BANK OF BOSTON

Bank of Boston is an American bank holding company based in Boston, Massachusetts. Bank of Boston conducted business with individual and commercial customers in the areas of finance, banking, and trust services. Subsidiaries of the corporation provided numerous services, including lending, cash-management programs, payroll processing, equipment leasing, and data processing. They also offered money-market operations, trust, and agency services, factoring, mortgage banking, venture-capital fi... nancing, and commercial finance. The Bank of Boston Corporation was formed in 1970 as the First National Boston Corporation. A re-organization followed that merged First National Bank of Boston and Old Colony Trust Company into the newly formed Massachusetts Bank NA, which then assumed the name First National Bank of Boston. It was renamed the Bank of Boston, N.A., in 1982 and became BankBoston Corporation in 1997. After the company was acquired in 1999 by another leading New England banking firm, Fleet Financial Group, the newly formed company, FleetBoston Financial, was acquired by Bank of America in 2004.More