BANKING & FINANCE - Oct. 4, 1993
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Times Staff and Wire Reports
Regional Banks Said to Be Merging: Keycorp of Albany and Society Corp. of Cleveland, two fast-growing regional banks, are expected to announce a merger that would create the nation’s 10th-largest banking company, according to published reports. Together, the companies would have more than $58 billion in assets and about 100 branches stretching from Maine to Alaska. Keycorp and Society are the nation’s 25th- and 29th-largest banks, respectively. It was not clear which company would be the survivor after the merger.
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