National City Bank
 

National City Corp.

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National City Corporation
Type Public (NYSENCC)
Founded 1845
Headquarters Cleveland, Ohio, USA
Key people Peter E. Raskind;
Chairman, President & CEO
Industry Finance
Products commercial and retail banking, mortgage financing and servicing, consumer finance and asset management
Revenue $12.952.7b (image:green up.png17.4%) FY2006
Net income $2.3b (image:green up.png15.9%) FY2006
Employees 31,270 (2006) Full-Time
Website www.nationalcity.com

National City Corporation (NYSENCC), based in Cleveland, Ohio and founded in 1845, is one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit. Subsidiary National City Mortgage is credited for doing the first mortgage in America. The company operates through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania, Florida, and Wisconsin, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance, and asset management. The bank reaches out to customers primarily through mass advertising and offers comprehensive banking services online.

As of 2007, National City Corp. ranked number 188 on the Fortune 500 list, and 9th in terms of revenue in the commercial banks industry with total assets of about $140 billion and a market cap of $24.542.1 billion. Shareholders earned $3.72 per share up 20.4% from 2005. [1] [2]

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National City Bank Based In Cleveland Provides Mortgage Financing ...
National City Corporation points out to one among the ten biggest banks in America on the basis of mortgages, deposits as well as home equity lines of credit. The foundation of this bank was done in the year 1845 and is located in ...


National City Bank Faces Federal Probe
National City Corp.(NCC - Cramer's Take - Stockpickr) has disclosed that it's the subject of an informal Securities and Exchange Commission investigation. In its quarterly 10-Q filing with regulators, National City said it was informed ...

National City Bank
National City Bank Certificates of Deposit 6.00% APY on a 5-year CD Requirements: Branch visit in Ohio or Missouri $10000 minimum opening deposit Limited to $250000 per household Open account before August 9th ...

National City Bank's 2nd Quarter loss totals 1.8 Billion (Thursday ...
National City Corp reports losing a whopping $1.8 Billion in the 2nd quarter of this year. That includes $1.1 billion in write-offs for bad loans and money set aside for future expected losses. It amoujnts to $2.45 per share and that's ...

National City Bank Stock Still Fluctuating (Tuesday, July 15)
A tough year is continuing for Cleveland-based National City Bank, one of the institutions hardest hit by rising mortgage defaults. National City's stock briefly plummeted almost 30 percent Monday and the bank suspended trading long ...

National City Bank and truth in advertising
The hidden fee is Just the thing that National City Bank is advertising that they don't have. Here we are, among National City Bank's massive marketing campaign to convince you that they have fewer fees, and it's just simply not true, ...

National City Bank High Risk Loans
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National City Bank Says Deposits are Safe (Tuesday, July 15)
National City Bank stocks continued to roil Tuesday after a rough weekend marked by the federal takeover of a California bank and concerns that regional mortgage giants Freddie Mac and Fannie Mae are in trouble.









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