# Shonai Bank

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**The Shonai Bank, Ltd.** (株式会社 荘内銀行, *Kabushikigaisha Shōnai Ginkō*) is a [Japanese regional bank](/source/Regional_bank_(Japan)) that is headquartered in [Tsuruoka](/source/Tsuruoka), [Yamagata Prefecture](/source/Yamagata_Prefecture). Since 2009, its shares have been 100% owned by [Fidea Holdings](/source/Fidea_Holdings).

The bank is relatively small, even among Japanese regional banks; it operates primarily in Yamagata, though it also operates branches in [Sendai](/source/Sendai,_Miyagi), [Tomiya](/source/Tomiya,_Miyagi), [Fukushima](/source/Fukushima,_Fukushima), [Akita](/source/Akita,_Akita) in neighboring prefectures, as well as in the capital of [Tokyo](/source/Tokyo). Unlike common banking practices, *Shogin*, as the bank is abbreviated in Japanese, maintains full teller-supported services on the weekends and holidays at all its branches.

## History

The Shonai Bank can trace its roots to the [Meiji era](/source/Meiji_era) when **The 67th National Bank** was established in 1878. In 1881, it merged with the 140th National Bank. The bank has merged with other local institutions, adopting its present name in 1941 through a merger with **Kazama Bank**, **Tsuruoka Bank**, and **Dewa Bank**. In 1943, it merged with Shonai Savings Bank.

On March 9, 2004, the government-sponsored *[Shoko Chukin Bank](/source/Shoko_Chukin_Bank)*, a financial institution that provides credit and loans to small and medium-sized enterprises, announced that it would carry out limited business cooperation with the bank in order to serve the small and medium enterprises of that area.

In February 2024, [Fidea Holdings](/source/Fidea_Holdings) announced that a committee had been set up to investigate the merger of the bank with [Hokuto Bank](/source/Hokuto_Bank), another Fidea owned institution. In November, a merger scheduled for 1 January 2027 was announced, with Shonai continuing and Hokuto dissolving.[1] The new Fidea Bank’s headquarters will be in the Shonai office.

## References

1. ["FIDEA HOLDINGS CO. LTD."](http://www.fidea.co.jp/en/). *www.fidea.co.jp*. Retrieved 2025-01-28.

## External links

- [Shonai Bank](http://www.shonai.co.jp/)
- [Google Finance](https://web.archive.org/web/20160405083024/http://www.google.com/finance?q=TYO:8347)
- [Hoovers Report](http://www.hoovers.com/company-information/cs/company-profile.SHONAI_BANKLTD_THE.71c129a68c238a07.html)

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Adapted from the Wikipedia article [Shonai Bank](https://en.wikipedia.org/wiki/Shonai_Bank) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Shonai_Bank?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.