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Fleet Bank

Welcome to the Fleet Bank in the United States, which has now been acquired by the Bank of America. In this page by Worldbankshub.com you will find detailed information on Fleet Bank in the US. Before going into further detail, the history of Fleet Bank must be known. Providence-based Fleet Bank started acquiring many banks outside the Rhode Island during the 1980s and early 1990s. The most significant ones were the acquisition of the Norstar Bank situated in upstate New York in the year 1998 and the Bank of New England in 1991. In the year 1992 merged Fleet/Norstar got its new name as the Fleet Financial Group. Fleet Bank was already one amongst the three largest banks in New England area, with the Bank of Boston and Shawmut Bank

Fleet merged with Shawmut Bank in 1995 and became the ninth largest bank in the US and the largest in New England. The biggest merger of Fleet took place in 1999 when it acquired Bank Boston. Thus the new FleetBoston Bank was established that immersed all middle-tier banks into a single behemoth. FleetBoston ranked as the seventh-largest bank in the United States both in terms of employees and assets. Bank of America acquired Fleet after the latter suffered class-action suit over credit card facilities.

There are various types of loans offered by the Fleet Bank that include: mortgages, auto and other types of automobile loans, credit cards, and various types of student loans and home loans. The online banking options in Fleet Bank include check and monitor account transactions, online check ordering, loan activity status checks, online checking, online statement access, and lastly, money transfers. You can check your account status at anytime and from anywhere you feel like. The Fleet Bank provides the advantage of enjoying the affordable home loans and excellent customer service, in addition to its easily accessible saving and checking account options.

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