Ranked by assets or servicing sold
1 Electronic Data Systems Corp., TX
2 Temple-Inland Inc., TX
3 Midland Loan Services, L.P., MO
4 H&R Block Inc., MO
5 Nova Corp., GA
6 Travelers Group, Inc., NY
7 Mercury Finance Company, IL
8 Associates First Capital Corp., TX
9 Associates First Capital Corp., TX
10 Alliance Data Systems, UN
S American Banker, 1997
Top 25 Nonbank Acquisitions Announced by Banks
Ranked by total deal purchase price
Completion date or
Announcetransaction
1 State Street Boston Corp., MA* 4/24/97 Pending
2 Knutson Mortgage Corporation, MN 3/14/97 6/4/97
3 Nationsbank Corporation, NC* 3/7/97 Pending
4 Fleet Financial Group Inc, MA* 4/16/97 6/19/97
5 Crestar Financial Corp., VA* 4/8/97 6/4/97
6 BankAmerica Corporation, CA* 6/9/97 Pending
7 Bank of Boston Corporation, MA* 1/10/97Terminated
8 Bank of New York Company Inc, NY* 3/5/97 3/5/97
9 JC Penney Card Bk NA, DE* 107/97 4/24/97
10 National City Corporation, OH* 2/3/97 3/6/97
Source: Compiled by American Banker from database of Sheshunoff
Top 25 Nonbank Acquisitions Announced by Banks
Ranked by total deal purchase price
Type of Assets
assets sold/surTotal price
1 Servicing Portfolio $9,340 N/A
2 Mortgage Banking Operations 6,000 N/A
3 Servicing Portfolio 4,200 N/A
4 Mortgage Banking Operations 2,000 190
5 Specialty Financing 1,800 18
6 Specialty Financing 1,300 1,600
7 Specialty Financing 1,000 453
8 Credit Card Portfolio 800 N/A
9 Credit Card Portfolio 740 N/A
10 Credit Card Portfolio 428 N/A
Source: Compiled by American Banker from database of Sheshunoff
Top 25 Nonbank Acquisitions Announced by Banks
Ranked by total deal purchase price Completion date
