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Chemical Bank New York Trust Co. - 1968 dated $10,000 Banking Specimen Bond

Inv# SE3517   Specimen Bond
State(s): New York
Years: 1968
Color: Orange and Black

$10,000 5% Specimen Bond printed by Security-Columbian Banknote Company. Chemical Bank was a bank with headquarters in New York City from 1824 until 1996. At the end of 1995, Chemical was the third-largest bank in the U.S., with about $182.9 billion in assets and more than 39,000 employees around the world.

Chemical Bank was the principal operating subsidiary of the Chemical Banking Corporation, a bank holding company. As of the end of 1995, before its merger with the Chase Manhattan Bank, Chemical was the third-largest bank in the United States by total assets, with $182.9 billion. The Chemical Banking Corporation was the fifth-largest bank holding company in terms of total assets. (It is not to be confused with the totally-unrelated entity in Michigan, Chemical Bank and Trust, which is a division of TCF Financial Corporation and is expected to be a surviving brand in their merger. Of Chemical's $182.9 billion, the bank held about $82.1 billion of loans, including mortgage loans, other consumer loans, and commercial loans in the U.S. and internationally. Among Chemical's largest international exposure was to Japan, Germany, and the United Kingdom. The other assets on the bank's balance sheet included cash as well as various debt and equity securities. More information at https://en.wikipedia.org/wiki/Chemical_Bank

Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
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