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12 Facts About Firstar

1.

In 2001, Firstar acquired US Bancorp and assumed its name, moving its headquarters to Minneapolis.

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2.

In February 1989, Firstar announced the pending acquisition of the Elkhorn-based Elkhorn Bankshares Corporation for an undisclosed amount.

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3.

In September 1991, Firstar announced the pending acquisition of the Wauwatosa-based Federated Bank for $33 million in cash and stock.

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4.

In February 1994, Firstar announced the pending acquisition of the Franksville-based First Southeast Banking Corporation with its First Southeast Bank subsidiary for $55.

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5.

In January 1990, Firstar announced the pending acquisition of the St Louis Park-based First Western Bank with five branch offices for an undisclosed amount.

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6.

In January 1996, Firstar announced the pending acquisition of Saint Paul-based American Bancorporation for $220 million in stock and cash.

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7.

In February 1989, Firstar announced the pending acquisition of Phoenix-based Metro Bancorp with its two branch office Metropolitan Bank subsidiary for an undisclosed amount.

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8.

In July 1995, Firstar announced the pending acquisition of Dubuque-based Harvest Financial Corporation with its Harvest Savings Bank subsidiary for $32.

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9.

At the time of the announcement, Firstar had banking offices in Wisconsin, Illinois, Minnesota, Arizona, Iowa, Ohio, and Missouri while Star Banc had banking offices in Ohio, Indiana, Kentucky, and Tennessee.

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10.

Just five months later the newly combined Firstar announced in May 1999 the pending acquisition of St Louis-based Mercantile Bancorporation for $10.

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11.

In October 2000, Firstar announced the pending acquisition of US Bancorp of Minneapolis, Minnesota for $21 Billion in stock.

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12.

Under the merger agreement, Jerry Grundhofer, president and chief executive officer of Firstar, would continue in those positions in the combined company while his older brother, John Grundhofer, chairman, president and chief executive officer of US Bancorp, would serve as chairman of the board in the combined company until his planned retirement on December 31,2002.

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