Theodoric C. Severance, formerly of the Fireman's Insurance Company, organized The City Bank of Cleveland. The city's only bank at the time, opened its doors to the public at No. 52 Superior Street. National City Corporation was one of the principal players in the Dawes Plan to rebuild Germany in the post WWI period, contributing $173,000,000 in loans. Part of which included a $30,000,000 insurance on the securities of Allgemeine Elektrizitäts-Gesellschaft (A.E.G.), aka German General Electric, and $35,000,000 to American I.G. Chemical (I.G. Farben). In April 1973, National City Corporation was formed as the holding company for the National City Bank of Cleveland to allow the company to expand outside of Cuyahoga County through the purchase of other banks. In February 1992, National City announced that all member banks would change over to operate under the National City name within three years. Until this time, all acquired banks had continued to operate under the same name that they were using at the time of their acquisition. This change would allow a unified brand through the company and simplify advertising. Expansion in Ohio In February 1975, National City Corp. announced that it was seeking to acquire the assets of the failed Northern Ohio Bank from the Federal Deposit Insurance Corporation. The acquisition was completed by March 1975. In March 1975, National City Corp. announced that it was acquiring the Cleveland-based Bank of Cleveland for an undisclosed amount. The acquisition was completed in January 1976. In December 1975, National City Corp. announced that it was acquiring the Elyria-based First National Bank of Elyria for $4.6 million in cash. The acquisition was completed in August 1976. In April 1977, National City Corp. announced that it was acquiring the Dayton-based First National Bank of Dayton for $40 million. In July 1979, National City Corp. announced that it was acquiring the Norwalk-based Huron County Banking Company for an undisclosed price. The acquisition was completed in May 1979. In September 1981, National City Corp. announced that it was acquiring the Akron-based Goodyear Bank for an undisclosed price. In December 1981, National City Corp. announced that it was acquiring the Toledo-based Ohio Citizens Bancorp for $64 million in cash and notes. In March 1984, National City Corp. announced that it was acquiring the Columbus-based BancOhio Bancorp for $310 million in stock and cash. In May 1986, the troubled Cleveland-based Broadview Savings & Loan Company announced that it