First Security Corporation
Company type | Public |
---|---|
Traded as | Nasdaq: FSCO |
Industry | Banking |
Founded | June 1929; 95 years ago (1929-06) in Ogden, Utah, US |
Founders | Marriner Stoddard Eccles, George S. Eccles |
Defunct | 2000; 24 years ago (2000) |
Fate | acquired by Wells Fargo |
Successor | Wells Fargo |
Headquarters | Salt Lake City, Utah, United States |
Area served | Western United States |
Key people | George S. Eccles, CEO |
Products | Retail banking Investment banking Commercial banking Mortgages |
Website | Archived official website at the Wayback Machine (archived December 5, 1998) |
First Security Corporation was a multistate bank holding company in the western United States, primarily in Utah, Idaho, New Mexico, Oregon, Nevada, and Wyoming. Headquartered in Salt Lake City, Utah, First Security merged with Wells Fargo in 2000.
History
David Eccles who emigrated to Utah from Scotland in 1863 had a founding interest in Utah International, which was later inherited by Marriner and George Eccles. The two sons, together with Marriner A. Browning, expanded their financial interests to 17 banks and a building and loan company, later brought under one holding company, First Security Corporation, in June 1928.
In 1932, First Security acquired Deseret National Bank, which had been founded in 1871 by Brigham Young. It then moved its headquarters from Ogden to Salt Lake City. [1]
In 2000, First Security was absorbed into Wells Fargo. First Security stockholders received 0.355 of a share of Wells Fargo common stock in exchange for each share of First Security common stock. [2]
References
- v
- t
- e
- Charles Scharf (CEO)
- Charles Noski (chairman)
- Steven Black
- Mark A. Chancy
- Celeste A. Clark
- Theodore F. Craver
- Wayne M. Hewett
- Donald M. James
- Maria R. Morris
- Richard B. Payne
- Juan A. Pujadas
- Ronald L. Sargent
- Suzanne M. Vautrinot
- Wells Fargo Advisors
- Wells Fargo Bank
- Wells Fargo Financial
- Wells Fargo Home Mortgage
- Wells Fargo Insurance Services
- Wells Fargo Securities
- Abbot-Downing Company
- ABD Insurance & Financial
- Atlantic National Bank
- A. G. Edwards
- Bache & Co.
- Bank of Baltimore
- Bank of North America
- Bowles Hollowell Conner & Co.
- Century Bank
- CoreStates Financial
- Crocker National Bank
- Evergreen Investments
- Fidelity Trust
- First Commerce Bancshares
- First Interstate Bancorp
- First National Bank (Philadelphia)
- First Pennsylvania Bank
- First Security
- First Union
- Florida National Bank
- Garden State National Bank
- Georgia Railroad Bank
- Golden West Financial
- Halsey, Stuart & Co.
- National Bank of Alaska
- Norwest
- Prudential Securities
- Southeast Bank
- SouthTrust
- Wachovia
- Wachovia Securities
- One Wells Fargo Center
- Wells Fargo Center (Denver)
- Wells Fargo Center (Jacksonville)
- Wells Fargo Center (Los Angeles)
- Wells Fargo Center (Minneapolis)
- Wells Fargo Center (Portland, OR)
- Wells Fargo Center (Sacramento)
- Wells Fargo Center (Salt Lake City)
- Wells Fargo Center (Seattle)
- Wells Fargo Place
- Wells Fargo Plaza (El Paso)
- Wells Fargo Plaza (Houston)
- Wells Fargo Plaza (Phoenix)
- Wells Fargo Center (Philadelphia)
- Wells Fargo Tower (Birmingham)
- Wells Fargo Tower (Colorado Springs)
- Duke Energy Center
- Category
- Commons
- Wikiversity