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Encyclopedia > List of bank mergers

This is a list of some of the major banking company mergers since 1930 in the U.S. A bank is an institution that provides financial service, particularly taking deposits and extending credit. ... 1930 (MCMXXX) is a common year starting on Wednesday. ... ...

Date Acquirer Acquired bank Name of merged entity Price tag
1930 Chase National Bank Equitable Trust Chase National Bank
1954 Chemical Bank & Trust Co. Corn Exchange Bank & Trust Co. Chemical Corn Exhange Bank & Trust Co.
1955 National City Bank of New York First National Bank of New York First National City Bank
1955 Bank of the Manhattan Co. Chase National Bank Chase Manhattan Bank
1955 Bankers Trust Co. Public National Bank & Trust Co. Bankers Trust Co.
1961 Manufacturers Trust Co. Hanover Bank Manufacturers Hanover Bank
1983 BankAmerica Corp. Seafirst Corp. (Seattle-First National Bank) BankAmerica Corp. (Seafirst banks operated as Seafirst until after 1995)
1984 Chase Manhattan Corp. Lincoln First Bank Chase Manhattan Corp. (most of former Lincoln First Bank operated at Chase Lincoln First)
1985 Bank of Boston Corp. Colonial Bank Bank of Boston Corp.
1985 Bank of Boston Corp. Rhode Island Hospital Trust National Bank Bank of Boston Corp.
1985 Bank of New England Corp. The Connecticut Bank and Trust Co. Bank of New England Corp.
1986 Sovran Financial Corp. Suburban Bank Sovran Financial Corp.
1986 Security Pacific Corp. The Arizona Bank Security Pacific Corp.
1986 Wells Fargo Corp. Crocker National Bank Wells Fargo Corp. (combined California bank uses Crocker's charter)
1987 Chemical New York Corp. Texas Commerce Bank Chemical Banking Corporation (TX banks continued to operate as Texas Commerce)
1987 RepublicBank Corp. Interfirst Corp. First Republic Bank Corp.
1987 Security Pacific Corp. Rainier National Bank Security Pacific Corp. (banks in Pacific NW continued to operate as Rainier)
1987 Sovran Financial Corp. Commerce Union Bank Sovran Financial Corp.
1987 U.S. Bancorp Peoples National Bank of Washington U.S. Bancorp
1987 Fleet Financial Group, Inc. Norstar Bank Fleet/Norstar Financial Group, Inc.
1987 First Union Corp. Atlantic National Bank of Florida First Union
1988 Bank of New York Irving Bank Corp. Bank of New York
1988 Shawmut Corp. Hartford National Corp. Shawmut National Corp.
1988 Shawmut Corp. Arlington Trust Co. Shawmut National Corp.
1988 First Bank System, Inc. Central Bank of Denver First Bank System, Inc. (Colo. banks never became First Bank due to name conflict)
1988 Wells Fargo Corp. Barclay's Bank of California Wells Fargo Corp.
1988 Security Pacific Corp. The Hibernia Bank Security Pacific Corp.
1988 Credit Suisse The First Boston Corporation CS First Boston (later Credit Suisse First Boston) ?
1990 CoreStates Financial Corp. First Pennsylvania Bank CoreStates Financial Corp.
1990 First Union Corp. Florida National Bank First Union Corp.
1990 Citizens & Southern Sovran Corp. Avantar Financial Corp. (or C&S/Sovran?)
1991 Fleet/Norstar Financial Group, Inc. Bank of New England Fleet/Norstar Financial Group, Inc.
1991 Chemical Banking Corp. Manufacturers Hanover Bank Chemical Banking Corp.
1991 NCNB Corp. C&S/Sovran Corp. NationsBank Corp.
1991 Norwest Corp. United Bank of Denver Norwest Corp.
1991 Wachovia Corp. The South Carolina National Bank Wachovia Corp.
1991 Society Corp. Ameritrust Corp. Society Corp.
1992 BankAmerica Corp. Security Pacific BankAmerica Corp.
1992 Keycorp Puget Sound National Bank Keycorp
1992 Barnett Banks, Inc. First Florida Bank Barnett Banks, Inc.
1992 Comerica, Inc. Manufacturers Bank Comerica
1993 First Bank System, Inc. Colorado National Bank First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp)
1993 Banc One Corp. The Valley National Bank of Arizona Banc One Corp.
1993 Bank of Boston Corp. South Shore Bank Bank of Boston Corp.
1993 First Union Corp. Dominion Bank First Union Corp.
1993 First Union Corp. First American Bankcorp First Union Corp.
1993 NationsBank Corp. Maryland National Bank NationsBank Corp.
1993 NationsBank Corp. American Security Bank NationsBank Corp.
1994 Keycorp Society Corp. Keycorp
1994 BankAmerica Corp. Continental Illinois National Bank BankAmerica Corp.
1995 Chemical Banking Corp. Chase Manhattan Corp. Chase Manhattan Corp.
1995 First Chicago Corp. NBD Bancorp, Inc. First Chicago NBD Corp.
1995 Southern National Corp. BB&T Financial Corp. BB&T Corp.
1995 Fleet Financial Group, Inc. Shawmut National Corporation Fleet Financial Group, Inc.
1996 Wells Fargo Corp. First Interstate Bancorp Wells Fargo Corp.
1996 CoreStates Financial Corp. Meridian Bancorp, Inc. CoreStates Financial Corp.
1996 Bank of Boston Corp. BayBanks, Inc. BankBoston Corp.
1996 First Union Corp. First Fidelity Bancorporation First Union Corp.
1996 First Union Corp. Center Financial Corporation(CenterBank) First Union Corp.
1996 Fleet Financial Group, Inc. National Westminster Bancorp Fleet Financial Group, Inc.
1997 First Bank System, Inc. U.S. Bancorp U.S. Bancorp
1997 NationsBank Corp. Boatmen's Bancshares, Inc. NationsBank Corp.
1997 Washington Mutual, Inc. Great Western Financial Corporation Washington Mutual, Inc.
1997 First Union Corp. Signet Banking Corp. First Union Corp.
1998 NationsBank Corp. Barnett Banks, Inc. NationsBank Corp.
1998 First Union Corp. CoreStates Financial Corp. First Union Corp.
1998 NationsBank Corp. BankAmerica Corp. Bank of America Corp.
1998 Golden State Bancorp, Inc. First Nationwide Holdings, Inc. Golden State Bancorp, Inc.
1998 Norwest Corp. Wells Fargo & Co. Wells Fargo & Co.
1998 Star Banc Corp. Firstar Holdings Corp. Firstar Corp.
1998 Banc One Corp. First Chicago NBD Corp. Bank One Corp.
1998 Travelers Group Citicorp Citigroup
1998 SunTrust Banks, Inc. Crestar Financial Corp. SunTrust Banks, Inc.
1998 Washington Mutual, Inc. H.F. Ahmanson & Co. Washington Mutual, Inc.
1999 Fleet Financial Corp. BankBoston Corp. FleetBoston Financial Corp.
1999 Deutsche Bank AG Bankers Trust Corp. Deutsche Bank AG
1999 HSBC Holdings, plc Republic New York Corporation HSBC Holdings, plc
1999 Firstar Corp. Mercantile Bancorporation, Inc. Firstar Corp.
2000 Chase Manhattan Corp. J.P. Morgan & Co. Inc. J.P. Morgan Chase & Co.
2000 Wells Fargo & Co. First Security Corp. Wells Fargo & Co.
2001 Firstar Corp. U.S. Bancorp U.S. Bancorp
2001 First Union Corp. Wachovia Corp. Wachovia Corp.
2001 Fifth Third Bancorp Old Kent Financial Corp. Fifth Third Bancorp
2001 FleetBoston Financial Corp. Summit Bancorp FleetBoston Financial Corp.
2002 Citigroup Inc. Golden State Bancorp, Inc. Citigroup Inc.
2002 Washington Mutual, Inc. Dime Bancorp, Inc. Washington Mutual, Inc.
2003 BB&T Corp. First Virginia Banks, Inc. BB&T Corp.
2003 Den norske Bank ASA Gjensidige NOR Sparebank ASA DnB NOR Bank ASA
2004 Bank of America Corp. FleetBoston Financial Corp. Bank of America Corp. $47 billion
2004 J.P. Morgan Chase & Co. Bank One JPMorgan Chase & Co.
2004 Crédit Agricole Crédit Lyonnais Crédit Agricole (investment bank subsidiary named Calyon)
2005 Banco Popular Quaker City Bank Banco Popular
2005 Regions Bank Union Planters Regions Bank

1930 (MCMXXX) is a common year starting on Wednesday. ... The Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. ... 1954 (MCMLIV) was a common year starting on Friday of the Gregorian calendar. ... The Chemical Banking Corporation was a bank holding company formed as parent of Chemical Bank, which had been founded in 1824. ... 1955 (MCMLV) was a common year starting on Saturday of the Gregorian calendar. ... The Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. ... 1961 (MCMLXI) was a common year starting on Sunday (link will take you to calendar). ... Manufacturers Hanover Trust Company was a bank. ... 1983 (MCMLXXXIII) is a common year starting on Saturday of the Gregorian calendar. ... Bank of America (BofA) NYSE: BAC, based in Charlotte, North Carolina, is the third largest commercial bank in the United States of America, measured in assets. ... This page is about the year 1984. ... This article is about the year. ... 1986 (MCMLXXXVI) is a common year starting on Wednesday of the Gregorian calendar. ... Security Pacific National Bank was a large bank headquartered in Los Angeles, California. ... This article reads like an advertisement. ... Crocker National Bank was where Scott Adams worked at his first years in the business world. ... 1987 (MCMLXXXVII) is a common year starting on Thursday of the Gregorian calendar. ... The Texas Commerce Bank was a bank. ... The Chemical Banking Corporation was a bank holding company formed as parent of Chemical Bank, which had been founded in 1824. ... U.S. Bancorp (NYSE: USB) is a financial services holding company, headquartered in Minneapolis, Minnesota. ... First Union Corporation was a large banking chain based in Charlotte, North Carolina. ... 1988 (MCMLXXXVIII) is a leap year starting on a Friday of the Gregorian calendar. ... The Bank of New York NYSE: BK The Bank of New York is a global Financial services company operating in five primary business areas: Securities Servicing and Global Payment Services Private Client Services and Asset Management Corporate Banking Global Market Services Retail Banking (in the states of New York, New... Irving Trust was a big bank, headquartered in New York. ... The Bank of New York NYSE: BK The Bank of New York is a global Financial services company operating in five primary business areas: Securities Servicing and Global Payment Services Private Client Services and Asset Management Corporate Banking Global Market Services Retail Banking (in the states of New York, New... Wells Fargo (NYSE: WFC) is a diversified financial services company in the United States, with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean. ... Credit Suisse First Boston (CSFB) is an investment banking and financial services firm. ... For the Temptations album, see 1990 (Temptations album) MCMXC redirects here; for the Enigma album, see MCMXC a. ... 1991 (MCMXCI) is a common year starting on Tuesday of the Gregorian calendar. ... The Chemical Banking Corporation was a bank holding company formed as parent of Chemical Bank, which had been founded in 1824. ... Manufacturers Hanover Trust Company was a bank. ... The Chemical Banking Corporation was a bank holding company formed as parent of Chemical Bank, which had been founded in 1824. ... The Norwest Corporation was a large bank corporation in Minneapolis with offices in many states until, after buying Wells Fargo of San Francisco in 1998, it changed its own name to Wells Fargo and moved its headquarters to San Francisco in 2000. ... Wachovia Corporation NYSE: WB, based in Charlotte, North Carolina is one of the largest banking chains in the United States. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ... Comerica Incorporated NYSE: CMA is a financial services company headquartered in Detroit. ... 1993 (MCMXCIII) is a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... Bank One, based in Chicago, Illinois, was the sixth-largest bank in the United States. ... First Union Corporation was a large banking chain based in Charlotte, North Carolina. ... NationsBank was a large banking corporation in the United States, based in Charlotte, North Carolina. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... The BB&T Corporation (NYSE: BBT) is one of Americas ten largest banks. ... 1996 (MCMXCVI) is a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... Wells Fargo (NYSE: WFC) is a diversified financial services company in the United States, with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean. ... 1997 (MCMXCVII) is a common year starting on Wednesday of the Gregorian calendar. ... Despite its name, Washington Mutual NYSE: WM is a stock financial services company based in Seattle, Washington. ... 1998(MCMXCVIII) is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... NationsBank was a large banking corporation in the United States, based in Charlotte, North Carolina. ... Bank of America (BofA) NYSE: BAC, based in Charlotte, North Carolina, is the third largest commercial bank in the United States of America, measured in assets. ... Wells Fargo (NYSE: WFC) is a diversified financial services company in the United States, with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean. ... Citigroup Inc. ... Citibank was founded in 1812 as City Bank of New York. ... This article needs to be cleaned up to conform to a higher standard of quality. ... SunTrust Banks, Inc. ... SunTrust Banks, Inc. ... 1999 (MCMXCIX) is a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. ... Deutsche Bank AG NYSE: DB (German for German Bank) is a multinational bank operating worldwide and employing almost 70,000 people (2004). ... The Bankers Trust is a historic US banking organisation that was merged with Deutsche Bank in 1998, but continues to operate under that name. ... This article needs to be cleaned up to conform to a higher standard of quality. ... This article needs to be cleaned up to conform to a higher standard of quality. ... This article is about the year 2000. ... The Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. ... J.P. Morgan Chase & Co. ... JPMorgan Chase & Co. ... Wells Fargo (NYSE: WFC) is a diversified financial services company in the United States, with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean. ... 2001: A Space Odyssey. ... U.S. Bancorp (NYSE: USB) is a financial services holding company, headquartered in Minneapolis, Minnesota. ... Wachovia Corporation NYSE: WB, based in Charlotte, North Carolina is one of the largest banking chains in the United States. ... Fifth Third Bank (5/3 Bank) is a U.S. regional banking corporation, headquartered in Cincinnati, Ohio. ... Fifth Third Bank (5/3 Bank) is a U.S. regional banking corporation, headquartered in Cincinnati, Ohio. ... FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. ... FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. ... 2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ... This article needs to be cleaned up to conform to a higher standard of quality. ... Citigroup Inc. ... 2003 (MMIII) is a common year starting on Wednesday of the Gregorian calendar. ... The BB&T Corporation (NYSE: BBT) is one of Americas ten largest banks. ... The BB&T Corporation (NYSE: BBT) is one of Americas ten largest banks. ... 2003 (MMIII) is a common year starting on Wednesday of the Gregorian calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Bank of America (BofA) (NYSE: BAC) is the largest bank in the United States of America, in terms of deposits. ... FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. ... Bank of America (BofA) (NYSE: BAC) is the largest bank in the United States of America, in terms of deposits. ... JPMorgan Chase & Co. ... Bank One, based in Chicago, Illinois, was the sixth-largest bank in the United States. ... JPMorgan Chase & Co. ... Crédit Agricole is the largest banking group in France and in Europe and is the fourth largest in the world. ... Crédit Lyonnais is a French bank. ... Crédit Agricole is the largest banking group in France and in Europe and is the fourth largest in the world. ... Calyon (Official name :Calyon Corporate and Investment Bank) is the corporate and investment banking subsidiary of the Crédit Agricole (CA) banking group, serving clients both in its core market in France and abroad. ... 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ... This article is about a Puerto Rican bank. ... 1920: Mutual Building and Loan Association was established in a small office on Philadelphia Street in Whittier, California, the first institution devoted exclusively to encouraging thrift and making home loans. ... This article is about a Puerto Rican bank. ... 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ...

References

  • Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980-1994," Washington: Board of Governors of the Federal Reserve System, January 1996. (Staff study 169)
  • Steven J. Pilloff, "Bank Merger Activity in the United States, 1994-2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176)

  Results from FactBites:
 
Bank - Wikipedia, the free encyclopedia (1844 words)
Banking licenses are granted by financial supervision authorities and provide rights to conduct the most fundamental banking services such as accepting deposits and making loans.
Central banks usually control monetary policy and may be the lender of last resort in the event of a crisis.
Bank reserves are typically kept in the form of a deposit with a central bank.
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