Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Bank notes

Published on .

1999 Wal-Mart's purchase of Federal Bank Centre is blocked by passage of Gramm-Leach-Bliley legislation prohibiting ownership of thrifts by commercial entities.

2001 Wal-Mart plans to offer banking at checkout lanes and open branches inside locations through partnership with Toronto-Dominion Bank. Office of Thrift Supervision blocks move, citing control issues.

2002 Retailer plans to acquire Franklin Bank in Orange County, Calif., and open six branches to provide traditional banking services. Blocked by state legislation.

Most Popular
In this article: