EXCHANGE NATIONAL BANK OF CHICAGO MEDAL

1972

caption:
Obverse:             Above, a portion of the U.S. flag.  Below, a portion of the seven branched candelabra.  In the center, in Hebrew “Exchange National Bank of Chicago, the first American Bank in Israel 5730”.

  • EXCHANGE NATIONAL BANK OF CHICAGO MEDAL
  • EXCHANGE NATIONAL BANK OF CHICAGO MEDAL

Identifer: CJF - RFC2013156

Medium
-

Topics
In honor of Jewish/Israeli Banks & Financial Institutions

Description
The Exchange National Bank of Chicago was established in 1926 and was the first American Bank to open a branch in Israel.  The Bank was opened in Tel Aviv in 1970.

The decision was made in order to support American investment in Israel, especially for other American banks to involve themselves without significant risk. It also opened to serve Americans living and working in Israel who needed the services of an American banking institution.
However, about a decade later, in 1982, the bank closed and merged with LaSalle Bank National Association.
 
This medal was issued for the exclusive use of the Exchange National Bank, Chicago, U.S.A.
 
This medal was issued in various sizes and quantities as follows:
 
Bronze/Tombac                59 mm                  2,476 minted
Bronze/Tombac                45 mm                  5 minted             
Silver/936                            59 mm                  505 minted
Silver/935                            45 mm                  1,505 minted
Gold                                      45 mm                  25 minted

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