Who took over Fleet Mortgage Corp?
Emma Jordan
Published Mar 16, 2026
Washington Mutual Inc.
Seattle’s Washington Mutual Inc. completed a $660 million acquisition of Fleet Mortgage Corp. this month.
When did Bank of America take over Fleet bank?
2004
FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; all of its banks and branches were converted to Bank of America.
Who purchased Shawmut bank?
Fleet Financial Group
In a combination that would create the nation’s ninth-largest banking firm, Fleet Financial Group of Providence, R.I., said Tuesday that it has reached a definitive agreement to buy Boston-based Shawmut National Corp. for $3.7 billion, or $30 a share, in stock.
What is Fleet bank called now?
The $47 billion merger of Bank of America Corp. with FleetBoston Financial Corp. was on Thursday, making Charlotte, N.C.-based BofA the world’s second largest bank.
What is the new name of Shawmut?
Mersen
Ferraz Shawmut on June 16 announced that it has changed its name to Mersen.
Did mersen buy Ferraz Shawmut?
Ferraz Shawmut, Newburyport, Mass. -based manufacturer of fusegear and other circuit-protection devices, has changed its name to Mersen, in line with an overall change at its parent company Carbone Lorraine, Paris, France.
What did Shawmut Bank become?
In 1975 Shawmut Association, Inc. was renamed Shawmut Corporation, and its expansion of banking operations continued in the form of mergers with bank holding companies rather than the simpler acquisition of independent banks.
What happened Barnett Bank?
Founded in 1877, it eventually became the largest commercial bank in Florida with over 600 offices and $41.2 billion in deposits. Barnett was purchased by NationsBank in 1997….This article’s tone or style may not reflect the encyclopedic tone used on Wikipedia.
| Type | Banking |
|---|---|
| Fate | acquired by NationsBank |
Who Bought Nations Bank?
NationsBank
| Industry | Banking |
|---|---|
| Fate | Merged with Bank America |
| Successor | Bank of America |
| Headquarters | Charlotte, North Carolina , United States |
| Key people | Hugh McColl (former president) |
When did Fleet bank close?
FleetBoston Financial/Ceased operations
The End of Fleet Bank of America wanted Fleet’s New England and New York network and succeeded in purchasing FleetBoston for $47 billion in 2004. Bank of America became the country’s second largest bank. All FleetBoston banks adopted the Bank of America name, corporate identity and logo. FleetBoston was history.
What was the name of Fleet bank before?
the Providence Bank
Fleet’s direct predecessor began in Providence, Rhode Island in 1791 as the Providence Bank, founded by Rhode Island businessman John Brown. It joined the national banking system in 1865 as Providence National Bank. In 1951, it bought Union Trust Company to form Providence Union Bank and Trust Company.
Did Fleet bank became Bank of America?
FleetBoston Financial was a Boston, Massachusetts–based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; all of its banks and branches were converted to Bank of America.
What is Fleet Bank called now?
When did Merchants National Bank of Rhode Island become Fleet Bank?
Providence purchased Merchants National Bank of Rhode Island in 1926 and adopted the Merchant name. The bank forged ahead with a series of mergers ultimately building one of the largest banks in the country.
What was the first bank Fleet Bank acquired?
Its first acquisition outside Rhode Island was First Connecticut Bancorp in 1985, and Fleet acquired 40 banks during the 1980s. The decade was a difficult one for many financial institutions. Fleet initially prospered, but the costs of mergers coupled with the financial crisis proved serious.
Who are the authorised brokers for fleet mortgages?
Fleet Mortgages only sells its mortgage products through authorised brokers and intermediaries. The information contained on this website is, as a result, intended for authorised brokers and intermediaries only. No one else should use this information as a basis for any financial decisions.
Where is the headquarters of Fleet National Bank?
Acquired Pacific National Bank of Nantucket ( 2618) in NANTUCKET, MA Acquired Rhode Island Hospital Trust National Bank ( 17057) in PROVIDENCE, RI Acquired Fleet National Bank ( 2499) in PROVIDENCE, RI Moved bank headquarters from BOSTON, MA to PROVIDENCE, RI
