"Manufacturers National Bank" redirects here. Not to be confused with Manufacturer's National Bank in Maine.
Manufacturers Hanover Corporation
The 1986–1991 logo was in use until its merger with Chemical Bank; Chemical continued its usage until its merger with Chase.
Trade name
Manufacturers Hanover Trust Company
Company type
Public
Traded as
NYSE: MHC
Industry
Bank holding company
Founded
1905; 119 years ago (1905) (as Citizens)
1987; 37 years ago (1987) (as Manufacturers Hanover)
Defunct
June 22, 1992; 31 years ago (1992-06-22)
Fate
Acquired by Chemical Bank and assumed the name Chemical after the 1991 merger.
Successor
Chemical Bank
Headquarters
New York City
Products
Financial services
A bronze doorway in the New Yorker Hotel in midtown Manhattan that formerly led to a branch of the Manufacturers Trust Company
Manufacturers Hanover Corporation was the bank holding company formed as parent of Manufacturers Hanover Trust Company, a large New York bank formed by a merger in 1961. After 1969, Manufacturers Hanover Trust became a subsidiary of Manufacturers Hanover Corporation. Charles J. Stewart was the company's first president and chairman.[1]
The corporation acquired the former Union Carbide Corporation headquarters at 270 Park Avenue, and though it merged into Chemical Banking Corporation for $1.9 billion in 1991, the successor corporations down to today's J.P. Morgan Chase & Co. have continued to locate their headquarters in that building.
^"Charles Stewart Dies; An Ex-Bank Executive (obituary)". The New York Times. July 17, 1987. Retrieved 20 June 2008.
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