Acquisition History / First Nationwide Bank / California Federal Bank
First Nationwide Bank Acquires California Federal Bank
Announced January 1997 — $1.20B
What happened
California Federal Bank was a company, acquired by First Nationwide Bank for $1.2 billion.
- Acquirer
- First Nationwide Bank
- Target
- California Federal Bank
- Announced
- January 1997
- Price
- $1.20B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did First Nationwide Bank acquire California Federal Bank?
First Nationwide Bank acquired California Federal Bank on January 1997. This was First Nationwide Bank's 1st publicly tracked acquisition out of 1 we have on record.
How much did First Nationwide Bank pay for California Federal Bank?
First Nationwide Bank paid $1.20B for California Federal Bank.
What does California Federal Bank do?
California Federal Bank was a company, acquired by First Nationwide Bank for $1.2 billion.