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First National Bank of Chicago

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First National Bank of Chicago 

a major private bank in the USA, founded in 1863. Together with Continental Illinois Corporation, which held assets of $19.5 billion in 1975, the bank forms the nucleus of the Chicago financial group. The bank’s directors are the leaders of some of the largest industrial enterprises in Chicago, such as Inland Steel Company, International Harvester Company, Caterpillar Tractor Company, and the Commonwealth Edison Company. The bank has six branches in the USA and approximately 50 branches and subsidiary banks abroad. As of July 1, 1976, the bank’s total balance was $17.7 billion, capital and reserves were $800 million, deposits and current accounts totaled $13.4 billion, and loans amounted to $10.6 billion.



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Kincaid was senior vice president of finance for Equity Group investments and also held positions with Barclays Bank and The First National Bank of Chicago.
McDonough had been the president of the Federal Reserve Bank since 1993, after serving 22 years at First National Bank of Chicago.
a division of First National Bank of Chicago is a 712-employee financial services firm.
 
 
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