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Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980–1994," Washington: Board of Governors of the Federal Reanuary 1996. ( Staff study 169 ) Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004.
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets). [2]
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.
On Feb. 19, Capital One announced that it’s acquiring Discover Financial Services for $35.3 billion which, if approved, would make it the fifth largest U.S. bank. As of last December, Capital ...
List of banks acquired or bankrupted during the Great Recession. This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance ...
TCF Financial Corporation, an acronym for Twin City Federal, was a bank holding company based in Detroit, Michigan. Its operating subsidiary, TCF Bank, operated 478 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Ohio, and South Dakota. [1] It also operated specialty lending and leasing businesses in all 50 states, Canada, New ...
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
Website. www.wafdbank.com. Footnotes / references. [3] Washington Federal Bank (doing business as WaFd Bank) is an American bank based in Seattle, Washington. It operates over 200 branches throughout Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. [4] WaFd Bank is the 63rd largest bank in the United States.