When did Bank of America buy Security Pacific?

Written by Editorial Team | Last Updated: August 2026

Bank of America officially finalized its landmark acquisition of Security Pacific Corporation on April 22, 1992. At the time of its execution, this massive multi-billion-dollar transaction stood as one of the largest banking mergers in American financial history, effectively uniting two powerhouse West Coast financial institutions and expanding Bank of America's retail and commercial operating scale across several western states.

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