RBSCFG Acquisition History

#	Description	State	Year	Assets ($ in millions)	Branches
1	Fairhaven Savings Bank	MA	1988	$288	4
2	Bank of New England Old Colony	RI	1990	$1,200	n/a
3	Marquette Credit Union	RI	1991	$175	1
4	Plymouth Five Cents	MA	1992	$200	12
5	New England Savings	CT	1993	$700	21
6	Boston Five Bancorp	MA	1993	$1,650	25
7	Neworld Bancorp	MA	1994	$1,100	22
8	Coastal	CT	1994	$100	9
9	Old Stone	RI	1994	$1,100	28
10	Quincy Savings Bank	MA	1995	$833	14
11	First NH	NH	1996	$4,000	90
12	Farmers & Mechanics	CT	1996	$530	12
13	Grove	MA	1997	$750	10
14	Bank of New Haven	CT	1997	$260	5
15	Woburn National Corp.	MA	1998	$160	5
16	Branford Branches	CT	1998	$67	4
17	State Street - Commercial Banking	MA	1999	$2,200	4
18	UST Corp.	MA	2000	$5,930	87
19	Mellon Bank's mid-Atlantic retail franchise	PA/DE	2001	$16,400	345
20	Medford Bancorp Inc.	MA	2002	$1,400	19
21	Commonwealth Bancorp.	PA	2003	$1,800	60
22	Feitelberg Insurance (sold April 2006)	MA	2003	n/a	n/a
23	Port Financial Corp. (CambridgePort Bank)	MA	2003	$1,500	11
24	Community Bancorp	MA	2003	$457	10
25	Thistle Group Holdings, Co.	PA/DE	2004	$914	15
26	Charter One Financial, Inc.	OH	2004	$41,300	616
27	Credit card business of People's Bank (now called RBS Card Services)	CT	2004	$2,048	n/a
28	Lynk Systems, Inc. (Atlanta), RBS WorldPay, formerly RBS Lynk (sold 11-30-2010)	GA	2004	n/a	n/a
29	RBS Asset Finance, the US portion of RBS Lombard (acquired from the Royal Bank of Scotland Group plc)	IL	2006	$2,178	n/a
30	GreatBanc Inc.	IL	2007	$1,200	10

Citizens had three acquisitions in different decades that helped shape the momentum of the company before to the start of its significant growth spurt in 1988, the year RBS Citizens Financial Group, Inc. was acquired by The Royal Bank of Scotland Group,

Year	Description
1947	High Street Bank. (In 1948, it became Citizens Trust Co.) [Citizens Savings Bank bought a controlling interest in its original parent.]
1954	Greenville Trust Company (RI)
May 31, 1986	Gulf States Mortgage Company, Atlanta (GA)

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