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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.
Map of People's United branches as of March 2013. People's United Financial, Inc., was an American bank holding company that owned People's United Bank. [1] The bank operated 403 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire. [1]
The shareholders of Peoples Financial Services Corp. and FNCB Bancorp Inc., the bank holding companies of Peoples and FNCB Bank, respectively, approved the merger of the companies during special ...
Here are some of the biggest bank mergers and acquisitions in American history. ... M&T Bank. People’s United. $8.3 billion. Jan. 4, 2022. First Citizens. CIT Bank. $2.2 billion. June 9, 2021.
2013: Rockville Bank and United Bank announced plans for a merger of equals, a combined Bank to be led by William H.W. Crawford, IV, CEO. 2014: Rockville was the legal acquirer of United, completed the acquisition of United and immediately changed its name to United Financial Bancorp, Inc. Rockville Bank changed its name to United Bank at that ...
In 1981, Portland Savings declared a loss and recognized a pressing need for consolidation in the local banking market. The following year Portland and People's arranged a merger, and the new bank adopted the People's name. In 1984, People's and Heritage merged as Peoples Heritage, a billion dollar institution with Wes Bonney as the first ...
JPMorgan Chase is marking the 20th anniversary of Bank One merger that created a banking giant and today is the largest private employer in Columbus.
A "merger of equals" created Centura Banks. Inc. in 1990. [7] The name Centura came from Glenn Monigle & Associates Inc. of Denver, Colorado.When the two banks' chiefs, Dick Futrell of Planters and Mauldin of Peoples, announced the deal January 16, 1990, they said in a statement, "This is probably the most logical bank merger in North Carolina history."