PROSPECT HEIGHTS, Ill. -- Household International Inc. said its consumer banking and mortgage subsidiary agreed to buy 26 Chicago-area branches of First Nationwide Bank.

Household, which did not disclose terms of the purchase, is buying the offices from First Madison Bank, a thrift company that recently agreed to acquire the assets and liabilities of First Nationwide from Ford Motor Co.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.