when did first union merge everen
First Unionâs stock was listed on the New York Stock Exchange (NYSE) under the ticker symbol FTU. On September 1, 2001, First Union and Wachovia merged to create the leading retail bank presence on the East Coast and the fifth-largest full-service retail broker-dealer in the United States. The new company was named Wachovia Corporation. As of December 31, 2001, it held assets totaling $330 billion and stockholdersâ equity totaling $28 billion. In 2008, Wells Fargo & Company acquired Wachovia Corporation, including First Union.