List_of_bank_mergers_in_United_States

List of bank mergers in the United States

List of bank mergers in the United States

Add article description

This is a partial list of major banking company mergers in the United States.

Table

More information Year merger closed, Acquirer ...

Mergers chart

Chart of U.S. bank mergers

This 2012 chart shows some of the mergers noted above. Solid arrows point from the acquiring bank to the acquired one. The lines are labeled with the year of the deal and color-coded from blue (older) to red (newer). Dotted arrows point to the final merged entity.

References

  1. [1]
    "Trust Companies Combine; International Banking and Trust to Unite with North American". The New York Times. New York City, New York, United States. April 4, 1900. p. 11. Retrieved July 12, 2017.
  2. [2]
    "Which bank is the oldest? Accounts vary - The Boston Globe". BostonGlobe.com. Retrieved May 23, 2018.
  3. [3]
    "To Merge Trust Companies; Three Concerns with $50,000,000 in Deposits to Unite". The New York Times. New York City, New York, United States. April 12, 1905. p. 1. Retrieved July 12, 2017.
  4. [4]
    "Oriental Bank Merged", The New York Times, New York City, p. 6, February 19, 1909, retrieved January 19, 2017
  5. [5]
    Staff (February 17, 1911). "Phenix National 188; This Price Fixed by Committee for Merger with Chatham National". The New York Times. p. 14. Retrieved February 16, 2017.
  6. [6]
    "Banking and Financial Notes". The Bankers Magazine. Vol. 86. Bradford-Rhodes & Company. 1913. p. 403.
  7. [7]
    "Mutual Alliance Takes Over Bank; National Reserve Office Will Continue as Branch of Trust Company.", The New York Times, New York City, p. 12, January 28, 1914, retrieved January 19, 2017
  8. [8]
    "$32,000,000 Merger of Banks Effected; Sum Represents Deposits of Chatham-Phenix National and Alliance Trust. Terms Not Made Public - Century Takes Over Branches -- $10,400,000 of Assets Moved After Business Hours.", The New York Times, New York City, p. 5, January 15, 1915, retrieved January 20, 2017
  9. [9]
    ""Fidelity-Philadelphia Trust Company" acquired". World Banking. 56. 1966.
  10. [10]
    "Merging of Delaware National with Security Epochal Event". Wilmington, Delaware. The Sunday Morning Star. December 1, 1929. p. 1. Retrieved October 10, 2013.
  11. [11]
    "Bank of North America | Encyclopedia of Greater Philadelphia". philadelphiaencyclopedia.org. Retrieved May 23, 2018.
  12. [12]
    Baum, Ryan (April 16, 2010). "Bank of North America: America's first bank". Guided By History. Wells Fargo. Archived from the original on October 19, 2013. Retrieved October 17, 2013.
  13. [13]
    "History of CoreStates Financial Corp – FundingUniverse". www.fundinguniverse.com. Retrieved May 23, 2018.
  14. [14]
    Staff (March 11, 1942). "L. G. Kaufman Dies; Ex-Banker Here, 69". The New York Times. p. 19. Retrieved February 16, 2017.
  15. [15]
    "Wilmington Trust Corporation History". Company Profiles. FundingUniverse. Retrieved November 26, 2013.
  16. [16]
    "Announcing Equitable Security Trust Company" (Press release). The Sunday Star. November 2, 1952. Retrieved November 22, 2013.
  17. [17]
    "Bank Notes". New York Times. February 9, 1952. ProQuest 112375971. Retrieved August 16, 2020.
  18. [18]
    Annual Report of the Comptroller of the Currency To Congress. Comptroller of the Currency. 1956. Retrieved October 15, 2013.
  19. [19]
    "State Backs Plan For Bank Merger". New York Times. December 10, 1964. ProQuest 115918173. Retrieved August 16, 2020.
  20. [20]
    "Notice of Proposed Bank Merger". Press and Sun-Bulletin. Binghamton, New York. October 30, 1975. Retrieved August 16, 2020.
  21. [21]
    Fix, Janet L. (August 1, 1987). "N.j. Bank To Acquire Fidelcor $1.34 Billion Deal Is Biggest Merger". Philadelphia. Philadelphia Inquirer. Retrieved October 15, 2013.
  22. [22]
    Berg, Eric N. (August 1, 1987). "$1.34 Billion Banking Merger Set: First Fidelity to Swap Stock for Fidelcor". The New York Times. Retrieved June 22, 2020.
  23. [23]
    "Corporate History". pnc.com. PNC. 2012. Retrieved November 25, 2013.
  24. [24]
    "Michigan firm to buy Gainer for $134 million". Northwest Indiana Times.
  25. [25]
    Robert Hurtado (December 24, 1991). "Rate Cuts Push Dow Over 3,000". The New York Times.
  26. [26]
    "FIRST FIDELITY ACQUIRES ATLANTIC FINANCIAL'S 29 OFFICES IN PHILADELPHIA AREA AND $991 MILLION IN DEPOSITS" (Press release). First Fidelity via PR Newswire. November 15, 1991. Retrieved October 15, 2013.
  27. [27]
    "NBD Bancorp Plans $900-Million Purchase". The Los Angeles Times. March 19, 1992.
  28. [28]
    "NBD SIGNS DEAL TO BUY AMERIFED". Chicago Tribune.
  29. [29]
    Knox, Andrea and Andrew Cassell (April 19, 1995). "Phila. Becomes A Second Home For First Fidelity; Corestates Was The Only Major Bank Headquartered Here. Now, It Has Company From Newark, N.j." Philadelphia. Philadelphia Inquirer. Retrieved October 15, 2013.
  30. [30]
    "NBD BOLSTERS ITS SUBURBAN STATURE WITH DEERBANK DEAL". Chicago Tribune.
  31. [31]
    "First Chicago and NBD to Merge as Banks Scurry to Grow". New York Times. July 13, 1995.
  32. [32]
    "Wells Fargo - 1999 News Releases". Archived from the original on March 19, 2006. Retrieved May 5, 2012.
  33. [33]
    "SunTrust to buy National Commerce Financial". Atlanta Business Chronicle. May 9, 2004.
  34. [34]
    Barbash, Fred (July 16, 2004). "Riggs Bank Sold to PNC Financial Services Group". Washington Post.
  35. [35]
    Capital One Financial Corporation (November 16, 2005). "Capital One Completes Acquisition of Hibernia Corporation".
  36. [36]
    "Wachovia Corporation To Acquire Westcorp And WFS Financial Inc In $3.91 Billion Transaction" (Press release). Wachovia. September 12, 2005. Archived from the original on January 14, 2006. Retrieved March 6, 2007.
  37. [37]
    Capital One Financial Corporation (December 1, 2006). "Capital One Completes Acquisition of North Fork Bancorporation".
  38. [38]
    Wachovia Corporation (May 7, 2006). "Wachovia to Acquire Golden West Financial".
  39. [39]
    Guerrera, Francesco; Sender, Henny (March 16, 2008). "JPMorgan to buy Bear Stearns for $236m". Financial Times. Retrieved December 9, 2018.
  40. [40]
    David Ellis (October 3, 2008). "Wachovia: Wells in, Citi out". CNN Money.
  41. [41]
    Eric Dash and Andrew Ross Sorkin (September 26, 2008). "Government Seizes WaMu and Sells Some Assets". New York Times.
  42. [42]
    Boye, Will (August 31, 2007). "First Charter buy gives Fifth Third hold in South". Business Courier of Cincinnati. Retrieved May 10, 2010.
  43. [43]
    Dan Fitzpatrick, David Enrich and Damian Paletta (October 25, 2008). "PNC Buys National City in Bank Shakeout". The Wall Street Journal.
  44. [44]
    Matthias Rieker (June 17, 2011). "Capital One Wins ING Direct USA". The Wall Street Journal.
  45. [45]
    Sabatini, Patricia (June 1, 2021). "PNC completes takeover of BBVA USA, making the Pittsburgh bank the fifth-largest in the country". Pittsburghe Post-Gazette. Archived from the original on June 3, 2021. Retrieved October 18, 2021.
  46. [46]
    "Canada's TD Bank eyes further U.S. expansion with $1.3 billion Cowen purchase". CNBC. August 2, 2022. Retrieved August 3, 2022.

Citations

  • Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980–1994," Washington: Board of Governors of the Federal Reanuary 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)
  • Institute of Mergers, Acquisitions and Alliances (MANDA) M&A An academic research institute on mergers & acquisitions, including bank mergers
  • Mellon Merger, The New York Times, April 7, 1983
Share this article:

This article uses material from the Wikipedia article List_of_bank_mergers_in_United_States, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.