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Encyclopedia > BancWest

Bank of the West is the fifth-largest general services bank headquartered in California. Image File history File links BankOfTheWestLogo. ... A bank is an institution that provides financial service, particularly taking deposits and extending credit. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  - Total  - Width  - Length  - % water  - Latitude  - Longitude Ranked 3rd 410,000 km² 402. ...


Bank of the West is a wholly-owned subsidiary of BNP Paribas with two principal subsidiaries: Bank of the West in the Western United States, and First Hawaiian Bank in Hawaii, Guam, and Saipan. Bank of the West is a sponsor of the annual Bank of The West Classic tennis tournament, A US Open Series Event. BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. ... Official language(s) Hawaiian and English Capital Honolulu Largest city Honolulu Area  - Total  - Width  - Length  - % water  - Latitude  - Longitude Ranked 43rd 28,337 km² n/a km 2,450 km 41. ... Saipan (IPA: in English) is the largest island and site of the capital of the United States Commonwealth of the Northern Mariana Islands, (a chain of 14 tropical islands in the western Pacific Ocean) with a total area of 120 km² (46. ... The United States Open tennis championships, commonly refered to as the U.S. Open (or as simply the Open in the U.S. only), is the fourth and final event of the Grand Slam tennis tournaments. ...

  • 1874: The Bank of the West began as Farmers National Gold Bank.
  • 1879: All national banknotes became redeemable in gold or silver and the bank changed its name to First National Bank of San Jose.
  • 1970: Banque Nationale de Paris (BNP) established French Bank of California.
  • 1970s: First National Bank of San Jose changed its name to Bank of the West.
  • 1979: BNP bought Bank of the West and merged in French Bank of California.
  • 1987: BW bought Bank of Los Gatos.
  • 1990: BW bought Central Banking Systems.
  • 1991: BW bought 30 branches in Northern California from failed Imperial Savings and Loan.
  • 1992: BW bought Atlantic Financial Federal Savings Bank from the Resolution Trust Corporation.
  • 1993: BW bought 15 branches in Northern California from Citibank.
  • 1995: BW bought NorthBay Savings Bank.
  • 1995: First Hawaiian (see below) established Pacific One Bank to hold 30 branches in Washington, Oregon and Idaho that it acquired from West One Bank.
  • 1997: BW bought branches from Bank of America and Coast Federal Bank.
  • 1998: BNP and First Hawaiian Inc., the parent of First Hawaiian Bank and Pacific One Bank, created a company under the BancWest Bancorp name to hold BW and First Hawaiian Bank, with BW absorbing Pacific One. The creation of BancWest Bancorp caused now BNP Paribas’ (BNPP) ownership of the holding company to fall to 45%. BNPP also agreed not to increase its ownership of the bank holding company before November 2001.
  • 1999: BW bought Sierra West Bancorp. This transaction temporarily diluted BNPP’s ownership of the holding company to 42%.
  • 2001: First Security Bancorp and Wells Fargo merged. To avoid antitrust issues, they sold First Securities’ branches in New Mexico and Wells Fargo’s branches in Nevada to BW.
  • 2001: First Hawaiian Bank bought Union Bank of California’s branches in Guam and Saipan. First Hawaiian had established its first branch in Guam in 1970 and its first branch in Saipan in 1997. (Union Bank of California had established its branch in Guam in 1974.)
  • May 2001: The independent directors of BancWest Bancorp established a Special Committee that then unanimously voted to accept BNPP’s offer to acquire the remaining 55% of BancWest Bancorp, making the holding company a wholly-owned subsidiary of BNPP.
  • Dec. 2001: BW bought United California Bank from UFJ Bank, of Japan.
  • Mar. 2004: BW agreed to buy USDB Bancorp, parent of Union Safe Deposit Bank. Earlier it announced the purchase of Community First Bankshares, a bank holding company that operates Community First National Bank, which has 155 offices in 12 states -- Arizona, California, Colorado, Iowa, Minnesota, Nebraska, New Mexico, North Dakota, South Dakota, Utah, Wisconsin and Wyoming.
  • Dec. 2005: BW bought Commercial Federal Corporation of Omaha, Nebraska. This merger added offices in Arizona, Colorado, Iowa, Kansas, Missouri, Nebraska, and Oklahoma to Bank of the West.
Bank of The West Classic
Bank of The West Classic

The Union Safe Deposit Bank was founded in Stockton, California, United States in April 1897. ... Image File history File links Stanford. ... Image File history File links Stanford. ...

External link

  • Bank of the West
  • Bank of The West Classic


 

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