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In 1996, in conjunction with the acquisition of First NH Bank, the Bank of Ireland gained a 23.5% stake in Citizens, which RBS then acquired two years later to resume 100% ownership. In 1999, Citizens acquired the United States Trust Company of Boston and the retail banking business of State Street Corporation , significantly increasing its ...
Berks County Trust Company. Wyomissing Valley Bank, Temple State Bank, Mount Penn Trust Company, Reamstown Exchange Bank, Schuylkill Trust Company. Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp) Wells Fargo. 1964. National Bank of Commerce. Texas National Bank.
First Citizens BancShares, Inc. First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 ...
Here are some of the biggest bank mergers and acquisitions in American history. ... First Citizens. CIT Bank. $2.2 billion. June 9, 2021. Huntington. TCF. $6 billion. Dec. 9, 2019.
Citizens Bank branch in Ypsilanti, Michigan. Citizens Republic Bancorp was a bank holding company for Citizens Bank, headquartered in Flint, Michigan. It merged with FirstMerit Bank in June 2013. It operated 219 branches and 248 ATMs in Michigan, Wisconsin, and Ohio. [4][5] FirstMerit merged with Huntington Bancshares in 2016.
In April 2022, Citizens Bank completed the acquisition of 80 branches from HSBC in New York City, New Jersey, Pennsylvania, Washington, D.C., Maryland, Virginia, and Florida. [16] HSBC's 10 West Coast branches are expected to be sold to Cathay Bank. 35-40 branches are expected to be closed entirely rather than be sold to another bank.
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]
Investors Bank was a publicly traded, full-service bank that was based in Short Hills, New Jersey, USA. The bank operated over 150 branches across New Jersey and New York. [3] The bank operated from 1926 until 2022 as an independent entity, then was purchased by Citizens Financial Group. Investors Bank continued to operate as a subsidiary of ...