American Community Bank

Status:Inactive as of 04/17/2009
 Merger - Without Assistance
Successor Bank:Yadkin Bank
Headquarters:American Community Bank
2593 West Roosevelt Boulevard
Monroe, NC 28110
Established:11/16/1998
FDIC Insurance:11/16/1998
FDIC Cert:#34868
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$538,688,000
Total Deposits:$441,036,000

History

1998-11-16Institution established: Original name:American Community Bank
2005-04-01Acquired First National Bank of the Carolinas (34237) in GAFFNEY, SC
2009-04-17Merged into and subsequently operated as part of Yadkin Valley Bank and Trust Company (19861) in ELKIN, NC
2013-05-28Changed name to Yadkin Bank (19861)
2014-07-04Acquired Vantagesouth Bank (35006) in CARY, NC
2014-07-04Moved bank headquarters from ELKIN, NC to STATESVILLE, NC
2016-01-28Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-03-01Acquired NewBridge Bank (16799) in GREENSBORO, NC
2017-03-11Merged into and subsequently operated as part of First National Bank of Pennsylvania (7888) in GREENVILLE, PA

Financial Information (2009-03-31 and Older)