Template talk:US Banks
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[edit] Usage
As an outline I selected the banks included in this template from fdic.gov (follow: Analysts, Summary of Deposits, Summary Tables, Top 50 Commercial Banks and Savings Institutions by Total Domestic Deposits).
I have removed some entries which seemed to be duplicates, and also recently concluded takeovers, however left Regions and AmSouth as they havent completed yet. There are some red links left and it would be great if anyone could link them up with the correct pages if they exist.
I recon its important we dont just keep adding banks to this one, perhaps an entry criteria would be best? Remembering there are some 7,500 banks in the United States. Ian3055 00:33, 18 July 2006 (UTC)
- I definitely agree that the box be limited in scope, as it could get out of hand rather quickly. Not sure what the criteria should be though. Also, should it include companies without a retail bank, e.g. Merrill Lynch? In my edits today I removed some brokerage houses, but I don't know how others feel about it. Uvaduck 02:13, 23 July 2006 (UTC)
- This template obviously has some problems. We need some criteria for inclusion of banks. I suggest that we limit inclusion to the 30 largest banks, based on deposits.
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- As to the question about banks without retail banks, they should not be included, as the header to the template says "Commercial banks in the United States." This header should be amended to say "The 30 largest commercial banks in the United States, based on deposits". 21:06, 26 July 2006 (UTC)
[edit] BB&T
Could someone confirm if BB&T is the same institution as Branch Banking and Trust Company of Virginia and/or Branch Banking and Trust Company? Ian3055 17:02, 21 July 2006 (UTC)
[edit] Proposal for template update
If I may, I would suggest that we modify the size, source, and scope of this template. After the Bank Holding Company Act of 1956, virtually all banks are wholly-owned subsidiaries of bank holding companies (and in fact, most of the links on this template are to the bank holding companies, rather than the banking subsidiaries themselves). As bank holding companies sometimes own multiple bank charters, maintaining the list in its current form can be tricky. Additionally, to reflect the fact that modern banks offer a variety of financial services, bank holding companies generally rank themselves by asset size, not deposit size (as an example, Bank of America is over $1.4 trillion in assets, but only has $563 billion in deposits).
As such, I propose we:
- update the template header to read "50 largest bank holding companies in the United States" (which should dramatically reduce the number of people adding their favourite local bank (such as the relatively tiny Apple Bank) to the template).
- change the inclusion criteria to being one of the fifty largest bank holding companies as measured by asset size.
- change the template's source to the Federal Financial Institutions Examination Council's annual Top 50 bank holding companies report.
Thoughts? Opinions? --Kralizec! (talk) 16:45, 27 March 2007 (UTC)
- As it has been nearly three weeks with no objections or counter-proposals, I have completed the changes listed above. --Kralizec! (talk) 22:04, 15 April 2007 (UTC)
[edit] Royal Bank of Scotland Group
It looks nice, but the list must list parent holding companies. Citizens Financial Group is a subsidiary of Royal Bank of Scotland Group so I made the appropriate correction. Steelbeard1 14:36, 22 April 2007 (UTC)
[edit] Found a few more errors
I took the time to look up every one of the Top 50 banks listed with Wikipedia articles to weed out the subsidiary banks. I found a half dozen or so subsidiaries so I replaced them with their respective holding companies Steelbeard1 15:07, 22 April 2007 (UTC)
- Actually they were not errors per se, because we both appear to be looking at the list from different philosophical perspectives. As this template shows the "fifty largest American banks and bank holding companies," my intention was to list the highest level American owner. This dovetails nicely with the source list from the FFIEC, which also lists the top American bank holding company. So while Royal Bank of Scotland Group is the ultimate owner of Citizens Financial Group, all of the company's US bank brands (Charter One Bank, Citizens Bank) are subsidiaries of Citizens Financial Group in Providence, RI (which is #10 on the FFIEC list). Likewise, all of Bank of Montreal's American operations are owned by Harris Bank in Wilmington, DE (#23 on the FFIEC list). The only exceptions to this where I listed the foreign owner of the bank is where the top American company did not have a Wikipedia article. Examples include Deutsche Bank, whose American operations are owned by Taunus Corporation of New York, NY (#7 on the FFIEC list), Royal Bank of Canada, whose domestic holding company is RBC Centura of Raleigh, NC (#39 on the FFIEC list), etc. As such, my preference would be to keep the template as a list of the top American corporate owners of the various banks and bank holding companies. --Kralizec! (talk) 20:16, 22 April 2007 (UTC)
- The precedence was set when LaSalle Bank/LaSalle Bank Midwest were replaced by holding company ABN AMRO. So we must be consistent with formatting. ABN AMRO is a Dutch-based multinational financial institution. Steelbeard1 20:22, 22 April 2007 (UTC)
- Again, that was only because the American holder of ABN AMRO's American divisions, ABN AMRO North America of Chicago, IL (#11 on the FFIEC list) does not have its own Wikipedia article. However when the ultimate foreign owner has an American holding company with a Wikipedia article, I listed that top American company instead. Otherwise it is not really the "50 largest American banks and bank holding companies." --Kralizec! (talk) 20:51, 22 April 2007 (UTC)
In the spirit of compromise, I removed all of the foreign companies from the template and replaced them with their highest level American subsidiaries. Where Wikipedia did not have articles on the subsidiary, I created a redirect (ABN AMRO North America, Taunus Corporation, etc.) to the parent company and tagged it {{R with possibilities}}. --Kralizec! (talk) 16:34, 1 May 2007 (UTC)
[edit] Bank of New York Mellon
Can we update the template to reflect the merger of Bank of New York and Mellon Financial to form Bank of New York Mellon? --Vivenot 11:45, 5 July 2007 (UTC)
[edit] What's the #50 US Bank?
I only count 49 US Banks on the template. What's the new #50 US Bank? Steelbeard1 10:42, 22 August 2007 (UTC)
- Sorry, that was my mistake. I replaced Bank of New York and Mellon Financial with the new, combined Bank of New York Mellon. In the future I will avoid merging banks until our cited source shows the same thing. --Kralizec! (talk) 22:46, 2 October 2007 (UTC)
[edit] Sovereign Bank
Maybe I'm mistaken, but Sovereign Bank doesn't seem to be on the list. And yet, the template appears on Sovereign's article page. It even says on its article page that it's the 19th largest banking institution in the U.S. (or at least it says something to that extent). What's up with that? —Preceding unsigned comment added by 71.255.140.143 (talk) 19:26, 9 June 2008 (UTC)
- Sovereign Bank does not appear on the template because it is not on the source list: the Federal Financial Institutions Examination Council's quarterly Top 50 bank holding companies report. --Kralizec! (talk) 21:57, 9 June 2008 (UTC)
