The Chatham Phenix National Bank and Trust Company was a bank in New York City connected with the Chatham Phenix Corporation.[1] Its predecessor Chatham and Phenix National Bank was formed in 1911 when Chatham National Bank paid $1,880,000 to absorb the asset of the Phenix National Bank.[2] The bank grew significantly as it absorbed smaller banking institutions, such as Mutual Alliance Trust Company[3] and Century Bank in 1915, at which point Chatham and Phenix National Bank became the "first national bank to operate branches in the same city with the main bank."[4]
Chatham Phenix National Bank and Trust Company of New York was organized in 1925 with resources of around $300,000,000. At the time of its formation, it was one of the ten largest banks in the United States.[4] In 1932, the company merged with the Manufacturers Trust.[4]
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