HSBC Bank USA is a subsidiary of the UK-based HSBC. It has its operational headquarters in New York City and a nominal head office in McLean, Virginia. Officially, the bank is known as HSBC Bank USA, National Association. It’s a national bank governed by the Office of the Comptroller of the Currency (OCC) and chartered under the National Bank Act. It has 230 locations currently.
What time does HSBC Bank USA open?
|Monday||09:00 AM – 05:00 PM|
|Tuesday||09:00 AM – 05:00 PM|
|Wednesday||09:00 AM – 05:00 PM|
|Thursday||09:00 AM – 05:00 PM|
|Friday||09:00 AM – 06:00 PM|
Is HSBC Bank USA open today? Is HSBC Bank USA open tomorrow?
Is HSBC Bank USA open on Saturdays and Sundays? No, it’s closed.
HSBC Bank USA closing time
What time does HSBC Bank USA close? Usually, it closes at 05:00 PM.
HSBC Bank USA is a bank that owes its size and presence today to multiple acquisitions and mergers. The Hongkong and Shanghai Banking Corporation bought a 51% controlling interest in Marine Midland Bank back in 1980. Marine Midland Bank had its headquartered in Buffalo, New York.
HSBC then acquired the remaining interest in the Marine Midland Bank. Both companies continued to run the bank under its original name. In 1998, they rebranded all offices to HSBC Bank.
Four years before the re-branding, Marine Midland had bought Spectrum Home Mortgage which operated in 8 states. In 1995, the bank bought United Northern Federal Savings Bank which had branches in Lowville and Watertown, New York. Marine Midland also bought 6 of The HSBC’s retail branches that were located in New York. It added two of Hang Seng Bank’s New York branches the following year.
More acquisitions followed. Marine Midland added 11 branches to its portfolio which had belonged to the East River Savings Bank. The same year, the company bought JPMorgan Chase’s US dollar clearing business.
In the same period, HSBC gave out two of its branches located in the northwestern United States to HSBC Bank Canada. Marine Midland purchased Canada Trust’s First Federal Savings and Loan branch that was based in Toronto.
This saw Marine Midland acquire assets worth $7.2 billion, 79 New York-based retail branches, 15 mortgage origination offices and 1,600 employees. More acquisitions followed in subsequent years. Marine Midland bought First Commercial Bank of Philadelphia in 1998, Republic New York in 1999.
The company then moved its operations to the current HSBC Tower located in Fifth Avenue from the Buffalo-based One HSBC Center head office. In 2004, it sold two of its branches in New York to City National Bank & Trust Co. New York-based branches were not enough to derive economies of scale.
By end of 2011, HSBC had sold the major parts of Marine Midland. The bank announced new plans to open new branches in 2019. One branch would be located in Depew, New York. It also announced plans to open new a new branch in Western New York in early 2020. The bank is yet to release the official opening date.
HSBC Bank USA Holiday Hours – Open
|February 14||Valentine’s Day|
|March 5||Mardi Gras Fat Tuesday|
|March 17||St. Patrick’s Day|
|April 19||Good Friday|
|April 21||Easter Sunday|
|April 22||Easter Monday|
|May 5||Cinco de Mayo|
|June 16||Father’s Day|
|May 12||Mother’s Day|
|November 29||Black Friday|
|December 24||Christmas Eve|
HSBC Bank USA Holiday Hours – Closed
|December 25||Christmas Day|
|September 02||Labor Day|
|October 14||Columbus Day|
|February 18||President’s Day|
|May 27||Memorial Day|
|July 04||Independence Day|
|January 21||Martin Luther King Jr. Day|
|November 11||Veterans Day|
|November 28||Thanksgiving Day|
|January 01||New Year’s Day|
HSBC Bank USA near me
HSBC Bank USA locator
HSBC Bank USA, National Association offers current and saving accounts, online banking, mortgage and non-mortgage loan facilities, investment and financial services, and issues business and credit card loans to its customers. The bank serves clients from all over the world.
With over 40 million clients and customers across the world, HSBC is one of the largest financial and banking organizations currently in operation. It serves its customers through three global businesses: Commercial Banking, Global Banking and Markets, and Wealth and Personal Banking.
HSBC provides both online banking and traditional investment and banking services. Its online operation offers higher interest rates on deposit accounts and is able to serve those that want the convenience of a traditional bank with better interest rates for savings.
Is HSBC bank a US bank?
HSBC Bank USA, National Association, an American subsidiary of multinational company HSBC, is a bank with its operational head office in New York City and its nominal head office in McLean, Virginia (as designated on its charter).
Is HSBC a US financial institution?
HSBC USA Inc. is a U.S. bank holding company whose principal subsidiary is HSBC Bank USA N.A. HSBC Bank USA, N.A. is a federally chartered bank that is a member bank of the Federal Deposit Insurance Corporation (FDIC) and is regulated by the Office of the Comptroller of the Currency (OCC).
Which country belongs HSBC bank?
HSBC Holdings PLC, bank holding company based in London that originated as the Hongkong and Shanghai Banking Corporation, Ltd., in 1865, with offices in Hong Kong, Shanghai, and London. It was established at a time of growing trade between China, India, and Europe.
Is HSBC International bank?
One of the world’s leading international banks
We’ve been around for over 150 years and we’ve won industry awards around the world for our customer service.
Can I open HSBC account in USA?
As an international bank, HSBC can connect you to a world of possibilities and help you navigate your financial commitments both in the U.S. and abroad. We make it easier to open U.S. accounts from the comfort of your home.
How many countries is HSBC?
Our network covers 64 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America. Our purpose – Opening up a world of opportunity – explains why we exist.
Is HSBC part of Chase?
HSBC is a large multi-national bank that focuses on banking and wealth management services for international high net worth clients.
Is HSBC a Canadian bank?
Today, HSBC Bank Canada is the seventh largest bank overall and a leading international bank in Canada.
Is HSBC a European bank?
HSBC Bank plc is a British multinational banking and financial services organisation. HSBC’s international network comprises around 7,500 offices in over 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
Is HSBC leaving the UK?
The lender will be left with 441 UK branches after the closures, it said, though only 96 offering a full range of services – mainly based in large cities and towns.
Can I use my HSBC account in another country?
Using your card abroad
Pack your HSBC debit and credit cards and use them in the same way you would at home.
Is HSBC bank a good bank?
HSBC is a huge bank with a solid reputation. It could be for you if you’re looking for a bank with a huge global presence. High net worth individuals also have more of an incentive with premium service and better loan rates.
What UK banks have branches in USA?
HSBC, a British bank, has branches in the United States.
Is HSBC accepted everywhere?
International banking options: HSBC has branches and ATMs in more than 64 countries. U.S. customers can access any HSBC ATM in the world, as well as count on service and support at HSBC branches wherever they are located.
Does HSBC charge for international transactions?
The fee will be a percentage of the value of what you’re buying. For HSBC customers, this is 2.75% for debit cards and 2.99% for credit cards.
How big is HSBC in USA?
HSBC Bank USA, National Association (HSBC Bank USA, N.A.), with total assets of US$203.7bn as of 30 September 2016 (US GAAP), serves 2.4 million customers through retail banking and wealth management, commercial banking, private banking, asset management, and global banking and markets segments.
Is HSBC owned by China?
It is owned by the Hongkong and Shanghai Banking Corporation Limited, the founding member of the HSBC Group, which was established in Hong Kong and Shanghai in 1865. HSBC China incorporated the previous Mainland offices of its parent.
Is HSBC a Hong Kong bank?
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. Established in 1865 to finance the growing trade between Asia and Europe, it has become the biggest bank incorporated in Hong Kong.
Is HSBC a citizen now?
HSBC branches now rebranded as Citizens
(NYSE: CFG or “Citizens”) today announced the closing of its previously announced acquisition of 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A. , N.A. (“HSBC”), effective February 18.
Who is buying HSBC USA?
The lender agreed to sell 80 of its branches to Citizens Financial Group Inc., a Providence, Rhode Island-based regional lender. Citizens will pick up about $9 billion in deposits and $2.2 billion in loans as part of the deal. The price wasn’t disclosed.
What is HSBC bank stand for?
The Hongkong and Shanghai Banking Corporation Limited opened in Hong Kong on 3 March 1865 and in Shanghai one month later. It was the first locally owned bank to operate according to Scottish banking principles. By 1875 HSBC was present in seven countries across Asia, Europe and North America.