First Union Corp.(Brief Article)(Company Profile)

Based in Charlotte, N. C., First Union became a major Sacramento employer when it acquired The Money Store in 1998. The Money Store, a national financial services company in its own right, has nearly 3,000 employees locally. First Union stock trades on the New York exchange under the symbol FTU.

 
                              Performance [1] 
                                  1996      1997      1998 
Revenue (billions)              $17.29    $18.68    $21.54 
Net income (billions)            $2.27     $2.71     $2.89 
Long-term debt (billions)       $11.60    $13.49    $22.95 
Assets (billions)              $197.34   $205.73   $237.36 
Return on assets …