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It reorganized as a holding company, United Virginia Bankshares, in 1971, which changed its name to Crestar Financial Corporation in 1987. [ 2 ] In 1991, the bank acquired $527 million in deposits of Heritage Savings Bank for $2.35 million after it was seized by the Resolution Trust Corporation during the savings and loan crisis .
Old National Bank: United Bank & Trust: Old National Bank: $173 million Old National Bank: 2015 M&T Bank: Hudson City Bancorp: M&T Bank: $3.7 Billion M&T Bank: 2016 Huntington Bancshares: FirstMerit Bank Huntington Bancshares $3.4 billion Huntington Bancshares 2016 Key Bank: First Niagara Financial: $4.1 Billion KeyBank: 2017 Canadian Imperial ...
Crestar was founded in 1865 as State Planters Bank of Commerce and Trusts in 1865, becoming United Virginia Bank in 1969 and Crestar in 1987. [13] Crestar's (and SunTrust's) earliest predecessor, Farmers Bank of Alexandria, was founded in 1811. [14] In 1988, Suntrust was added to the S&P 500 Stock Price Index. [14]
Here are some of the biggest bank mergers and acquisitions in American history. ... M&T Bank. People’s United. $8.3 billion. Jan. 4, 2022. First Citizens. CIT Bank. $2.2 billion. June 9, 2021.
A United Bank branch in Clarendon, Arlington, Virginia. United Bankshares, Inc. is a bank holding company dual-headquartered in Charleston, West Virginia and Fairfax, Virginia with operations in West Virginia, Virginia, the District of Columbia, Maryland, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia in the United States. [2]
The two banks operate five locations locally between them.
DUNMORE — Four Peoples Security Bank & Trust branches in Lackawanna and Luzerne counties closed following the merger of Scranton-based Peoples Financial Services Corp. and Dunmore-based FNCB ...
Sovran Bank was a regional bank that operated in Virginia between 1983 and 1990. It was the primary subsidiary of Sovran Financial Corporation, a bank holding company.It was formed from the 1983 merger of First & Merchants Bank of and Virginia National Bankshares, both of which could trace back their history to the 1860s. [1]