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CFG Acquisition History
| # |
Description |
State |
Year |
Assets
($ in millions) |
Branches |
| 1 |
Fairhaven Savings Bank |
MA |
1988 |
$288 |
4 |
| 2 |
Bank of New England Old Colony |
RI |
1990 |
$1,200 |
n/a |
| 3 |
Marquette Credit Union |
RI |
1991 |
$175 |
1 |
| 4 |
Plymouth Five Cents |
MA |
1992 |
$200 |
12 |
| 5 |
New England Savings |
CT |
1993 |
$700 |
21 |
| 6 |
Boston Five Bancorp |
MA |
1993 |
$1,650 |
25 |
| 7 |
Neworld Bancorp |
MA |
1994 |
$1,100 |
22 |
| 8 |
Coastal |
CT |
1994 |
$100 |
9 |
| 9 |
Old Stone |
RI |
1994 |
$1,100 |
28 |
| 10 |
Quincy Savings Bank |
MA |
1995 |
$833 |
14 |
| 11 |
First NH |
NH |
1996 |
$4,000 |
90 |
| 12 |
Farmers & Mechanics |
CT |
1996 |
$530 |
12 |
| 13 |
Grove |
MA |
1997 |
$750 |
10 |
| 14 |
Bank of New Haven |
CT |
1997 |
$260 |
5 |
| 15 |
Woburn National Corp. |
MA |
1998 |
$160 |
5 |
| 16 |
Branford Branches |
CT |
1998 |
$67 |
4 |
| 17 |
State Street - Commercial Banking |
MA |
1999 |
$2,200 |
4 |
| 18 |
UST Corp. |
MA |
2000 |
$5,930 |
87 |
| 19 |
Mellon Bank's mid-Atlantic retail franchise |
PA/DE |
2001 |
$16,400 |
345 |
| 20 |
Medford Bancorp Inc. |
MA |
2002 |
$1,400 |
19 |
| 21 |
Commonwealth Bancorp. |
PA |
2003 |
$1,800 |
60 |
| 22 |
Feitelberg Insurance |
MA |
2003 |
n/a |
n/a |
| 23 |
Port Financial Corp. (CambridgePort Bank) |
MA |
2003 |
$1,500 |
11 |
| 24 |
Community Bancorp |
MA |
2003 |
$457 |
10 |
| 25 |
Thistle Group Holdings, Co. |
PA/DE |
2004 |
$914 |
15 |
| 26 |
Charter One Financial, Inc. |
OH |
2004 |
$41,300 |
616 |
| 27 |
Credit card business of People’s Bank
(now called RBS Card Services) |
CT |
2004 |
$2,048 |
n/a |
| 28 |
Lynk Systems (now called RBS Lynk) |
GA |
2004 |
n/a |
n/a |
| 29 |
RBS Asset Finance, the US portion of RBS Lombard
(acquired from the Royal Bank of Scotland Group plc) |
IL |
2006 |
$2,178 |
n/a |
| 30 |
GreatBanc Inc. |
IL |
2007 |
$1,200 |
10 |
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