanna Nov 7, 2008
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Breaking the bank: Building demolished to redevelop downtown gateway Nov 4, 2008
Rockford Blacktop Construction company employee Royce Schmall (left), hoses down debris to keep down the dust on Monday as coworker Dewy Bennet operates an excavator to raze the National City Bank Building at the corner of 4th street and Lincoln Highway ... Demolition of the National City Bank building on the corner of Fourth Street and Lincoln Highway is expected to last three weeks to clear the ground and re-seed the surface, City Engineer Joel Maurer said ... Other banks occupied the... (DeKalb Daily Chronicle, IL)
Petoskey Pointe developer to get official word of default Nov 4, 2008
The council also decided to provide notice of the default to guarantors associated with the project and National City Bank, holder of a mortgage on the downtown site. Council member Bob Johnson noted that the city wasn t waiving its rights under the agreement. (Gaylord Herald Times, MI)
Healthy banks complain: We don't want bailout Nov 2, 2008
7 billion of preferred shares in PNC Financial Services and rejected an application from National City Bank, based in Cleveland. National City quickly agreed to a takeover by PNC.. (International Herald Tribune -- Business)
Financial entanglements surround project Nov 1, 2008
Although the mortgage is held by the Cleveland-based National City Bank, the Petoskey Pointe property is just one entry on the books for the bank and is the type of deal that is at the heart of national banking crisis. National City Bank, which declined to comment for this story, is one of the hardest hit regional banks -- losing more than 2 ... It is unclear when and if PNC Bank will move to close on the National City Bank. (Gaylord Herald Times, MI)
What's in Petoskey Pointe's future? Nov 1, 2008
In responses to Schnabel's suit, some contractors -- as well as National City Bank, holder of a mortgage on the site -- have asked the court to consider their interests as well. Last spring, the Emmet County treasurer's office issued forfeiture certificates for the site after 2006 taxes went overdue for a year. (Gaylord Herald Times, MI)
First National Bank Hires Banking Executive John C. Williams, Jr. Oct 31, 2008
Previously, he served in executive management positions with National City Bank and Mellon Bank. Williams earned a Bachelor of Science Degree from Purdue University and a Master's Degree in Business Administration from The Ohio State University. (PR Newswire)
National City acquisition by PNC brings new era in banking Oct 31, 2008
for free extra services. Subscribe to Business First. (Louisville Business First, KY)
White collars, hard times Oct 31, 2008
Mass layoff announcements have already begun: Hewlett-Packard Co. (24,600 jobs), Merck & Co. Inc. (7,200), American Express Co. (7,000), National City Bank (4,000), Goldman Sachs Group Inc. (3,260), Xerox Corp. (3,000), eBay Inc. (1,600), Micron Technology Inc. (1,500), Yahoo Inc. (1,500), Novartis AG (500) and Comcast Corp. (300). Not surprisingly, pessimism about the deteriorating job market has begun to infect consumer behaviour. (Globe and Mail -- Business)
Obama vs. McCain by the numbers Oct 31, 2008
National City Bank of Cleveland failed. After it's stock dropped from 24 to 2, it was salvaged by a Pittsburgh bank The bank president and a dozen of his henchmen claim they are each owed a 5 to10 Million dollar bonus, I suppose for their splendid financial foresight. (Lafayette Macon County Times, TN)
Not a total loss Oct 31, 2008
"We had enough (condominium pre-sales) ... but it kept changing. The real problem was that National City Bank was in trouble and they wanted out ... we had a majority of the retail taken up, and everything was in place, and then one of their participants basically went bye-bye because they saw this condo crunch coming," he said. "National City Bank realized they couldn't do the financing themselves -- the deal was too big for them.". (Gaylord Herald Times, MI)
Tipoff with Michael K. McIntyre Oct 26, 2008
With the purchase of National City Bank by PNC Financial Services Group, will Browns fans who usually use the "National City Gate" have to enter the stadium through a gate sponsored by a Pittsburgh-based bank. Isn't that an illegal substitution. (Cleveland.com)
Talk is cheap: Questions remain about net worth of Blues bidders Oct 26, 2008
Shaun Hayes, regional president of National City Bank, said he assembled a real group of investors and presumably has financing available from National City. Hayes received an estimated $15 million based on his stake in Allegiant Bancorp at the time it was acquired by National City. (St. Louis Business Journal, MO)
PNC buyout of National City 3rd change for customers Oct 26, 2008
PNC Bank in Pittsburgh says it's buying National City Bank, ending the lingering uncertainty over the future of Ohio's largest commercial bank ... Many National City Bank customers in the Tri-state may be feeling like they've seen something like this before ... Back in 2004, the old hometown-based Provident Bank was bought out by National City Bank of Cleveland. (Cincinnati Nation)
PNC Bank Buys National City Bank Oct 25, 2008
Last Update: 10/24 6:15 pm. There was a huge change today in the local banking landscape. (WKRC.com, OH)
PNC's gain shapes up as city's loss Oct 25, 2008
National City Bank, one of the 10 largest banks in the country in terms of deposits and mortgages, has 150 branches and about 1,600 employees working in the greater metropolitan Pittsburgh area. PNC Bank has 1,100 branches nationwide. (Pittsburgh Post-Gazette, PA)
U.S. job numbers show credit crisis is hurting employment Oct 24, 2008
Also this week, National City bank, announced plans to eliminate 4,000 jobs while Merck said it would cut 7,200 jobs. . (International Herald Tribune -- Business)
Regional Banks Struggled Through 3rd Quarter Oct 22, 2008
When the panic subsided, National City Bank was the first to reopen. But today that Ohio bank, now known as National City Corporation, has come to symbolize the crisis that is hobbling regional lenders across the nation. (Atlanta Journal-Constitution -- Business)
Habitat garage sale a success Oct 16, 2008
Also thank you to those that donated items for our raffle drawing: Resource Bank, The National Bank & Trust Co., National City Bank, Old Second Bank, Starbucks, Ileana Brooks, DeKalb Park District and Cindy Capek, Inboden s, Target, Ruby Tuesday, Wal-Mart and Castle Bank. Thank you to the community for extremely generous donations of items to be sold and contributions when purchasing items. (DeKalb Daily Chronicle, IL)
Bank of America makes market-share move in Phila. Oct 11, 2008
It s followed by Wachovia, Citizens, Sovereign and Ohio-based National City Bank. In New Jersey, Bank of America tops the list with 15. (Philadelphia Business Journal, PA)
Cobitco escapes attempted asset seizure by U.S. Bank Oct 6, 2008
"Since early 2007, Cobitco acting through Cynthia Bitting, has been negotiating with U.S. Bank for the purchase of the Promissory Note..." Cooper's motion said, adding that U.S. Bank was aware another lender had negotiated with National City Bank to acquire another Cobitco loan and that lender also wanted to acquire U.S. Bank's Cobitco loan because it represented "$342,000 of debt being secured by $2,000,000 plus of assets.". Cobitco's motion said U.S. Bank obtained its seizure order "based upon... (St. Louis Business Journal, MO)
Real estate blog Oct 6, 2008
After National City Bank s incursion into the region, for instance, First Peoples Bank in Port St. Lucie and First Bank of the Palm Beaches in West Palm Beach ran snarky ads. Not this time. (The Palm Beach Post)
Business Briefcase (21) Oct 4, 2008
The Athena recognition is a national program sponsored locally by the DeKalb Chamber of Commerce, the National City bank branch in DeKalb and Mike Mooney Chevrolet-Cadillac. Deadline for nominations is 5 p.m. Oct. 20. (DeKalb Daily Chronicle, IL)
Oktoberfest starts today Oct 3, 2008
The Oktoberfest BierGarten, located in the National City Bank parking lot near the corner of 2nd and Walnut Streets in downtown Seymour, is always a popular gathering spot for friendly reunions and socializing. The German Band plays nearby, adding to the festive atmosphere. (Brownstown Jackson County Banner, IN)
Athletic News Oct 3, 2008
Center - Driving Directions - Student Athlete Profile - Skylar Meade, Baseball - Student Athlete Profile - Lauren Imre, Women's Tennis - U of L Athletics Recognized for Excellence in Diversity - Red and Black Awards Announced - Student-Athlete Profile - Daniel Burton, Baseball - U of L Cheer and Dance To Hold Tryouts - Red and Black Dinner Set - University of Louisville Diversity Vision Statement - Baseball Season Opener the First of 45 Live Video Events Set for UofL All-Access This Spring -... (Uoflsports.com)
Couple to stand trial in bank robbery, chase Sep 25, 2008
District Judge Eugene Zielmanski ordered the trial after testimony at a preliminary hearing yesterday from about a half-dozen witnesses, including Eileen McCabe of Dormont, who called 911 when she saw a man in a disguise running into the National City Bank branch in Banksville Plaza just before 6 p.m. Sept. 5. Ms. McCabe testified that she followed the suspect in her car as he ran across the shopping plaza parking lot and got into a minivan. (Pittsburgh Post-Gazette, PA)
Efforts raising money for teen run over by van Sep 23, 2008
- Checks made out to Elizabeth Schneider may be mailed to National City Bank, Attn: Brandon Major Benefit Fund, 202 E. Washington St., Bloomington, IL 61701. Brandon is expected to be transferred to Northwestern Memorial Hospital in Chicago for specialized care for spinal injuries. (The Pantagraph newspaper)
Condo scam's trail begins in Brevard Sep 21, 2008
The death of the former Brevard County real estate broker all but ended the FBI probe into his scheme and prompted National City Bank to foreclose on the overpriced condos it had financed with at least $9 million in mortgage loans. The bank now owns eight of the condo units that went into default or were foreclosed on, all of which are valued at hundreds of thousands of dollars less than what Newman and his business partners borrowed. (Florida Today)
Speedy fund-racer: Almost 150 go-cart racers turn out for JA event Sep 21, 2008
Matt McQuelling from First Midwest Securities Inc. took second, and Pete Pontius of National City Bank took third, Timm said. JA, which has business and economic education programs for students in kindergarten through grade 12, integrates program materials, training and support in its innovative classroom approach. (The Pantagraph newspaper)
16-year-old hurt in van accident undergoes surgery, mother says Sep 20, 2008
Checks should be made out to Schneider and mailed to National City Bank, Attention: Brandon Major Benefit Fund, 202 E. Washington St., Bloomington, IL 61701. Edith Brady-Lunny, Phyllis Coulter and Ryan Denham contributed to this report. (The Pantagraph newspaper)
Mother faces charges in van accident involving teens Sep 19, 2008
Checks should be made out to Elizabeth Schneider and mailed to National City Bank, Attention: Brandon Major Benefit Fund, 202 E. Washington St., Bloomington, IL 61701. He had a little rougher day on Thursday, and scheduled surgery had to be postponed until he is stronger, Jacobs said. (The Pantagraph newspaper)
Illinois high school football coach charged in bank robbery Sep 17, 2008
Williams and Benyusef Hicks are charged with robbing the National City Bank in Buffalo Grove on Saturday. Witnesses said the pair bound the hands of three victims inside the bank before fleeing with $11,897. (The Pantagraph newspaper)
Police nab alleged bank robber in Pittsburgh chase Sep 8, 2008
Police say the chase began with reports of a bank robbery at a National City Bank located on the border of Pittsburgh and the suburb of Dormont. Pittsburgh Police Chief Nate Harper says McCleavy will face federal bank robbery charges, among others. (Somerset Daily American, PA)
Dormont mom helped to nab robbery suspect Sep 7, 2008
They were each being held on $250,000 straight bond yesterday after their morning arraignment on multiple counts of robbery, aggravated assault, criminal conspiracy, reckless endangerment, and eluding police stemming from the robbery of the National City Bank in Banksville. Ms. McCabe followed the Saturn sport utility vehicle up Crane Avenue and over to Saw Mill Run Boulevard, where the SUV made a right turn. (Pittsburgh Post-Gazette, PA)
Police track robbers in wild 20-mile chase Sep 6, 2008
The chase began with a report of a holdup at 5:53 p.m. at the National City Bank in the Banksville Plaza Shopping Center, a strip mall on Banksville Road near the city boundary with Dormont. A bank employee who would not give her name said a man entered the bank just before closing time and demanded money. (Pittsburgh Post-Gazette, PA)
Chamber members tour ag operations Sep 5, 2008
Approximately 75 people participated in the tour, which was sponsored by the Agribusiness Committee of the GSCC in conjunction with Farm Credit Services, National City Bank, and The Peoples Bank. The groups first stop was at Myers Sod Farm near Cortland. (Brownstown Jackson County Banner, IN)
Cause of deaths still unknown Aug 30, 2008
Anyone interested in donating can make a check payable to Elizabeth Grimes and mail it to National City Bank, 15625 Southfield Road, Allen Park, MI 48101. For more information contact Camp Fire USA at 1-800-860-5840. (The News-Herald)
TARC discontinues Cardinal Express for U of L home football games Aug 28, 2008
The Cardinal Express formerly stopped at The Forum Shopping Center on Hurstbourne Parkway, the rear of Blockbuster Video in the Springs Station Center off Breckinridge Lane and Dutchmans Parkway and in front of the National City Bank on the northwest corner of Taylorsville Road and Browns Lane, TARC marketing director Nina Walfoort said. TARC will continue to provide regular route service to Papa John s Cardinal Stadium on Route No. 4-Fourth Street and Route No. 29-Eastern Parkway. (Louisville Business First, KY)
Former National City exec joins Republic Bank Aug 26, 2008
Ted Parker, former president and CEO of National City Bank s Kentucky market, has joined Republic Bank & Trust Co. as chief executive officer, overseeing acquisitions and corporate strategy. During his career with National City, Parker also was president and CEO of National City s Michigan and Northwest Ohio market and Allegiant Asset Management divisions. (Louisville Business First, KY)
O'Gara files for $173 million IPO Aug 26, 2008
But the O'Gara deal does have some things working in its favor, said Davis Griffin, a Cincinnati-based managing director at National City Capital Markets, the investment banking arm of National City Bank. "They have a high-growth company of some scale and a decent underwriting syndicate," Griffin said. (Cincinnati Business Courier, OH)
Lawton's Honee Bear is state's "Exporter of the Year" Aug 19, 2008
" Honee Bear Canning is a sixty-year old, family-owned fourth generation fruit and vegetable processor which started exporting in 1973. The company sells products to virtually all the major retail and food service customers, including Sysco, Wal-Mart, Kroger, and Safeway. Additionally, over 90 percent of their raw product is purchased from Michigan growers. The company exports to Canada, Iceland, Mediterranean Countries, South Africa, Korea, Japan, Taiwan, Australia, and New Zealand. They have a... (Paw Paw Courier Leader, MI)
Grossberg invests in Balaban's revival in Central West End Aug 17, 2008
Herbie's owners signed a lease Aug. 12 with the building's owners, Pete Rothschild, principal of Central West End-based Rothschild Development, and Shaun Hayes, former president of Missouri banking for National City Bank. Terms of the deal were not disclosed. (St. Louis Business Journal, MO)
US industrial output edges higher Aug 16, 2008
"The outlook for consumers is still not good," said economist Richard Dekaser from National City bank. "The past month has been good but we are hardly out the woods. The labour market is still very weak. We had job losses every month this year. Wealth is also falling.". (BBC News -- Americas)
