Cher

National City Corp. Story Unlikely to Have Happy Ending

Believe me Jura, I've been there when SFB sold to MidAmerica Bank. I was told very few would lose their job. I was told my servicing job was secure until about 2 months before the "official name change". I was out, however, when a window closes, another opens. I now work for Bank of America Business Capital and making more money. I don't want to see any of you lose your jobs, as I have a small investment in NCC. I know all the neighborhood branch employees and don't want to see them lose their jobs either.


On Apr 17 09:46 PM jura wrote:

> I'm a National City employee. It is a great place to work, but I
> think many of us are more than ready for a "shake up". I just hope
> it won't mean major job losses (at least mine!).

National City Corp. Story Unlikely to Have Happy Ending

Believe me, I am astounded. The local branch in my neighborhood which is a small suburb of Milwaukee WI started out as a local Building & Loan (St Francis Building & Loan) then Savings & Loan, then Savings Bank when it was turned over to stock holders (St Francis Savings Bank, FSB). We were getting a fair price back then, must have in the early 90's about $10 a share, the stock split and the price doubled. When they sold to MidAmerica Bank in Chicago in 2003-04, the price was around $46 a share. MidAmerica sold to National City and the name officially changed in Feb 08. I was an employee of SFB until 2004 when MidAmerica offically took over. Thank God I took by stock and re-invested. Where would I be now????