Crocker National merged with the First National Bank of San Francisco, founded by James D. Phelan, in 1925 to form Crocker First National Bank.[1]
In 1956, Crocker First National Bank merged with the Anglo California National Bank (established by Herbert Fleishhacker) to form Crocker-Anglo Bank.[1] In 1963, Crocker-Anglo Bank merged with Los Angeles' Citizens National Bank, to become Crocker-Citizens Bank. and later, Crocker Bank.
Crocker Bank building, Los AngelesPicture of the Crocker Bank logo, as shown on a bank branch sign in the 1970s
In the 1970s and early 1980s, Crocker cultivated a reputation for customer service and convenience, including expanded hours. As a part of its promotional campaign, the bank gave "Crocker" Spaniel plush toys to parents who opened an account in the early 1980s. It was also one of the first California banks to offer automated teller machine service. One early television commercial showed a young businessman confidently using the machine, while speaking to it as if it were a person. He was followed by an elderly woman approaching it for the first time, and greeting it with a very uncertain "Hello."
Crocker National Bank was purchased by the British financial institution Midland Bank in 1981, but after a series of financial losses, it was sold to Wells Fargo Bank in 1986. Crocker's executive vice president and two-thirds of the top 70 executives lost their jobs because of the merger.[2]
Other historyedit
On April 21, 1975, a Carmichael, California branch of the bank in the Sacramento area was robbed by several members of the Symbionese Liberation Army. SLA member Emily Harris accidentally fired her shotgun (as she later said in a plea deal) and killed Myrna Opsahl, a 42-year-old customer and mother of four.[citation needed]
In popular cultureedit
Scott Adams worked at Crocker during his first years in the business world. He drew on this and other business experience when creating the Dilbert comic strip.[3]
Referencesedit
James Sterngold (January 17, 2002). "4 Former Radicals Are Charged In 1975 Killing in Bank Robbery". The New York Times. Retrieved 1 February 2011.
^ ab"Histories of Associate Members". California Historical Society Quarterly. 44 (1): 83–85. 1965. doi:10.2307/25155718. ISSN 0008-1175. JSTOR 25155718. Retrieved 2021-08-03.
^BRODER, JOHN M. (1986-05-27). "Wells Fargo Will Take Over 116-Year-Old Bank This Week : Crocker Nearly Gone but Not Forgotten". Los Angeles Times. ISSN 0458-3035. Retrieved 2018-08-04.
^Gondo, Nancy (May 20, 2014). "Dilbert's Scott Adams Satirizes His Way To Success". Investor's Business Daily. Retrieved 2017-03-24.
External linksedit
1970 famous wedding commercial featuring the song "We've Only Just Begun"
Nightclub opens in a former Crocker branch: Crocker Club
LA Times report on Crocker Bank history
Picture of the ornate lobby at Crocker Bank, Montgomery and Post Streets, San Francisco
November 27, 2023
crocker, national, bank, united, states, bank, headquartered, francisco, california, acquired, merged, into, wells, fargo, bank, 1986, logo, crocker, bank, prior, merger, with, wells, fargo, bank, contents, history, other, history, popular, culture, references. Crocker National Bank was a United States bank headquartered in San Francisco California It was acquired by and merged into Wells Fargo Bank in 1986 Logo of the Crocker Bank prior to its merger with Wells Fargo Bank Contents 1 History 2 Other history 3 In popular culture 4 References 5 External linksHistory editThe bank traces its history to the Woolworth National Bank in San Francisco Charles Crocker who was one of The Big Four of the Central Pacific Railroad and who constructed America s First transcontinental railroad acquired a controlling interest in Woolworth for his son William Henry Crocker The bank was renamed Crocker Woolworth National Bank later Crocker National Bank Crocker National merged with the First National Bank of San Francisco founded by James D Phelan in 1925 to form Crocker First National Bank 1 In 1956 Crocker First National Bank merged with the Anglo California National Bank established by Herbert Fleishhacker to form Crocker Anglo Bank 1 In 1963 Crocker Anglo Bank merged with Los Angeles Citizens National Bank to become Crocker Citizens Bank and later Crocker Bank nbsp Crocker Bank building Los Angeles nbsp Picture of the Crocker Bank logo as shown on a bank branch sign in the 1970sIn the 1970s and early 1980s Crocker cultivated a reputation for customer service and convenience including expanded hours As a part of its promotional campaign the bank gave Crocker Spaniel plush toys to parents who opened an account in the early 1980s It was also one of the first California banks to offer automated teller machine service One early television commercial showed a young businessman confidently using the machine while speaking to it as if it were a person He was followed by an elderly woman approaching it for the first time and greeting it with a very uncertain Hello Crocker National Bank was purchased by the British financial institution Midland Bank in 1981 but after a series of financial losses it was sold to Wells Fargo Bank in 1986 Crocker s executive vice president and two thirds of the top 70 executives lost their jobs because of the merger 2 Other history editOn April 21 1975 a Carmichael California branch of the bank in the Sacramento area was robbed by several members of the Symbionese Liberation Army SLA member Emily Harris accidentally fired her shotgun as she later said in a plea deal and killed Myrna Opsahl a 42 year old customer and mother of four citation needed In popular culture editScott Adams worked at Crocker during his first years in the business world He drew on this and other business experience when creating the Dilbert comic strip 3 References editJames Sterngold January 17 2002 4 Former Radicals Are Charged In 1975 Killing in Bank Robbery The New York Times Retrieved 1 February 2011 a b Histories of Associate Members California Historical Society Quarterly 44 1 83 85 1965 doi 10 2307 25155718 ISSN 0008 1175 JSTOR 25155718 Retrieved 2021 08 03 BRODER JOHN M 1986 05 27 Wells Fargo Will Take Over 116 Year Old Bank This Week Crocker Nearly Gone but Not Forgotten Los Angeles Times ISSN 0458 3035 Retrieved 2018 08 04 Gondo Nancy May 20 2014 Dilbert s Scott Adams Satirizes His Way To Success Investor s Business Daily Retrieved 2017 03 24 External links edit1970 famous wedding commercial featuring the song We ve Only Just Begun Nightclub opens in a former Crocker branch Crocker Club LA Times report on Crocker Bank history Picture of the ornate lobby at Crocker Bank Montgomery and Post Streets San Francisco Retrieved from https en wikipedia org w index php title Crocker National Bank amp oldid 1146943888, wikipedia, wiki, book, books, library,
