WASHINGTON - BankAmerica Corp. won regulatory approval Friday to become the first 50-state bank.

The Office of Thrift Supervision approved the company's applications to open 279 branches of its Oregon-based thrift subsidiary in 49 states.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.