Hudson United Bank

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Hudson United Bancorp
Industry Bank holding company
Fate Acquired by TD Banknorth
Successor(s) TD Banknorth (now TD Bank, N.A.)
Founded 1890[1]
Defunct 2006
Headquarters Mahwah, New Jersey
Products Financial services

Hudson United Bank (HUB) was a bank headquartered in Mahwah, New Jersey, and serving New Jersey, the Philadelphia region, New York, and Connecticut. HUB was acquired by TD Banknorth (now TD Bank, N.A.) in 2006.

History

Hudson United Bank was founded in 1890[2] . During the 1990s, it had acquired numerous regional banks, including Jefferson National Bank (1995), Growth Bank (1996), Middletown Savings Bank (1998), and many others.

Acquisition by TD Banknorth

In July 2005, TD Banknorth agreed that it would buy HUB. The acquisition was finalized on January 31, 2006, and all HUB locations were converted to TD Banknorth. Today, most of the former HUB locations, including those taken over by regional banks, are now part of TD Bank, N.A..

References

  1. ↑ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3153896
  2. ↑ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3153896
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