List_of_bank_mergers
List of bank mergers
From Sterwiki
This is a list of some of the major banking company mergers since 1950 in the U.S.
Date
Acquirer
Acquired bank
Name of merged entity
1954
Chemical Bank & Trust Co.
Corn Exchange Bank & Trust Co.
Chemical 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. (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 New York Corp. (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.
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.
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
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.
2004
J.P. Morgan Chase & Co.
Bank One
JPMorgan Chase & Co.
2004
Crédit Agricole
Crédit Lyonnais
Calyon
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 (http://www.federalreserve.gov/pubs/staffstudies/1990-99/ss169.pdf))
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 (http://www.federalreserve.gov/pubs/staffstudies/2000-present/ss176.pdf))
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