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Firstar Corporation was a Milwaukee, Wisconsin-based regional bank holding company that existed from 1853 to 2001. In 2001, Firstar acquired U.S. Bancorp and assumed its name, moving its headquarters to Minneapolis .
Mercantile Bancorporation was the largest bank holding company in Missouri when it was acquired by Firstar Corporation in 1999. [1] The Mercantile Bank of St. Louis was founded in St. Louis, Missouri, in 1850. In 1996, its chief executive Thomas H. Jacobsen began a series of acquisitions, increasing its assets from $15.9 billion to $35.8 ...
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)
Star Banc Corporation was a Cincinnati, Ohio-based regional bank holding company that acquired Firstar in 1998 and took the Firstar name; the merged bank acquired U.S. Bancorp in 2001 and took the U.S. Bancorp name. The company can trace its origins back to 1863 when it was first founded as the First National Bank of Cincinnati.
Roger Fitzsimonds was the chairman and CEO of Firstar Corporation (now US Bancorp) from 1986 to 1999.He joined the then First Wisconsin National Bank of Milwaukee in 1964 as a management trainee and managerial and administrative positions in branches in Milwaukee and Green Bay afterwards.
Moffett holds a bachelor's degree from the University of Oklahoma and an MBA from Southern Methodist University. He joined Star Banc Corporation in 1993 as CFO, from Bank of America . He became CFO of Firstar Corporation when Firstar merged with Star Banc in 1998. [ 3 ]
Mercantile Bank was then acquired by Firstar Bank in 1999, which also had branches in Dubuque. When this happened, Firstar evaluated the local branches in Dubuque. It closed several branches, both from the Mercantile Bank chain and some existing Firstar Bank branches. When Firstar merged with US Bancorp, the two banks became known as US Bank.
Under Davis' leadership, U.S. Bank earned the 2011 Spirit of America Award, the highest honor bestowed upon a company by United Way. [15] U.S. Bancorp was awarded the 2013 Freedom Award, the highest recognition given by the U.S. Department of Defense to employers for their support of employees who serve in the National Guard and Reserve. [16]