Chemical Financial Corporation

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Chemical Bank
Type Public
Industry Finance
Founded 1917
Headquarters Midland, MI, USA
Key people Mr. John A. Reisner, Chief Executive Officer and President

Mr. David B. Ramaker, Chief Executive Officer of Chemical Financial Corporation [1]

Products Financial Services
Commercial banking
Private Banking
Employees --
Website www.chemicalbankmi.com

Chemical Bank 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]

History[edit]

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[edit]

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

Currently[edit]

The current CEO is David B. Ramaker. Chemical Bank has received a "outstanding" CRA rating from the Federal Reserve Bank of Chicago.[4]

References[edit]

External links[edit]