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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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Citizens Bank is a brand name of RBS Citizens, N.A. and Citizens Bank of Pennsylvania. Citizens Bank is a division of RBS Citizens, N.A. and Citizens Bank accounts and other RBS Citizens, N.A. accounts are not separately insured by the FDIC. Citizens Bank of Pennsylvania is not part of RBS Citizens, N.A.
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