Misplaced Pages

First Security Corporation: Difference between revisions

Article snapshot taken from[REDACTED] with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Browse history interactively← Previous editContent deleted Content addedVisualWikitext
Revision as of 06:07, 10 September 2013 editYobot (talk | contribs)Bots4,733,870 editsm Remove unicode control characters (CHECKWIKI error 16) +general fixes using AWB (9475)← Previous edit Latest revision as of 01:45, 3 January 2025 edit undoBeneathtimp (talk | contribs)Extended confirmed users1,812 edits +see also section with link to First Security Bank Building article 
(23 intermediate revisions by 18 users not shown)
Line 1: Line 1:
{{distinguish|First Security Bank}}
{{Infobox company {{Infobox company
| name = First Security Corporation | name = First Security Corporation
| logo = ] | logo = First Security Bank.jpg
| logo_size = 200px
| caption = | caption =
| foundation = ], ] (June, 1928)
| type = Public
⚫ | location = ], {{nowrap|]}}
| traded_as = {{NASDAQ was|FSCO}}
⚫ | area_served = ]
| foundation = {{start date and age|1929|06}} in ], US
⚫ | key_people = '''], '''<small><br/>(])</small>
| defunct = {{end date and age|2000}}
'''], '''<small><br/>(], ])</small>
| fate = acquired by Wells Fargo
⚫ | industry = ]
| successor = ]
⚫ | products = ]<br />]<br />]ing<br />]
⚫ | location = ], {{nowrap|]}}
| revenue =
⚫ | area_served = ]
⚫ | market cap =
⚫ | founders = ], ]
⚫ | equity =
| key_people = ], ]
⚫ | net_income =
⚫ | industry = ]
⚫ | assets =
⚫ | products = ]<br />]<br />]ing<br />]
⚫ | num_employees =
| homepage = | revenue =
⚫ | market cap =
| intl =
⚫ | equity =
⚫ | net_income =
⚫ | assets =
⚫ | num_employees =
| homepage = {{webarchive |url=https://web.archive.org/web/19981205064423/http://www.firstsecuritybank.com|date=December 5, 1998|title=Archived official website }}
| intl =
}} }}


Line 24: Line 31:
==History== ==History==
] ]
], who emigrated to Utah from Scotland in 1863 had a founding interest in Utah International, which was later inherited by ] and ] 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. ] who emigrated to Utah from Scotland in 1863 had a founding interest in Utah International, which was later inherited by ] and ] 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 was originally founded in 1871 by ]. It then moved its headquarters from ] to ]. In 1932, First Security acquired Deseret National Bank, which had been founded in 1871 by ]. It then moved its headquarters from ] to ].
<ref>http://www.fundinguniverse.com/company-histories/First-Security-Corporation-Company-History.html</ref> <ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/First-Security-Corporation-Company-History.html|title=History of First Security Corporation |work=fundinguniverse.com}}</ref>


In 2000, First Security was absorbed into Wells Fargo, with First Security stockholders receiving 0.355 of a share of Wells Fargo common stock in exchange for each share of First Security common stock. 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.
<ref></ref> <ref>{{cite web |url=https://www.wellsfargo.com/press/firstsec20000410 |date=2000-04-09 |title=Wells Fargo & Company and First Security Corporation Merger Press Release |archive-url=https://archive.today/20121217225441/https://www.wellsfargo.com/press/firstsec20000410 |archive-date=2012-12-17 |work=sec.gov |url-status=dead }}</ref>

==See also==
* ], home of the company's headquarters for several decades


==References== ==References==
{{reflist}} {{Reflist}}


{{Wells Fargo}} {{Wells Fargo}}
{{Authority control}}


] ]
] ]
] ]
]
]
]

Latest revision as of 01:45, 3 January 2025

Not to be confused with First Security Bank.
First Security Corporation
Company typePublic
Traded asNasdaq: FSCO
IndustryBanking
FoundedJune 1929; 95 years ago (1929-06) in Ogden, Utah, US
FoundersMarriner Stoddard Eccles, George S. Eccles
Defunct2000; 25 years ago (2000)
Fateacquired by Wells Fargo
SuccessorWells Fargo
HeadquartersSalt Lake City, Utah, United States
Area servedWestern United States
Key peopleGeorge S. Eccles, CEO
ProductsRetail banking
Investment banking
Commercial banking
Mortgages
WebsiteArchived 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

The former First Security Building, now the Deseret Building, still retains the former bank's name.

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.

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.

See also

References

  1. "History of First Security Corporation". fundinguniverse.com.
  2. "Wells Fargo & Company and First Security Corporation Merger Press Release". sec.gov. 2000-04-09. Archived from the original on 2012-12-17.
Wells Fargo
Founders
Board of directors
  • 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
Divisions
  • Wells Fargo Advisors
  • Wells Fargo Bank
  • Wells Fargo Financial
  • Wells Fargo Home Mortgage
  • Wells Fargo Insurance Services
  • Wells Fargo Securities
Historical components
Former components
Buildings
History
Categories:
First Security Corporation: Difference between revisions Add topic