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The Trust Company of America was a large company in New York City. Founded on May 23, 1899 in Albany, New York, [1] its founding president was Ashbel P. Fitch and it was initially located in the Singer Building in Manhattan's Financial District. [1] In 1907 the company absorbed the Colonial Trust Company, a commercial bank. [2]
On April 12, 1905, it was reported that the City Trust, the North American Trust, and the Trust Company of America were merging in the near future, in what the Times called "the most important trust company consolidation of recent years." It was announced the new company would be named the Trust Company of America, with capital of $2 million, a ...
Continental Bank and Trust Company: Continental Bank and Trust Company: JPMorgan Chase: 1932 [14] Chatham Phenix National Bank and Trust Company: Manufacturers Trust: Manufacturers Trust: JPMorgan Chase: 1932 Berks County Trust Company: Colonial-Northeastern Trust Company: Berks County Trust Company (1964 as American Bank and Trust Co or ...
Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. [1] It operated independently until 2000, when it was acquired by Charles Schwab, and Co. [2] and subsequently sold to, and became a subsidiary of, Bank of America in 2007. [3]
When he retired from the Trust Company of America, Thorne spent $500,000 purchasing the Corporation Trust Company of New Jersey. [2] He explained he made the purchase to provide employment to the men who had stood by him during the 1907 run on the bank, as many of them lost their jobs when the Trust Company of America merged with the Equitable ...
Trustco Bank (abbreviation of TrustCo Bank Corp. NY) is a commercial bank within the United States. Trustco was founded in Schenectady, New York in 1902 and is headquartered in Glenville, New York . Trustco has 145 branches spread among New York , Florida , Massachusetts , New Jersey , and Vermont .
Bank of America building in Atlanta was for years owned by NationsBank. In 1998, it acquired BankAmerica Corporation of San Francisco in what was the largest bank merger in American history at the time. Although NationsBank was the nominal survivor, the merged bank took the better-known Bank of America name, and operates under Bank of America's ...
Bankers Trust logo c. 1919. In 1903 a group of New York national banks formed trust company Bankers Trust to provide trust services to customers of state and national banks throughout the country on the premise that it would not lure commercial bank customers away. [2]
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