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Standard Federal Bank was a Troy, Michigan-based bank serving Michigan and Northern Indiana in the United States which was acquired by Bank of America on 5 May 2008. [1]In 2005, Standard Federal was the largest bank in Michigan based on number of retail branches (265), ATMs (more than 1,000) and deposits (US 23.3B, 15.06% market share); it ranked second in assets.
As a result of this merger, Standard Federal operated approximately 300 branches and 850 ATMs in the state of Michigan, more than any other financial institution in the state. It was the second-largest bank in Michigan as measured by assets. ON 12 September 2005, ABN AMRO consolidated its U.S. commercial banking operations under the LaSalle ...
Shortly thereafter it was renamed Capital Bank Tower, after the bank that Ransom Eli Olds helped form. The cornerstone was laid on November 14, 1929 [2] and the tower opened on April 6, 1931. [3] It became the Michigan National Bank Tower in 1954, and held that name until 2001 when Standard Federal Bank purchased Michigan National Bank. At the ...
In 1996, ABN AMRO acquired Troy, Michigan-based Standard Federal Bancorporation, the largest savings bank in the Midwest. In 2000, ABN AMRO acquired Michigan National Corporation of Bloomfield Hills and merged it into Standard Federal. The merged bank took the Standard Federal name, but operated under Michigan National's charter.
Fifth Third Bank: 2001 Standard Federal Bank: Michigan National Bank: Standard Federal Bank: Bank of America: 2001 FleetBoston Financial Corp. Summit Bancorp: FleetBoston Financial Corp. Bank of America: 2002 Citigroup: Golden State Bancorp: Citigroup: $5.8 billion Citigroup: 2002 Washington Mutual: Dime Bancorp, Inc. Washington Mutual ...
Standard Federal Bank: Standard Federal Bank sold ten northwest Ohio offices. Sky now has 205 financial centers and has #2 market share in Wood and Lucas counties. [15] June 7, 1999: Mahoning National Bancorp: Mahoning National was an $809 million bank holding company headquartered in Youngstown, Ohio that operated 20 banking offices in ...
The bank closed 37 branches in 2013 and another 33 in 2016. [11] In some locations, it replaced the full-service branches with ATMs. [12] In August 2019, the bank merged into Chemical Financial Corporation, which assumed the TCF name. [13] It was founded as Chemical State Savings Bank in 1917. [14]
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