Salem Trust Bank

North Carolina – Forsyth – Winston Salem

(NM) Commercial bank, state charter and Fed nonmember

inactive

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Details

(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

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Profile ID: LFUS-BAB-P-20526

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