Chase Insurance Life Co history

The company was founded in 1968 and is headquartered in New York, NY.“

In 1969, Chemical Bank unveiled its cash machine, the precursor to the ATM. The ATM, the Automated Teller Machine, made banking on the go possible with the swipe of a card.

In 1970 Bank One forerunner City National Bank installs ATMs in its branches, making Columbus, Ohio, a major test market for the machines.

Technological improvements to the ATM and added functionality, such as making deposits and transfers, are rolled out beginning in 1971.

The card is soon renamed Uni-Card and in 1972 joins the national BankAmericard System, the precursor to Visa.

In 1974, David Rockefeller, chairman of Chase Manhattan Bank, establishes the Chase Manhattan Bank Archives in an effort to preserve the legacy of his firm.

In 1991, Manufacturers Hanover Corp. merged with Chemical Banking Corp., under the name of Chemical Banking Corp., then the second-largest banking institution in the United States.

In 1995, First Chicago Corp. merged with NBD Bancorp., forming First Chicago NBD, the largest banking institution based in the Midwest.

In 1996, The Chase Manhattan Corp. merged with Chemical Banking Corp., under the name of The Chase Manhattan Corp., creating what was then the largest bank holding company in the United States.

In 1998, Banc One Corp. merged with First Chicago NBD, under the name of Bank One Corp.

Although the original design featured multiple colors and patterns, in 2004 the solid blue octagon was adopted.

In 2008, JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally.

In 2010, J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove, one of Britain’s premier investment banks.”

Building on its original investment, the firm expands the program in 2018 with a new five-year $350-million commitment.