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About: Straus National Bank and Trust Company (Chicago)     Goto   Sponge   NotDistinct   Permalink

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The Straus National Bank and Trust Company was a financial institution based in Chicago, Illinois. It was founded in 1928 out of the Straus Trust Company. In 1933 the bank changed its name from the Straus National Bank and Trust Company to the American National Bank and Trust Company. In 1973, the Walter E. Heller International Corporation acquired the American National Bank and Trust Company of Chicago. As the fifth largest bank in Chicago at the time, American National had assets of $1.3 billion. In 1984 First Chicago Corporation acquired American National Corporation, the bank's holding company, for around $275 million.