COMPANY·HISTORIES
SIC 6712

Offices of Bank Holding Companies, Not Elsewhere Classified

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

57companies1803–1996founding years57still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedCoreStates Financial Corp
1803
FoundedNational City Corp.
1845
FoundedGrupo Financiero Serfin, S.A.
1864
FoundedAnchor Bancorp, Inc.
1868
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedBankAmerica Corporation
1904
FoundedThe Sumitomo Bank, Limited
1912
1914
EconomyWorld War I begins; global trade reorders.
FoundedFirst Security Corporation
1928
FoundedWachovia Bank of Georgia, N.A.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedIstituto per la Ricostruzione Industriale S.p.A.
1933
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedFirst Virginia Banks, Inc.
1949
1958
TechnologyThe integrated circuit is demonstrated.
FoundedDonaldson, Lufkin & Jenrette, Inc.
1959
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedChemical Banking Corporation
1968
FoundedKeyCorp
1970
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedMichigan National Corporation
1972
FoundedStar Banc Corporation
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedMeridian Bancorp, Inc.
1983
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedFirst USA, 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.
FoundedSecurity Capital Corporation
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

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.
U.S. Trust Corp. →
Active · founded 1853
U.S.
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,…
Anchor Bancorp, Inc. →
Active · founded 1868
Anchor Bancorp, Inc., and its wholly owned subsidiary, Anchor Savings Bank F.S.B., are among the largest publicly owned…
Southtrust Corporation →
Active · founded 1887
The SouthTrust Corporation is a multi-bank holding company with operations in six southeastern states.
Wilmington Trust Corporation →
Active · founded 1901
Wilmington Trust Corporation is the holding company for the Wilmington Trust Company and its subsidiaries.
BankAmerica Corporation →
Active · founded 1904
When BankAmerica merged with Security Pacific Corporation in 1992, it became the nation's second-largest bank.
Dauphin Deposit Corporation →
Active · founded 1905
Dauphin Deposit Corporation is one of the most successful mid-sized bank holding companies in the country, overseeing…
Huntington Bancshares Inc. →
Active · founded 1905
Huntington Bancshares Inc.
The Sumitomo Bank, Limited →
Active · founded 1912 · Japan
Once the banking division of one of Japan's largest and oldest zaibatsu conglomerates, The Sumitomo Bank, Limited is…
Washington Federal, Inc. →
Active · founded 1917
One of the largest savings and loan institutions in Washington, Washington Federal, Inc., operates as the one-bank…
Metropolitan Financial Corporation →
Active · founded 1926
One of the largest savings and loan holding companies in the United States before its acquisition by First Bank System…
BayBanks, Inc. →
Active · founded 1928
BayBanks, Inc., is one of the largest and most successful bank holding companies in New England.
First Security Corporation →
Active · founded 1928
First Security Corporation, the oldest multistate bank holding company in the United States, operated 245 full-service…
H. F. Ahmanson & Company →
Active · founded 1928
H.
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…
Istituto per la Ricostruzione Industriale S.p.A. →
Active · founded 1933 · Italy
Istituto per la Ricostruzione Industriale S.p.A.
NBD Bancorp, Inc. →
Active · founded 1933
NBD Bancorp, Inc.
The Sanwa Bank, Ltd. →
Active · founded 1933 · Japan
The Sanwa Bank, Ltd.
First Virginia Banks, Inc. →
Active · founded 1949
First Virginia Banks, Inc.
Great Western Financial Corporation →
Active · founded 1955
True to its name, Great Western Financial Corporation is one of the largest financial services companies in the western…
Society Corporation →
Active · founded 1958
Headquartered in Cleveland, Ohio, Society Corporation is one of the fastest-growing and most innovative bank holding…
Donaldson, Lufkin & Jenrette, Inc. →
Active · founded 1959
Donaldson, Lufkin & Jenrette, Inc.
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.
First Nationwide Bank →
Active · founded 1982
With more than 150 branches in seven states and assets of about $15 billion, First Nationwide Bank was among the…
Meridian Bancorp, Inc. →
Active · founded 1983
Meridian Bancorp is one of the largest and most venerable of the regional financial services holding companies on the…
Habersham Bancorp →
Active · founded 1984
Established as a holding company in 1984, Habersham Bancorp combines Habersham Bank--a northeast Georgia financial…
First Commerce Bancshares, Inc. →
Active · founded 1985
First Commerce Bancshares, Inc.
First USA, Inc. →
Active · founded 1985
First USA, 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…
Security Capital Corporation →
Active · founded 1993
Security Capital Corporation is a bank holding company formed in 1993 to enable its subsidiary, Security Bank S.S.B., a…
Washington Mutual, Inc. →
Active · founded 1994
Owner of the third-largest savings and loan in the United States, Washington Mutual, Inc.
Bank of Tokyo-Mitsubishi Ltd. →
Active · founded 1996 · Japan
Bank of Tokyo-Mitsubishi Ltd., the world's largest bank, was formed in April 1996 from the merger of The Mitsubishi…
Bank of Tokyo-Mitsubishi Ltd. →
Active · founded 1996 · Japan
Bank of Tokyo-Mitsubishi Ltd., the world's largest bank, was formed in April 1996 from the merger of The Mitsubishi…
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