What Bank took over Hudson City Bank?
M Bank
16, 2016 — M Bank announced today that it has successfully completed its conversion of the former Hudson City Savings Bank branches it acquired in late 2015. Today, the former Hudson City Savings Bank branches officially reopen as branches of M Bank, and 121 Hudson City ATMs have been converted to M Bank ATMs.
Who took over Hudson City Savings?
M Bank Corp.
Financial holding company M Bank Corp. (NYSE:MTB) Monday announced it will buy Hudson City Bancorp (NASDAQ: HCBK) and merge it into a subsidiary for $3.7 billion, expanding its franchise in the eastern U.S.
When did M acquire Hudson City?
M agreed to buy Hudson City for $3.7 billion in stock and cash in August 2012, though the value of the deal has since swelled due to a rise in M’s stock price.
Who bought Hudson City Bank?
Hudson City Bancorp
| Type | Subsidiary |
|---|---|
| Fate | Acquired |
| Successor | M Bank |
| Headquarters | Paramus, New Jersey, U.S. , United States |
| Number of locations | 135 |
What happened to Hudson City Bancorp stock?
M Bank agreed to acquire Hudson City on August 27, 2012. The company was located at West 80 Century Road, in Paramus, New Jersey….Hudson City Bancorp.
| Type | Subsidiary |
|---|---|
| Traded as | Nasdaq: HCBK |
| Founded | March 27, 1868 |
| Defunct | November 1, 2015 |
| Fate | Acquired |
Who bought Hudson City?
Where was the Hudson City Savings Bank located?
In the 1920s, Hudson City Savings Bank opened its second branch office, and moved from the old headquarters on Newark Avenue, to 587 Summit Avenue in Jersey City. The company survived the aftermath of the stock market crash of 1929 when many other banks closed.
Where is Hudson City Bank in Paramus NJ?
At the time, it was also the seventh largest domestic public offering in United States history The bank avoided the excesses of the housing boom and was labeled “best bank of 2007” by Forbes. M Bank agreed to acquire Hudson City on August 27, 2012. The company was located at West 80 Century Road, in Paramus, New Jersey.
When was Hudson City Bank annexed to Jersey City?
By the early 1870s, the city of Hudson was annexed by Jersey City, New Jersey, the second-largest city in the state. By the end of the 19th century, the bank had accumulated assets and deposits of over $1 million.
Where is M & T Bank in Hudson City NJ?
M Bank agreed to acquire Hudson City on August 27, 2012. The company was located at West 80 Century Road, in Paramus, New Jersey. On March 27, 1868, the Hudson City Savings Bank received a charter from the New Jersey Legislature to open in what was then the small Hudson City, New Jersey.