Mechanics and Metals National Bank

After a number of mergers and acquisitions, in 1926 MMNB consolidated with the Chase National Bank.

[2] After approval from the Controller of the Currency the day before, on June 21, 1920, Mechanics and Metals and the Produce Exchange Union were merged.

With branches in Manhattan and a main office at 20 Nassau Street, the new consolidated institution was named Mechanics and Metals National Bank.

Combined capital, surplus, and profits of the new bank were approximated at $25,000,000, with deposits exceeding $200,000,000.

[3] Stockholders elected directors from both former institutions, including John E. Berwind of the Berwind-White Coal Mining Company, William H. Childs of the Barrett Company, Walter C. Hubbard of Hubbard Bros. and Co, Ambrose G. Todd of Reeves and Todd, and Gates W. McGarrah.

Mechanics and Metals National Bank of the City of New York banking room in 1921, covering an area of approximately 10,500 square feet. [ 1 ]