Chemical Financial Corporation

Chemical Financial Corporation
Chemical Financial Corporation
Type Public (NASDAQCHFC)
Industry Finance
Founded 1917
Headquarters Midland, MI, USA
Key people David B. Ramaker, Chairman, President & CEO

Lori A. Gwizdala, CFO>[1]

Products Financial Services
Employees --
Website www.chemicalbankmi.com

Chemical Bank (NASDAQCHFC) is a Michigan-based bank headquartered in Midland, Michigan. It is the wholly owned subsidiary of Chemical Financial Corporation, and has 142 offices in Michigan's lower peninsula. It is Michigan's third largest bank holding company (Citizens Republic Bancorp is the largest and Independent Bank is the second).[citation needed]

Contents

History

Chemical State Savings Bank was founded in 1917.

The headquarters of Chemical Bank was the site of Tony Chebatoris' infamous bank robbery in 1937, which ultimately ended in Chebatoris being the only man receiving the death penalty in the state of Michigan.[2]

Chemical Bank and Trust Company changed its name to Chemical Bank in 1973 to reflect that their trust activities were only a small part of total business.[3]

Dollar The Squirrel

In 2008, Chemical Bank adopted Dollar The Squirrel as their company mascot. Dollar appears at company funded events around the state.

Currently

The current CEO is David B. Ramaker. Chemical Bank has received a "outstanding" CRA rating from the Federal Reserve Bank of Chicago.[citation needed]

References

External links


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