National City Bank
Lenders attempting to foreclose on Broadbent headquarters
July 28, 2011
Scott OlsonHuntington National Bank and PNC Bank claim they are owed roughly $25 million on loans related to Broadbent Co.'s purchase
and renovation of a building on East Washington Street downtown.
MoreFor PNC, there's much riding on smooth transition
June 10, 2010
Peter SchnitzlerPittsburgh-based bank starts converting former National City operations in central Indiana to its brand this weekend. But
any snags could create
opportunities for competitors to pounce on customers.
MorePNC Financial's quarterly profit falls on bailout repayment
April 22, 2010
IBJ Staff and Associated PressPNC Bank has about 80 bank branches and 1,100 employees in the Indianapolis area, all doing business under the National City
name.
MorePNC to pay back bailout money, sell division
February 3, 2010
IBJ Staff and Associated PressPNC, which operates dozens of bank branches in the Indianapolis area under the National City name, is selling its global investment
servicing business to Bank of New York Mellon Corp. for $2.3 billion.
MorePNC profit rises despite growing loan losses
January 21, 2010
Associated PressThe bank's $1.01 billion in profit and its $5.08 billion in revenue were better than analysts expected.
MorePNC battling to keep NatCity's private banking business
December 29, 2009
Scott OlsonPNC Financial is still digesting its $5.6 billion acquisition of National City Corp., but a quiet fight almost certainly
is under way over its lucrative private banking clients.
MoreBanks gobble TARP money, suffer losses
December 26, 2009
Peter SchnitzlerThe housing meltdown and recession gave banks in Indiana and across the nation their biggest test in decades.
MoreLocal SBA lending dropped 17 percent in 2009
November 20, 2009
Mason KingLocal loans issued through the Small Business Administration's popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city's four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
MoreNatCity name to remain at local branches until early 2010
November 16, 2009
IBJ StaffPittsburgh-based PNC Financial Services Group Inc. has converted 240 former National City Bank branches to their new identity,
but the 77 Indianapolis-area locations will keep the old brand for a bit longer.
MoreDeveloper Broadbent sues banks after they tighten credit line
September 19, 2009
Peter SchnitzlerLocally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.
MorePNC plans return to 'old-fashioned' lending standards
March 2, 2009
Peter SchnitzlerPNC CEO James Rohr, 60, recently sat down with IBJ to discuss the merger between PNC
Financial Services Group Inc. and National City Corp., as well as the recession and PNC's strategy.
MoreTurmoil forces National City sale
December 29, 2008
Cory SchoutenAfter a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based
PNC Financial.
MoreStitle: Bank's sale to PNC fuels 'burst of adrenaline'
December 15, 2008
Greg Andrews"I have no intention of retiring â?? now or ever," said Steve Stitle, CEO of National City Bank in Indiana, after the bank
was purchased by PNC Financial.
MoreBailout helping PNC take over NatCity
November 3, 2008
Cory SchoutenAfter a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based
PNC Financial. The $5.6 billion deal raises questions about the government's growing involvement in banking.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."