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A partial list of major banking company mergers in the United States from 1900 to 2019, with the year, acquirer, acquired bank, merged entity, transaction value and ultimate successor. See the details of each merger and the historical context of the banking industry.
The bank also operated locations under the name BestBank. On Friday, May 5, 2017, as a result of bank failure, the bank was shut down by the Office of the Comptroller of the Currency. It was placed into receivership and the Federal Deposit Insurance Corporation was named receiver. The assets of the bank were sold to First Citizens BancShares.
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.
Guaranty Bank (d/b/a BestBank in Georgia and Michigan) Milwaukee: Wisconsin: May 5, 2017 First-Citizens Bank & Trust Company 13,000 6 Fayette County Bank St. Elmo: Illinois May 26, 2017 United Fidelity Bank FSB 34.4 7 The Farmers and Merchants State Bank of Argonia Argonia: Kansas: October 13, 2017 Conway Bank 34.2 8 Washington Federal Bank for ...
Chatham Phenix National Bank and Trust Company of New York; Chemical Bank; Chevy Chase Bank; Chinese American Bank; Chittenden Corporation; Citizens & Southern National Bank; Citizens Bank of Maryland; Citizens Bank of Northern California; Citizens National Bank (Laurel, Maryland) Citizens Republic Bancorp; Citizens Savings and Trust Company
Citizens Financial Group is an American bank holding company that owns Citizens Bank, N.A., operating in 11 states and Washington, DC. It was formerly a subsidiary of Royal Bank of Scotland and acquired several other banks, including Charter One and Citizens Republic.
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