National City Corporation - NCC- Profile

National City Corporation. The Group's principal activities are to provide commercial and retail banking, consumer finance, asset management, mortgage financing and payment processing services. The asset management includes both institutional asset and personal wealth management. The Group also provides home equity line of credit which consists of revolving lines of credit secured by residential real estate. Other consumer loans include instalment loans for automobiles, boats and recreational vehicles, student loans. The Group provides credit card services and insurance services also. The Group operates through 1,300 branch banking and 470 retail and wholesale mortgage offices throughout the United States. On 05-Jan-2007, it acquired Fidelity Bankshares, Inc. Provides banking and other financial services through 1,300 branch banking offices throughout the United States