List Of Bank Mergers In The United States
This is a partial list of many of the major banking company mergers since 1930 in the United States.
Year Merger closed | Acquirer | Acquired bank | Name of merged entity | Transaction Value | Ultimate Successor |
---|---|---|---|---|---|
1930 | Chase National Bank | Equitable Trust Co. of NY | Chase National Bank | JPMorgan Chase & Co. | |
1930 | Chase National Bank | Interstate Trust Co. | Chase National Bank | JPMorgan Chase & Co. | |
1948 | Chemical Bank & Trust Co. | Continental Bank & Trust Co. of NY | Chemical Bank & Trust Co. | JPMorgan Chase & Co. | |
1951 | Chemical Bank & Trust Co. | National Safety Bank & Trust Co. of NY | Chemical Bank & Trust Co. | JPMorgan Chase & Co. | |
1954 | Chemical Bank & Trust Co. | Corn Exchange Bank & Trust Co. | Chemical Corn Exchange Bank | JPMorgan Chase & Co. | |
1955 | National City Bank of New York | First National Bank of New York | First National City Bank | Citigroup | |
1955 | Bank of the Manhattan Co. | Chase National Bank | Chase Manhattan Bank | JPMorgan Chase & Co. | |
1955 | Bankers Trust | Public National Bank & Trust Co. | Bankers Trust | Deutsche Bank | |
1956 | Citizens and Southern National Bank of South Carolina | Growers Bank and Trust | Citizens and Southern National Bank of South Carolina | Bank of America | |
1957 | Commercial National Bank | American Trust Co. | American Commercial Bank | Bank of America | |
1957 | Chase Manhattan Bank | Staten Island National Bank & Trust Co. of NY | Chase Manhattan Bank | JPMorgan Chase & Co. | |
1959 | Chase Manhattan Bank | Clinton Trust Company | Chase Manhattan Bank | JPMorgan Chase & Co. | |
1959 | Chemical Corn Exchange Bank | New York Trust Co. | Chemical Bank New York Trust Co. | JPMorgan Chase & Co. | |
1961 | J. P. Morgan & Co. | Guaranty Trust Co. of NY | Morgan Guaranty Trust Co. of NY | JPMorgan Chase & Co. | |
1960 | American Commercial Bank | North Carolina National Bank | North Carolina National Bank | Bank of America | |
1961 | Manufacturers Trust Co. | Hanover Bank | Manufacturers Hanover Bank | JPMorgan Chase & Co. | |
1963 | Chemical Bank New York Trust Co. | Bank of Rockville Centre Trust Co. | Chemical Bank New York Trust Co. | JPMorgan Chase & Co. | |
1964 | Chemical Bank New York Trust Co. | First National Bank of Mount Vernon | Chemical Bank New York Trust Co. | JPMorgan Chase & Co. | |
1964 | Chemical Bank New York Trust Co. | Bensonhurst National Bank of Brooklyn | Chemical Bank New York Trust Co. | JPMorgan Chase & Co. | |
1975 | Chemical Bank New York Trust Co. | Security National Bank | Chemical Bank New York Trust Co. | JPMorgan Chase & Co. | |
1983 | Mellon National Corp. | Girard Bank | Mellon National | Bank of New York Mellon | |
1983 | BankAmerica Corp. | Seafirst Bank | BankAmerica Corp. (Seafirst banks operated as Seafirst until 1998) | Bank of America | |
1984 | Chase Manhattan Corporation | Lincoln First Bank | Chase Manhattan Corporation (Chase Lincoln First until 1993) | JPMorgan Chase & Co. | |
1985 | Bank of Boston Corp. | Colonial Bank | Bank of Boston Corp. | Bank of America | |
1985 | Bank of Boston Corp. | Rhode Island Hospital Trust National Bank | Bank of Boston Corp. | Bank of America | |
1985 | Bank of New England Corp. | The Connecticut Bank and Trust Co. | Bank of New England Corp. | Bank of America | |
1985 | Citizens and Southern Georgia Corporation | Citizens and Southern National Bank of South Carolina | Citizens & Southern National Bank | Bank of America | |
1985 | Trust Company of Georgia | SunBanks, Inc. | SunTrust Banks | SunTrust Banks | |
1985 | Signet Banking Corporation | Union Trust Bancorp | Signet Banking Corporation | Wells Fargo | |
1986 | Signet Banking Corporation | Security National Corp. | Signet Banking Corporation | Wells Fargo | |
1986 | Sovran Financial Corp. | Suburban Bank | Sovran Financial Corp. | Bank of America | |
1985 | SunTrust Banks | Third National Corporation | SunTrust Banks | SunTrust Banks | |
1986 | Security Pacific Corp. | The Arizona Bank | Security Pacific Corp. | Bank of America | |
1986 | Wells Fargo Corp. | Crocker National Bank | Wells Fargo Corp. (combined California bank uses Crocker's charter) | Wells Fargo | |
1987 | Chemical Bank New York Trust Co. | Texas Commerce Bank | Chemical Banking Corporation (TX banks continued to operate as Texas Commerce) | $1.2 Billion | JPMorgan Chase & Co. |
1987 | The Fidelity Bank (Fidelcor) | First Fidelity Bank | First Fidelity Bank | $1.34 Billion-largest ever at the time | Wells Fargo |
1987 | RepublicBank Corp. | Interfirst Corp. | First Republic Bank Corporation | Bank of America | |
1987 | Security Pacific Corp. | Rainier National Bank | Security Pacific Corp. (banks in Pacific NW continued to operate as Rainier) | Bank of America | |
1987 | Sovran Financial Corp. | Commerce Union Bank | Sovran Financial Corp. | Bank of America | |
1987 | U.S. Bancorp | Peoples National Bank of Washington | U.S. Bancorp | U.S. Bancorp | |
1987 | Fleet Financial Group, Inc. | Norstar Bank | Fleet/Norstar Financial Group, Inc. | Bank of America | |
1987 | First Union Corp. | Atlantic National Bank of Florida | First Union | Wells Fargo | |
1988 | Bank of New York | Irving Trust Company | Bank of New York | Bank of New York Mellon | |
1988 | Shawmut Corp. | Hartford National Corp. | Shawmut National Corp. | Bank of America | |
1988 | Shawmut Corp. | Arlington Trust Co. | Shawmut National Corp. | Bank of America | |
1988 | First Bank System, Inc. | Central Bank of Denver | First Bank System, Inc. (Colo. banks never became First Bank due to name conflict) | U.S. Bancorp | |
1988 | Wells Fargo Corp. | Barclays Bank of California, a subsidiary of Barclays plc | Wells Fargo Corp. | Wells Fargo | |
1988 | Security Pacific Corp. | The Hibernia Bank | Security Pacific Corp. | Bank of America | |
1988 | Credit Suisse | The First Boston Corporation | CS First Boston (later Credit Suisse First Boston) | Credit Suisse | |
1988 | North Carolina National Bank | First Republic Bank Corporation | North Carolina National Bank | Bank of America | |
1989 | Boatmen's Bancshares | Centerre Bank | Boatmen's Bancshares | Bank of America | |
1989 | Security Pacific Corp. | Nevada National Bancorporation | Security Pacific Corp. | Bank of America | |
1989 | Union Planters Bank | Magna Bank (Missouri) | Union Planters Bank | Regions Financial | |
1990 | CoreStates Financial Corp. | First Pennsylvania Bank | CoreStates Financial Corp. | Wells Fargo | |
1990 | First Union Corporation | Florida National Bank | First Union Corporation | Wells Fargo | |
1990 | Citizens & Southern National Bank | Sovran Financial Corp. | C&S/Sovran Corp. | Bank of America | |
1991 | Fleet/Norstar Financial Group, Inc. | Bank of New England | Fleet/Norstar Financial Group, Inc. | Bank of America | |
1991 | North Carolina National Bank | C&S/Sovran Corp. | NationsBank Corp. | Bank of America | |
1991 | Norwest Corp. | United Bank of Denver | Norwest Corp. | Wells Fargo | |
1991 | Wachovia | The South Carolina National Bank | Wachovia | Wells Fargo | |
1991 | First Union Corporation | Southeast Banking Corporation | First Union Corporation | Wells Fargo | |
1991 | NBD Bancorp | Summcorp | NBD Bank | $323 million | JPMorgan Chase & Co. |
1991 | Society Corp. | Ameritrust Corp. | Society Corp. | KeyBank | |
1991 | Signet Banking Corporation | Madison National Bank | Signet Banking Corporation | Wells Fargo | |
1992 | BankAmerica Corp. | Security Pacific Corp. | BankAmerica Corp. | Bank of America | |
1992 | Keycorp | Puget Sound National Bank | Keycorp | KeyBank | |
1992 | Barnett Banks, Inc. | First Florida Bank | Barnett Banks, Inc. | Bank of America | |
1992 | Comerica, Inc. | Manufacturers Bank | Comerica | Comerica | |
1992 | NBD Bancorp | INB Financial Corp. | NBD Bancorp | $876 million | JPMorgan Chase & Co. |
1992 | Chemical Bank | Manufacturers Hanover Trust Company | Chemical Bank | JPMorgan Chase & Co. | |
1993 | First Bank System, Inc. | Colorado National Bank | First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp) | U.S. Bancorp | |
1993 | Banc One Corp. | The Valley National Bank of Arizona | Banc One Corp. | JPMorgan Chase & Co. | |
1993 | Bank of Boston Corp. | South Shore Bank, Mechanics Bank, First Agricultural | Bank of Boston Corp. | Bank of America | |
1993 | First Union Corporation | Dominion Bank | First Union Corporation | Wells Fargo | |
1993 | First Union Corporation | First American Bankcorp | First Union Corporation | Wells Fargo | |
1993 | NationsBank Corp. | Maryland National Bank | NationsBank Corp. | Bank of America | |
1993 | NationsBank Corp. | American Security Bank | NationsBank Corp. | Bank of America | |
1994 | Society Corp. | Keycorp | Keycorp | KeyBank | |
1994 | Signet Banking Corporation | Pioneer Financial Corp. | Signet Banking Corporation | Wells Fargo | |
1994 | BankAmerica Corp. | Continental Illinois National Bank | BankAmerica Corp. | Bank of America | |
1995 | NBD Bancorp | Deerbank Corp. | NBD Bank | $120 million | JPMorgan Chase & Co. |
1995 | First Chicago Bank | NBD Bank | First Chicago NBD | JPMorgan Chase & Co. | |
1995 | BB&T Corporation | Southern National Corp. | BB&T Corporation | BB&T | |
1995 | Fleet Financial Group, Inc. | Shawmut National Corp. | Fleet Financial Group, Inc. | Bank of America | |
1996 | Wells Fargo Corp. | First Interstate Bancorp | Wells Fargo Corp. | Wells Fargo | |
1996 | Union Bank | Bank of California | Union Bank of California | $25 billion | Union Bank N.A. |
1996 | Chemical Banking Corp. | Chase Manhattan Corporation | Chase Manhattan Corporation | JPMorgan Chase & Co. | |
1996 | CoreStates Financial Corp. | Meridian Bancorp, Inc. | CoreStates Financial Corp. | Wells Fargo | |
1996 | Bank of Boston Corp. | BayBanks, Inc. | BankBoston Corp. | Bank of America | |
1996 | First Union Corporation | First Fidelity Bank | First Union Corporation | Wells Fargo | |
1996 | First Union Corporation | Center Financial Corporation(CenterBank) | First Union Corporation | Wells Fargo | |
1996 | Fleet Financial Group, Inc. | National Westminster Bancorp, a subsidiary of National Westminster Bank | Fleet Financial Group, Inc. | Bank of America | |
1996 | Crestar Financial Corp. | Citizens Bancorp (Laurel, MD) | Crestar Financial Corp. | SunTrust Banks | |
1997 | U.S. Bancorp | First Bank System, Inc. | U.S. Bancorp | U.S. Bancorp | |
1997 | NationsBank Corp. | Boatmen's Bancshares | NationsBank Corp. | $9.6 Billion | Bank of America |
1997 | Washington Mutual | Great Western Financial Corporation | Washington Mutual | JPMorgan Chase & Co. | |
1997 | First Union Corporation | Signet Banking Corporation | First Union Corporation | Wells Fargo | |
1997 | National City Corp. | First of America Bank | National City Corp. | PNC Financial Services | |
1997 | Banc One Corp. | First USA | Bank One Corp. | JPMorgan Chase & Co. | |
1997 | First Nationwide Bank | California Federal Bank | California Federal Bank | $1.2 billion, 1st Nationwide rebranded as "Cal Fed." | Citibank |
1998 | NationsBank Corp. | Barnett Banks, Inc. | NationsBank Corp. | Bank of America | |
1998 | First Union Corporation | CoreStates Financial Corp. | First Union Corporation | Wells Fargo | |
1998 | NationsBank Corp. | BankAmerica Corp. | Bank of America Corp. | Bank of America | |
1998 | Golden State Bancorp | First Nationwide Holdings, Inc. | Golden State Bancorp | $5.8 billion | Citigroup |
1998 | Norwest Corp | Wells Fargo Corp. | Wells Fargo Corp. | Wells Fargo | |
1998 | Star Banc Corp. | Firstar Holdings Corp. | Firstar Corporation | U.S. Bancorp | |
1998 | Banc One Corp. | First Chicago NBD | Bank One Corp. | JPMorgan Chase & Co. | |
1998 | Banc One Corp. | First Commerce Corp. | Bank One Corp. | JPMorgan Chase & Co. | |
1998 | Travelers Group | Citicorp | Citigroup | $140 Billion | Citigroup |
1998 | SunTrust Bank | Crestar Financial Corp. | SunTrust Banks, Inc. | SunTrust Banks | |
1998 | Washington Mutual | H.F. Ahmanson & Co. | Washington Mutual | JPMorgan Chase & Co. | |
1999 | Fleet Financial Corp. | BankBoston Corp. | FleetBoston Financial Corp. | Bank of America | |
1999 | Deutsche Bank AG | Bankers Trust Corp. | Deutsche Bank AG | Deutsche Bank | |
1999 | HSBC Holdings plc | Republic New York Corporation | HSBC Bank USA | HSBC Bank USA | |
1999 | Firstar Corporation | Mercantile Bancorporation, Inc. | Firstar Corporation | U.S. Bancorp | |
1999 | AmSouth Bancorporation | First American National Bank | AmSouth Bancorporation | $6.3 Billion | Regions Financial |
2000 | Chase Manhattan Corporation | J.P. Morgan & Co. Inc. | J.P. Morgan Chase & Co. | JPMorgan Chase & Co. | |
2000 | Washington Mutual | Bank United Corp. | Washington Mutual | $1.5 Billion | JPMorgan Chase & Co. |
2000 | Wells Fargo & Co. | First Security Corp. | Wells Fargo & Co. | Wells Fargo | |
2000 | UBS AG | Paine Webber | UBS AG | UBS AG | |
2001 | Firstar Corporation | U.S. Bancorp | U.S. Bancorp | U.S. Bancorp | |
2001 | First Union Corp. | Wachovia | Wachovia | Wells Fargo | |
2001 | Fifth Third Bancorp | Old Kent Financial Corp. | Fifth Third Bancorp | Fifth Third Bank | |
2001 | Standard Federal Bank | Michigan National Bank | Standard Federal Bank | Bank of America | |
2001 | FleetBoston Financial Corp. | Summit Bancorp | FleetBoston Financial Corp. | Bank of America | |
2002 | Citigroup | Golden State Bancorp | Citigroup | $5.8 billion | Citigroup |
2002 | Washington Mutual | Dime Bancorp, Inc. | Washington Mutual | JPMorgan Chase & Co. | |
2002 | HSBC Holdings plc | Household International, Inc. | HSBC Bank USA | HSBC Bank USA | |
2003 | BB&T Corp. | 1st Virginia Banks, Inc. | BB&T Corp. | BB&T | |
2003 | M&T Bank | Allfirst Bank | M&T Bank | M&T Bank | |
2004 | New Haven Savings Bank | Savings Bank of Manchester, Tolland Bank | NewAlliance Bank | NewAlliance Bank | |
2004 | North Fork Bancorporation Inc. | The Trust Company of New Jersey | North Fork Bancorporation Inc. | $726 Million | Capital One Financial |
2004 | Bank of America Corp. | FleetBoston Financial Corp. | Bank of America Corp. | $47 Billion | Bank of America |
2004 | J.P. Morgan Chase & Co. | Bank One | JPMorgan Chase & Co. | JPMorgan Chase & Co. | |
2004 | Banco Popular | Quaker City Bank | Banco Popular | Banco Popular | |
2004 | Regions Financial Corporation | Union Planters Corporation | Regions Financial Corporation | $5.9 Billion | Regions Financial |
2004 | SunTrust | National Commerce Financial | SunTrust | $6.98 Billion | SunTrust Banks |
2004 | Wachovia | SouthTrust | Wachovia | $14.3 Billion | Wells Fargo |
2005 | PNC Bank | Riggs Bank | PNC Bank | $0.78 billion | PNC Financial Services |
2005 | Capital One Financial Corporation | Hibernia National Bank | Capital One Financial Corporation | $4.9 Billion | Capital One Financial |
2005 | Bank of America | MBNA Corporation | Bank of America Card Services | $35 Billion | Bank of America |
2006 | Wachovia | Westcorp Inc. (holding company for WFS Financial Inc and Western Financial Bank) | Wachovia | $3.91 Billion | Wells Fargo |
2006 | NewAlliance Bank | Cornerstone Bank | NewAlliance Bank | NewAlliance Bank | |
2006 | Capital One Financial Corporation | North Fork Bank | Capital One Financial Corporation | $13.2 Billion | Capital One Financial |
2006 | Wachovia | Golden West Financial | Wachovia | $25 Billion | Wells Fargo |
2006 | Regions Financial Corporation | AmSouth Bancorporation | Regions Financial Corporation | $10 Billion | Regions Financial |
2007 | Citizens Banking Corporation | Republic Bancorp | Citizens Republic Bancorp | $1.048 Billion | Citizens Republic Bancorp |
2007 | Banco Bilbao Vizcaya Argentaria USA | Compass Bancshares | BBVA Compass | $9.8 Billion | BBVA Compass |
2007 | Bank of America | LaSalle Bank | Bank of America | $21 Billion | Bank of America |
2007 | State Street Corporation | Investors Financial Services Corporation | State Street Corporation | $4.2 Billion | State Street Corporation |
2007 | Bank of New York | Mellon Financial Corporation | Bank of New York Mellon | $18.3 Billion | Bank of New York Mellon |
2007 | Wachovia | World Savings Bank | Wachovia | $25 Billion | Wells Fargo |
2007 | Bank of America | U.S. Trust Corporation | Bank of America Private Wealth Management | Bank of America | |
2007 | M&T Bank | Partners Trust Financial Group | M&T Bank | M&T Bank | |
2008 | TD Banknorth | Commerce Bancorp | TD Bank | $8.5 Billion | TD Bank |
2008 | JPMorgan Chase | Bear Stearns | JPMorgan Chase | $1.1 Billion | JPMorgan Chase & Co. |
2008 | Bank of America | Merrill Lynch | Bank of America | $50 Billion | Bank of America |
2008 | Wells Fargo | Wachovia | Wells Fargo | $15.1 Billion | Wells Fargo |
2008 | JPMorgan Chase | Washington Mutual | JPMorgan Chase | $1.9 Billion | JPMorgan Chase & Co. |
2008 | Fifth Third Bank | First Charter Bank | Fifth Third Bank | $1.1 billion | Fifth Third Bank |
2008 | PNC Financial Services | National City Corp. | PNC Financial Services | $5.08 billion | PNC Financial Services |
2008 | U.S. Bancorp | Downey Savings and Loan | U.S. Bancorp | U.S. Bancorp | |
2009 | M&T Bank | Provident Bank of Maryland | M&T Bank | M&T Bank | |
2009 | M&T Bank | Bradford Bank | M&T Bank | M&T Bank | |
2011 | M&T Bank | Wilmington Trust | M&T Bank | M&T Bank | |
2011 | Capital One | ING Direct USA | Capital One | $9 billion | Capital One |
2012 | PNC Financial Services | RBC Bank | PNC Financial Services | $3.45 billion | PNC Financial Services |
Read more about List Of Bank Mergers In The United States: Mergers Diagram
Famous quotes containing the words list of, united states, list, bank, united and/or states:
“Loves boat has been shattered against the life of everyday. You and I are quits, and its useless to draw up a list of mutual hurts, sorrows, and pains.”
—Vladimir Mayakovsky (18931930)
“So here they are, the dog-faced soldiers, the regulars, the fifty-cents-a-day professionals riding the outposts of the nation, from Fort Reno to Fort Apache, from Sheridan to Stark. They were all the same. Men in dirty-shirt blue and only a cold page in the history books to mark their passing. But wherever they rode and whatever they fought for, that place became the United States.”
—Frank S. Nugent (19081965)
“The advice of their elders to young men is very apt to be as unreal as a list of the hundred best books.”
—Oliver Wendell Holmes, Jr. (18411935)
“Denouement to denouement, he took a personal pride in the
certain, certain way he lived his own, private life,
but nevertheless, they shut off his gas; nevertheless,
the bank foreclosed; nevertheless, the landlord called;
nevertheless, the radio broke,
And twelve oclock arrived just once too often,”
—Kenneth Fearing (19021961)
“I thought it altogether proper that I should take a brief furlough from official duties at Washington to mingle with you here to-day as a comrade, because every President of the United States must realize that the strength of the Government, its defence in war, the army that is to muster under its banner when our Nation is assailed, is to be found here in the masses of our people.”
—Benjamin Harrison (18331901)
“Perhaps anxious politicians may prove that only seventeen white men and five negroes were concerned in the late enterprise; but their very anxiety to prove this might suggest to themselves that all is not told. Why do they still dodge the truth? They are so anxious because of a dim consciousness of the fact, which they do not distinctly face, that at least a million of the free inhabitants of the United States would have rejoiced if it had succeeded. They at most only criticise the tactics.”
—Henry David Thoreau (18171862)