January 29, 1999
BankAmerica Corp. agreed to buy Yorba Linda-based Fleetwood Credit Corp., a lender to buyers of recreational vehicles, from Associates First Capital Corp. as the largest U.S. bank expands its consumer finance group. The purchase will make BankAmerica the country's largest provider of loans for motor homes. Terms weren't disclosed.
March 5, 1999 |
NationsBank said Thursday it has completed its previously announced acquisition of Fleetwood Credit Corp., the recreational vehicle financing subsidiary of Associates First Capital Corp. Terms of the all-cash deal have not been disclosed. Fleetwood Credit, headquartered in Yorba Linda, is expected to retain its name and to be operated as a separate unit of the NationsBank Distribution Finance and Specialty Lending division unit, based in Alpharetta, Ga.