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It merged with [[Sakura Bank]] on April 1, 2001 to form [[Sumitomo Mitsui Banking Corporation]].
The bank operated a U.S.-based [[subsidiary]], '''Sumitomo Bank of California''', which was founded in 1952 as a commercial lending institution catering to [[Japanese-Americans]].<ref>[http://findarticles.com/p/articles/mi_m0EIN/is_1996_Nov_25/ai_18895192 Statement From the President of Sumitomo Bank of California]</ref> The U.S. subsidiary was put up for sale in 1997.<ref>[http://findarticles.com/p/articles/mi_m5072/is_n50_v19/ai_20204843 Asian bank, sell-off seen as unlikely - Sumitomo Bank of California]</ref>
==References==
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