A re-organization followed that merged First National Bank of Boston and Old Colony Trust Company into the newly formed Massachusetts Bank NA, which then assumed the name First National Bank of Boston. It was renamed the Bank of Boston, N.A., in 1982 and became BankBoston Corporation in 1997.
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found: BankBoston WWW, Jan. 09, 2007 (BankBoston; BankBoston International; founded 1784 as Massachusetts Bank (first federally chartered bank in U.S.); in 1864 Massachusetts Bank renamed Massachusetts National Bank; this merged, in 1903, with First National Bank of Boston (founded 1859); in 1929 Old Colony Trust Company merged with First National Bank of Boston (later renamed Bank of Boston ...
Fleet Financial's move to buy rival BankBoston in a $16 billion stock deal will create a New England powerhouse, and position Fleet to better compete globally, especially in Latin America. But ...
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