Bank One
Chicago-based Bank One Corporation serves over 50 million consumers
nationwide and holds approximately $270 billion in assets. Bank
One is a part of the new JPMorgan Chase created in July of 2004.
JPMorgan Chase has assets of approximately $1.1 trillion and operates
in more than 50 countries. The bank lobbied to pass legislation
that would allow it to move its charter to Illinois without being
constrained by the limits on fees that Illinois laws impose. Bank
One withdrew from the Illinois Bankers Association because the IBA
did not offer sufficient support for its legislation. Bank One then
joined the Illinois Manufacturers Association, which endorsed the
Bank One bill.
Bank One is a career patron of Treasurer Judy Baar Topinka (R).
From 1993 through June 30, 2003, Bank One gave $731,000 to candidates
for Illinois statewide constitutional and legislative office, 58%
of which was contributed to Republicans.
Last revised June, 2005.
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