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Sterling Bancorp was an American regional bank holding company that owned Sterling National Bank.It merged into Webster Bank in February 2022.. Prior to the Webster merger, Sterling National Bank provided a full range of banking and financial services to business owners, their families, and consumers, primarily in the greater New York metropolitan and Hudson Valley regions.
The credit union's name was changed from Hudson Valley Federal Credit Union to Hudson Valley Credit Union on October 4, 2019. [ 8 ] On January 10, 2024, HVCU announced that Catskill Hudson Bank would be merging its 7500 clients, 100 employees, and 11 branches into the credit union, expanding its reach to Sullivan County and the New York State ...
First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp) U.S. Bancorp: 1993 Banc One Corp. Valley National Bank of Arizona: Banc One Corp. JPMorgan Chase: 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
Bank failures can lead to acquisitions. In 2023, Silicon Valley Bank, Signature Bank and First Republic all failed as a result of customers pulling out their deposits – what is known as a run on ...
In July 2005, TD Banknorth announced that it had acquired Hudson United Bank, based in Mahwah, New Jersey. Hudson United had earlier acquired numerous regional banks. The acquisition significantly expanded TD Banknorth's presence in both Connecticut and New York and extended the franchise into northern New Jersey and Philadelphia as well. The ...
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Avidia Bank was formed as a result of a merger between Hudson Savings Bank and Westborough Bank. This merger arose from an agreement between Assabet Valley Bancorp, the parent of Hudson Savings Bank, and Westborough Financial Services Inc., the owner of Westborough Bank.