COMPANY·HISTORIES
SIC 6021

National Commercial Bank

How the companies in this industry began, and the forces that shaped them.

47companies1803–1991founding years47still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedCoreStates Financial Corp
1803
FoundedRiggs National Corporation
1836
FoundedGrupo Financiero Serfin, S.A.
1864
FoundedWest One Bancorp
1867
FoundedSouthtrust Corporation
1887
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedBankAmerica Corporation
1904
1914
EconomyWorld War I begins; global trade reorders.
FoundedThe Yasuda Trust and Banking Company, Limited
1925
FoundedBeneficial CorporationFoundedWachovia Bank of South Carolina, N.A.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedNBD Bancorp, Inc.
1933
1939
EconomyWorld War II begins; wartime production surges.
FoundedBanco Itaú S.A.
1944
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
FoundedWhitney Holding Corporation
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedDeposit Guaranty Corporation
1968
FoundedKeyCorp
1970
FoundedFirst of America Bank Corporation
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedRepublic New York Corporation
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
FoundedCullen/Frost Bankers, Inc.
1977
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedSunTrust Banks Inc.
1985
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

First Fidelity Bank, N.A., New Jersey →
Active
First Fidelity Bank is regarded as one of the most stable and reliable financial institutions in the United States.
CoreStates Financial Corp →
Active · founded 1803
CoreStates Financial Corp is a major, Philadelphia-based regional bank holding company whose basic banking services are…
Old National Bancorp →
Active · founded 1834
Old National Bancorp (ONB) is the largest bank holding company in Indiana, providing a variety of general banking and…
Riggs National Corporation →
Active · founded 1836
The Riggs National Corporation operates a leading bank in Washington, D.C.
National City Corp. →
Active · founded 1845
With more than $32 billion in assets and over 600 branch offices in Ohio, Kentucky, and Indiana, National City Corp.
Boatmen's Bancshares Inc. →
Active · founded 1847
Boatmen's Bancshares Inc.
Grupo Financiero Serfin, S.A. →
Active · founded 1864 · Mexico
Grupo Financiero Serfin, S.A.
HSBC Holdings plc →
Active · founded 1865 · United Kingdom
A significant force in international banking, HSBC Holdings plc (also referred to as the HSBC Group) operates in some…
West One Bancorp →
Active · founded 1867
West One Bancorp is Idaho's oldest and largest banking concern; with more than 200 offices in Idaho, Washington,…
The Royal Bank of Canada →
Active · founded 1869 · Canada
The Royal Bank of Canada is Canada's largest financial institution.
Seattle First National Bank Inc. →
Active · founded 1887
Seattle First National Bank Inc., the oldest bank in Seattle, operates the largest community banking network in…
Southtrust Corporation →
Active · founded 1887
The SouthTrust Corporation is a multi-bank holding company with operations in six southeastern states.
Northern Trust Company →
Active · founded 1889
Not as large as Chase Manhattan, nor as well known as J.
BankAmerica Corporation →
Active · founded 1904
When BankAmerica merged with Security Pacific Corporation in 1992, it became the nation's second-largest bank.
Huntington Bancshares Inc. →
Active · founded 1905
Huntington Bancshares Inc.
Banco Espírito Santo e Comercial de Lisboa S.A. →
Active · founded 1920 · Portugal
With total assets of US$15.6 billion, Banco Espírito Santo e Comercial de Lisboa S.A.
The Yasuda Trust and Banking Company, Limited →
Active · founded 1925 · Japan
Since establishing its first overseas branch some two decades ago, Yasuda Trust and its subsidiaries have been actively…
First Security Corporation →
Active · founded 1928
First Security Corporation, the oldest multistate bank holding company in the United States, operated 245 full-service…
Beneficial Corporation →
Active · founded 1929
Beneficial Corporation is one of the oldest and largest consumer finance companies in the United States.
First Bank System Inc. →
Active · founded 1929
First Bank System Inc.
Wachovia Bank of Georgia, N.A. →
Active · founded 1929
A leader in Southern banking, Wachovia Bank of Georgia, N.A.
Wachovia Bank of South Carolina, N.A. →
Active · founded 1929
Wachovia Bank of South Carolina, N.A.
Barnett Banks, Inc. →
Active · founded 1930
In 1993 Business Week magazine called Barnett Banks, Inc., "Florida's most dynamic bank." Jacksonville-based Barnett…
Casco Northern Bank →
Active · founded 1933
Known as "The Bank of Maine," Casco Northern Bank has over $1 billion in assets and many offices throughout the state…
NBD Bancorp, Inc. →
Active · founded 1933
NBD Bancorp, Inc.
Crédit National S.A. →
Active · founded 1942 · France
Crédit National S.A.
Banco Itaú S.A. →
Active · founded 1944 · Brazil
Headquartered in Brazil's financial capital of Sao Paulo, Banco Itaú S.A.
Society Corporation →
Active · founded 1958
Headquartered in Cleveland, Ohio, Society Corporation is one of the fastest-growing and most innovative bank holding…
Signet Banking Corporation →
Active · founded 1962
Signet Banking Corporation is a registered multi-bank, multi-state holding company with 24-hour telebanking, 240…
Whitney Holding Corporation →
Active · founded 1962
Whitney Holding Corporation, with headquarters in New Orleans, is a bank holding company with combined assets totaling…
Chemical Banking Corporation →
Active · founded 1968
The Chemical Banking Corporation, a multibillion dollar bank holding company, began as a division of a New York City…
Deposit Guaranty Corporation →
Active · founded 1968
Deposit Guaranty Corporation (DGC) is a bank holding company formed in 1968 to provide its predecessor and principal…
Fourth Financial Corporation →
Active · founded 1968
Fourth Financial Corporation is the largest bank holding company in Kansas.
First Empire State Corporation →
Active · founded 1969
A major banking force in New York State, First Empire State Corporation is the holding company for two primary banking…
KeyCorp →
Active · founded 1970 · United States
KeyCorp is one of the national's 30 largest banks with banking and other financial services subsidiaries in the…
Mercantile Bankshares Corp. →
Active · founded 1970
Mercantile Bankshares, Inc.
First of America Bank Corporation →
Active · founded 1971
First of America Bank Corporation is one of the Midwest's largest bank holding companies and is ranked among the top 35…
Michigan National Corporation →
Active · founded 1972
Michigan National Corporation is a bank holding company for nationally and state-chartered commercial banks and…
Westamerica Bancorporation →
Active · founded 1972
Westamerica Bancorporation is a northern California bank holding company comprised of two principal subsidiaries:…
Republic New York Corporation →
Active · founded 1973
Republic New York Corporation is a bank holding company for nationally chartered commercial banks and state-chartered…
Star Banc Corporation →
Active · founded 1973
Star Banc Corporation is a bank holding company for nationally and state-chartered commercial banks in the tristate…
Cullen/Frost Bankers, Inc. →
Active · founded 1977
Cullen/Frost Bankers, Inc.
Waterhouse Investor Services, Inc. →
Active · founded 1979
Waterhouse Investor Services, Inc.
First Commerce Bancshares, Inc. →
Active · founded 1985
First Commerce Bancshares, Inc.
SunTrust Banks Inc. →
Active · founded 1985
A holding company formed by Trust Company of Georgia in 1985, SunTrust Banks Inc.
Shawmut National Corporation →
Active · founded 1988
Shawmut National Corporation is one of New England's largest banking companies, offering financial products and…
Bank Austria AG →
Active · founded 1991 · Austria
With over one-fifth of the nation's banking business, Bank Austria AG is Austria's largest and most profitable banking…
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