North Carolina – Forsyth – Winston Salem
(NM) Commercial bank, state charter and Fed nonmember
inactive
North Carolina
Forsyth
Winston Salem
(NM) Commercial bank, state charter and Fed nonmember
inactive
26586
1986
FDIC Certificate Number: 26586
FDIC's unique number: 35290
The FDIC Field Office where an institution is physically located: Charlotte
Federal Reserve ID Number: 772521
Report Date: 1996-12-31
Bank Charter Class: NM
The date of the last data update: 1997-04-02
1986-03-03 Institution established. Original name: Salem Trust Bank.
1991-10-01 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1992-07-29 Moved bank headquarters from Winston-salem, North Carolina to Winston Salem, North Carolina.
1997-01-31 Merged into and subsequently operated as part of Central Carolina Bank and Trust Company in Durham, North Carolina.
1999-10-02 Acquired Stone Street Bank & Trust in Mocksville, North Carolina.
2000-06-17 Acquired American Federal Bank, Fsb in Greenville, South Carolina.
2001-11-19 Acquired Southbank in Anderson, South Carolina.
2001-12-31 Merged into and subsequently operated as part of National Bank of Commerce in Memphis, Tennessee.
2005-04-22 Merged into and subsequently operated as part of SunTrust Bank in Atlanta, Georgia.
2008-07-25 Acquired Gainesville Bank & Trust in Gainesville, Georgia.
2008-07-25 Acquired Community Trust Bank in Hiram, Georgia.
2008-07-25 Acquired First National Bank Of The South in Milledgeville, Georgia.
2008-07-25 Acquired United Bank & Trust Company in Rockmart, Georgia.
2008-07-25 Acquired Home Town Bank Of Villa Rica in Villa Rica, Georgia.
2008-07-25 Acquired First National Bank Of Gwinnett in Duluth, Georgia.
2008-07-25 Acquired Mountain State Bank in Dawsonville, Georgia.
2008-08-01 Acquired First Priority Bank in Bradenton, Florida as part of a government assisted transaction.
Total assets: $174,623,000
Total deposits: $154,989,000
Last updated on: 2011-10-20
No affiliations
No associations
LandOfFree
Salem Trust Bank does not yet have a rating. At this time, there are no reviews or comments for this bank.
If you have personal experience with Salem Trust Bank, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Salem Trust Bank will most certainly appreciate the feedback.
Profile ID: LFUS-BAB-P-20526