The subsidiary banks would be merged into one bank per state and most likely, once the law allowed it, one bank for the whole country . Products and policies would be controlled from Columbus.
32.
In 1960, the State Banks of India was given control of eight state-associated banks under the State Bank of India ( Subsidiary Banks ) Act, 1959 . These are now called its associate banks.
33.
Mitsubishi Tokyo Financial Group reported a loss of 124.6 billion yen ( $ 1 billion ) at its three subsidiary banks for the fiscal year ending in March, largely because of write-offs of bad loans.
34.
NBT BANCORP INC ., Norwich, N . Y ., the parent company of National Bank and Trust Co ., named Daryl R . Forsythe president and chief executive of the company and its subsidiary bank.
35.
On December 31, 2001, the holding company, Banknorth Group, Inc ., merged its seven subsidiary banks into one bank, Banknorth NA under the Peoples Heritage Bank charter dating back to 1852, with one OCC charter.
36.
"We are pleased that the combination of our organizations will allow Monarch's subsidiary banks to expand their product lines while simultaneously broadening loan opportunities throughout Southern California, " said SC Bancorp's Beisswenger in a statement.
37.
NBT Bancorp Inc ., Norwich, N . Y ., the parent company of the National Bank and Trust Co ., named Daryl R . Forsythe president and chief executive of the company and its subsidiary bank.
38.
On Thursday, Mitsubishi Tokyo reported a net loss of 124.6 billion yen ( $ 1 billion ) at its three subsidiary banks for the fiscal year which ended in March, largely because of massive bad loans.
39.
NBT BANCORP INC ., Norwich, N . Y ., the parent company of the National Bank and Trust Co ., named Daryl R . Forsythe president and chief executive of the company and its subsidiary bank.
40.
ISB Financial Corp ., New Iiberia, La ., a bank holding company, said its Iberiabank unit had agreed to acquire 17 full-service branch offices from two subsidiary banks of First Commerce Corp . Terms were not disclosed.
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