Financial Services

Chase Corporate Office

Chase is the subsidiary that handles the consumer and commercial banking of the multinational JP Morgan Chase Bank N.A.

Chase was founded in 1799 as The Manhattan Company. In 1955, the Bank of Manhattan company merged with Chase National Bank to become Chase Manhattan Bank.

In 2004, they merged with the Bank One Corporation and changed their headquarters to Chicago. In 2008, Chase acquired most of the assets of Washington Mutual.

JPMorgan Chase, through its subsidiary Chase, is one of the Big Four banks in the United States, along with Bank of America, Citigroup, and Wells Fargo.

Today Chase is a national bank that constitutes the consumer and commercial banking operations of the multinational bank JPMorgan Chase. Chase has more than 5,000 bank branches, 16,000 ATMs, and has 265,000 employees in 85 countries.

Chase

Chase is the subsidiary that handles the consumer and commercial banking of the multinational JP Morgan Chase Bank N.A.

Chase was founded in 1799 as The Manhattan Company. In 1955, the Bank of Manhattan company merged with Chase National Bank to become Chase Manhattan Bank.

History

In 2004, they merged with the Bank One Corporation and changed their headquarters to Chicago. In 2008, Chase acquired most of the assets of Washington Mutual.

JPMorgan Chase, through its subsidiary Chase, is one of the Big Four banks in the United States, along with Bank of America, Citigroup, and Wells Fargo.

Jackson Hewitt Corporate Office

Jackson Hewitt began in 1982 when a group of investors bought 6 Mel Jackson’s Tax Service locations.

The company grew slowly until 1986 when they began to franchise. By 1987, they had added 22 new offices.

In 1989, the company partners with Montgomery Ward to open branch locations inside their stores.

In 1992, the company goes public.

In 1994, the company partners with WalMart to begin opening branches inside WalMart and Sam’s Club stores.

In 1996, John Hewitt leaves the company and is replaced as CEO by Keith Alessi.

In 1998, the company is purchased by the Cendant Corporation.

By 1999, there were 3,000 locations.

On April 3, 2007, the US Justice Department announced that the federal government had filed civil injunction suits alleging tax fraud by five corporations owned or partly owned by Farrukh Sohail, a franchisor. On September 28, 2007, the Department of Justice announced that it had reached settlements with each of the defendants in the case. Under the settlement agreements, the majority owner, Farrukh Sohail, of each of the businesses was to be barred from preparing tax returns for five years, and approximately fifteen of Sohail’s employees were permanently banned from preparing taxes other than their own. Jackson Hewitt states that an internal audit showed that none of their corporate employees knew about the scam which led to the filing by the Justice Department.

In 2011, the company was taken off the NYSE after defaulting on its debt. The company eventually filed bankruptcy and emerged as a private company.

CNet offered an unflattering online review stating that Jackson Hewitt’s low filing fee is attractive but that the bare-bones software leaves something to be desired.

Today, Jackson Hewitt is the 3rd largest tax preparation service in the US. The company operates over 6,800 locations.

Jackson Hewitt

Jackson Hewitt began in 1982 when a group of investors bought 6 Mel Jackson’s Tax Service locations.

The company grew slowly until 1986 when they began to franchise. By 1987, they had added 22 new offices.

History

In 1989, the company partners with Montgomery Ward to open branch locations inside their stores.

In 1992, the company goes public.

In 1994, the company partners with WalMart to begin opening branches inside WalMart and Sam’s Club stores.

In 1996, John Hewitt leaves the company and is replaced as CEO by Keith Alessi.

In 1998, the company is purchased by the Cendant Corporation.

By 1999, there were 3,000 locations.

In 2011, the company was taken off the NYSE after defaulting on its debt. The company eventually filed bankruptcy and emerged as a private company.

CNet offered an unflattering online review stating that Jackson Hewitt’s low filing fee is attractive but that the bare-bones software leaves something to be desired.

Today, Jackson Hewitt is the 3rd largest tax preparation service in the US. The company operates over 6,800 locations.

US Bank Corporate Office

US Bank can trace its beginnings back to 1891 as the United States National Bank of Portland. U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. It became the United States National Bank of Oregon in 1964.

In 1997, the company merged with First Bank System to become U.S. Bancorp.

In 1999, the company was acquired by Firstar who chose to keep the U.S. Bancorp name. The company headquarters were moved to Minneapolis, MN.

In 2008, the company received $6.5 billion in US government bailout money. It repaid the loan in mid-2009 and was among the first banks to do so.

In 2009, the company acquired Fiduciary Management’s mutual fund division, First Citizens Bank’s bond division, BB&T Corp, and 9 subsidiary banks from FBOP.

The company began using a mobile phone app in 2010 and was one of the first banks to allow “deposit by photo” in 2012.

In 2011, the company acquired First Community Bank of New Mexico.

In 2012, the company acquired BankEast.

In October 2020, the company decided to close more than 7 Milwaukee branches and a full 20 percent of all Colorado branches due to a drop in profits during the 3rd quarter.

While bank stock prices in general have dropped significantly during 2020 due to the coronavirus, financial experts insist that these stocks are worth snatching up and holding on to.

Today, US Bank is the 5th largest bank in the US with more than 32,000 branches and almost 5,000 ATM’s.

US Bank

In 1997, the company merged with First Bank System to become U.S. Bancorp.

History

In 1999, the company was acquired by Firstar who chose to keep the U.S. Bancorp name. The company headquarters were moved to Minneapolis, MN.

In 2008, the company received $6.5 billion in US government bailout money. It repaid the loan in mid-2009 and was among the first banks to do so.

In 2009, the company acquired Fiduciary Management’s mutual fund division, First Citizens Bank’s bond division, BB&T Corp, and 9 subsidiary banks from FBOP.

The company began using a mobile phone app in 2010 and was one of the first banks to allow “deposit by photo” in 2012.

In 2011, the company acquired First Community Bank of New Mexico.

In 2012, the company acquired BankEast.

In October 2020, the company decided to close more than 7 Milwaukee branches and a full 20 percent of all Colorado branches due to a drop in profits during the 3rd quarter.

While bank stock prices in general have dropped significantly during 2020 due to the coronavirus, financial experts insist that these stocks are worth snatching up and holding on to.

Today, US Bank is the 5th largest bank in the US with more than 32,000 branches and almost 5,000 ATM’s.

Western Union Corporate Office

Western Union was founded in 1851 by Hiram Sibley as the New York and Mississippi Valley Telegraph Printing Company.

In 1855, Sibley merged with Ezra Cornell’s telegraph company to form Western Union.

In 1861, the first transcontinental telegraph was introduced.

In 1871, a money transfer service was launched.

In 1884, the company was one of the original 11 stocks in the Dow Jones Industrial Average.

In 1914, the first customer charge card is introduced.

In 1933, the first singing telegram is delivered.

In 1974, the company introduces the first commercial satellite in the world.

In 1980, the company’s money transfer business was more profitable than the telegram business for the 1st time

In 2001, the company had over 100,000 agent locations worldwide

In 2006, telegram service was discontinued.

Today, Western Union handles over 150 million consumer to consumer money transfers annually. They also handle over 250 million bill pay transactions annually.

Western Union

Western Union was founded in 1851 by Hiram Sibley as the New York and Mississippi Valley Telegraph Printing Company.

In 1855, Sibley merged with Ezra Cornell’s telegraph company to form Western Union.

In 1861, the first transcontinental telegraph was introduced.

History

In 1871, a money transfer service was launched.

In 1884, the company was one of the original 11 stocks in the Dow Jones Industrial Average.

In 1914, the first customer charge card is introduced.

In 1933, the first singing telegram is delivered.

In 1974, the company introduces the first commercial satellite in the world.

In 1980, the company’s money transfer business was more profitable than the telegram business for the 1st time

In 2001, the company had over 100,000 agent locations worldwide

In 2006, telegram service was discontinued.

Today, Western Union handles over 150 million consumer to consumer money transfers annually. They also handle over 250 million bill pay transactions annually.

M/I Homes Corporate Office

M/I Homes was founded in 1976 as M/I Schottenstein Homes by Irving and Melvin Schottenstein. Headquartered in Columbus, Ohio, the company has built more than 78,000 homes since its inception.

MI currently operates in Ohio (Columbus, Cincinnati, Dayton), Illinois (Chicago), Indiana (Indianapolis), Florida (Tampa, Orlando), North Carolina (Charlotte, Raleigh), Virginia, Maryland, and Texas.

M/I currently operates under three brands: M/I Homes, TriStone Homes, and Showcase Homes.

Besides homebuilding, the company has a large financial services division that originates and sells mortgages. They also sell title insurance and offer closing services.

In October 2022, the company sought approval for a large tract of residential homes near Gastonia, North Carolina.

M/I Homes is listed as one of the top 5 largest homebuilders in the USA.

M/I Homes

M/I Homes was founded in 1976 as M/I Schottenstein Homes by Irving and Melvin Schottenstein. Headquartered in Columbus, Ohio, the company has built more than 78,000 homes since its inception.

History

MI currently operates in Ohio (Columbus, Cincinnati, Dayton), Illinois (Chicago), Indiana (Indianapolis), Florida (Tampa, Orlando), North Carolina (Charlotte, Raleigh), Virginia, Maryland, and Texas.

M/I currently operates under three brands: M/I Homes, TriStone Homes, and Showcase Homes.

Besides homebuilding, the company has a large financial services division that originates and sells mortgages. They also sell title insurance and offer closing services.

In October 2022, the company sought approval for a large tract of residential homes near Gastonia, North Carolina.

M/I Homes is listed as one of the top 5 largest homebuilders in the USA.