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In early April, both Bank Corporations' shareholders approved the merger. [6] On April 12, 2013, FirstMerit Corporation closed the acquisition of company which will operate as of April 13 as "Citizens Bank, now part of FirstMerit Bank." [7] The banks owned by Citizens Republic Bancorp were officially renamed FirstMerit Bank on June 13, 2013. [8]
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. Including predecessor Bank of North America, the first bank in the United States
In 2003, it was renamed 1st Mariner Arena for Baltimore-based 1st Mariner Bank, which purchased naming rights to the arena for 10 years. When this naming rights agreement ended in 2013, the arena returned to its "Baltimore Arena" name until convenience store chain Royal Farms purchased the naming rights in September 2014; [ 2 ] the arena was ...
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
First Union bought the Newark, N.J., bank for $5.4 billion — the biggest U.S. bank acquisition at the time. In 1997, the dealmaker bragged about the technique he used to buy Signet Banking Corp ...
In March 1987, First Wisconsin announced the pending acquisition of the Northbrook-based North Shore Bancorp Inc. with its Bank of the North Shore subsidiary for $6.16 million. [ 22 ] In August 1992, Firstar announced the pending acquisition of the Deerfield -based DSB Corporation with its Deerfield State Bank subsidiary for an undisclosed ...
First Interstate Bancorp was a bank holding company based in the United States.Headquartered in Los Angeles, it was the nation's eighth largest banking company. [1]Although First Interstate Bancorp was taken over by Wells Fargo in 1996, the name (along with the company logo) has continued to be used in the banking world by First Interstate BancSystem, who has been using the name under a ...