COMPANY·HISTORIES
NAIC 52212

Savings Institutions (pt)

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

35companies1845–1999founding years35still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedNational City Corp.
1845
FoundedCheltenham & Gloucester PLC
1850
FoundedDime Savings Bank of New York, F.S.B.
1859
FoundedLloyds TSB Group plc
1865
FoundedAnchor Bancorp, Inc.
1868
FoundedCommercial Federal Corporation
1887
FoundedGreat Lakes Bancorp
1890
FoundedStandard Federal Bank
1893
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
FoundedWashington Federal, Inc.
1917
FoundedH. F. Ahmanson & Company
1928
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedBradford & Bingley PLC
1964
FoundedFirst of America Bank Corporation
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
FoundedAdvanta Corporation
1974
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedTemple-Inland Inc.
1983
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedNorwich & Peterborough Building Society
1986
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
FoundedBank Austria AGFoundedSberbank
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.
FoundedHudson River Bancorp, Inc.
1998
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

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.
Cheltenham & Gloucester PLC →
Active · founded 1850 · United Kingdom
Cheltenham & Gloucester PLC (C&G) is the third largest mortgage bank in the United Kingdom and represents the home…
Banknorth Group, Inc. →
Active · founded 1852
One of the 30 largest commercial banking companies in the United States, Banknorth Group, Inc.
Dime Savings Bank of New York, F.S.B. →
Active · founded 1859
Dime Savings Bank of New York ("the Dime") is a full-service bank offering a wide variety of financial services, mostly…
Co-operative Group (CWS) Ltd. →
Active · founded 1863 · United Kingdom
Co-operative Group (CWS) Ltd.
Lloyds TSB Group plc →
Active · founded 1865 · United Kingdom
Lloyds TSB Group plc is one of the Big Four British clearing banks in the United Kingdom.
Long Island Bancorp, Inc. →
Active · founded 1867
Long Island Bancorp, Inc.
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…
GreenPoint Financial Corp. →
Active · founded 1868
GreenPoint Financial Corp.
Commercial Federal Corporation →
Active · founded 1887
Commercial Federal Corporation is the largest financial institution based in Nebraska and is that state's largest…
Coop Schweiz Genossenschaftsverband →
Active · founded 1890 · Switzerland
Coop Schweiz Genossenschaftsverband is Switzerland's second-largest food products retailer, behind fellow cooperative…
Great Lakes Bancorp →
Active · founded 1890
Great Lakes Bancorp is the second largest savings bank in Michigan, operating 46 branches statewide and in northern…
Hawaiian Electric Industries, Inc. →
Active · founded 1891
Hawaiian Electric Industries (HEI) is a diversified electric utility holding company formed in 1983.
Standard Federal Bank →
Active · founded 1893
Standard Federal Bank stands as the largest thrift institution in the Midwest and the seventh largest in the United…
Huntington Bancshares Inc. →
Active · founded 1905
Huntington Bancshares Inc.
Washington Federal, Inc. →
Active · founded 1917
One of the largest savings and loan institutions in Washington, Washington Federal, Inc., operates as the one-bank…
USAA →
Active · founded 1922
USAA is a diversified insurance and financial services company patronized primarily by U.S.
H. F. Ahmanson & Company →
Active · founded 1928
H.
Commerzbank A.G. →
Active · founded 1958 · Germany
Commerzbank A.G.
Bradford & Bingley PLC →
Active · founded 1964 · United Kingdom
Once Britain's second largest building society, Bradford & Bingley PLC has transformed itself into the country's tenth…
BNP Paribas Group →
Active · founded 1966 · France
BNP Paribas Group is the fruit of the 1999 merger between two of France's most influential banking groups, the…
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…
Advanta Corporation →
Active · founded 1974
Advanta Corporation originates, services, and sells small business credit card and home equity loans.
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…
Temple-Inland Inc. →
Active · founded 1983
Temple-Inland Inc.
MacAndrews & Forbes Holdings Inc. →
Active · founded 1984
MacAndrews & Forbes Holdings Inc.
Norwich & Peterborough Building Society →
Active · founded 1986 · United Kingdom
One of the largest of Britain's remaining mutual aid building societies, Norwich & Peterborough Building Society has…
La Poste →
Active · founded 1990 · France
1597: Relais de louage, a stagecoach service intended for private use, is created by royal edict.
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…
CitFed Bancorp, Inc. →
Active · founded 1991
CitFed Bancorp, Inc., is the holding company for Citizens Federal Bank, F.S.B., one of the oldest savings and loan…
Sberbank →
Active · founded 1991 · Russia
Sberbank is Russia's oldest and largest bank.
Nordea AB →
Active · founded 1997 · Sweden
First off the starting block among pan-European banking mergers--a trend expected to boom in the early years of the…
Hudson River Bancorp, Inc. →
Active · founded 1998
s: 522120 Savings Institutions; 551112 Offices of Other Holding Companies Hudson River Bancorp, Inc.
Banco Santander Central Hispano S.A. →
Active · founded 1999 · Spain
Banco Santander Central Hispano S.A.
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