Chemical Financial Corporation

This article is about the community bank headquartered in Michigan. For the national banking firm that merged with Chase Manhattan, see Chemical Bank.

Chemical Financial Corporation

ChemicalBankLogo.PNG
Type	Public (NASDAQ: CHFC)
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 (NASDAQ: CHFC) 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

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

1. ^ Yahoo Finance: Chemical Financial Corp.
2. ^ Michigan History Magazine: May/June 1998-The Execution of Anthony Chebatoris, by Aaron J. Veselenak
3. ^ [ ]

External links

• Chemical Bank website