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Marine Midland Bank was an American bank formerly headquartered in Buffalo, New York, with several hundred branches throughout the state of New York. In 1998, branches extended to Pennsylvania. It was acquired by HSBC in 1980, and changed its name to HSBC Bank USA in 1999.
This was the largest merger in US bank history at the time. The newly-formed institution operated 316 offices and held total assets of USD10.5 billion. It took the name Marine Midland Bank (now HSBC Bank USA). Marine Midland Banks, Inc. remained in place as the holding company.
Marine Midland Bank - New York is not active anymore since 01/01/1976 due to Merger - Without Assistance. HSBC Bank USA was the successor institution. The headquarter was located at 140 Broadway, , 10015.
On 1 January 1976, following a change in state law, Marine Midland Bank - Western was merged with nine other regional Marine Midland banks to form Marine Midland Bank, with total assets of USD10.5 billion and 316 offices. It was the largest merger in US bank history at the time.
In 1980, The Hongkong and Shanghai Banking Corporation acquired a 51% controlling interest in Marine Midland Bank, headquartered in Buffalo, New York. HSBC acquired the remaining interest in 1987. The banks continued to operate under the Marine Midland name until 1998, when the offices were re-branded as HSBC Bank.
Jun 6, 2024 · The name is changing because HSBC Holdings Plc is shifting to one global brand name in 79 countries. The $483 billion bank holding company in London has owned Marine Midland Bank since 1980.
Marine continued to acquire banks in the postwar era, and in the 1950s renamed itself Marine Midland Trust Company of Western New York. In 1964 the bank logo of the sailing ship was replaced by a new ship symbol.
Marine Midland Bank was an American bank formerly headquartered in Buffalo, New York, with several hundred branches throughout the state of New York. In 1998, branches extended to Pennsylvania. It was acquired by HSBC in 1980, and changed its name to HSBC Bank USA in 1999.
Jan 19, 2024 · Marine Midland Bank was an American bank formerly headquartered in Buffalo, New York, with several hundred branches throughout the state of New York. In 1998, branches extended to Pennsylvania. It was acquired by HSBC in 1980, and changed its name to HSBC Bank USA in 1999.
The Marine Bank of Buffalo was founded in 1850 in Buffalo, New York, USA. It became the Marine Trust Company of Buffalo in 1919. A new holding company, the Marine Midland Corporation, grew out of the business in 1929.
