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Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. [3] Wachovia provided a broad range of banking, asset management, wealth management, and corporate ...
Florida National Bank (FNB), founded in 1905, was the second largest commercial bank in Florida. Florida National Group was acquired in 1990 by First Union Corporation , which was renamed Wachovia in 2001; Wachovia was subsequently acquired by Wells Fargo in 2008.
In 2006, they agreed to acquisition of Golden West Financial and its thrift, World Savings, by Wachovia Bank, The acquisition gave Wachovia an additional 285-branch network spanning 10 states. Wachovia greatly raised its profile in California, where Golden West held $32 billion in deposits and operated 123 branches. [10]
Southeast Financial Center[ 4 ] is a two-acre development in Miami, Florida, United States. It consists of a 765 feet (233 m) tall office skyscraper and its 15-story parking garage. It was previously known as the Southeast Financial Center (1984–1992), the First Union Financial Center (1992–2003) and the Wachovia Financial Center (2003–2011).
First Union Corporation was a bank holding company that provided commercial and retail banking services in eleven states in the eastern U.S.First Union also provided various other financial services, including mortgage banking, credit card, investment banking (First Union Securities), investment advisory, home equity lending, asset-based lending, leasing, insurance, international and ...
Acquisitions in 1999–2000. Continuing the Norwest tradition of making numerous smaller acquisitions each year, Wells Fargo acquired 13 companies during 1999 with total assets of $2.4 billion. The largest of these was the February purchase of Brownsville, Texas -based Mercantile Financial Enterprises, Inc., which had $779 million in assets.
Barnett Bank was an American bank based in Florida. 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.
Atlantic National Bank. The Atlantic National Bank was an American bank based in Jacksonville, Florida. It existed from 1903 until 1985, when it was acquired by First Union. Subsequently, First Union changed its name to Wachovia Corporation when it also acquired Wachovia National Bank, then the merged company was acquired by Wells Fargo in 2008.
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