Commercial Bank of Florida

Status:Inactive as of 06/08/2007
 Merger - Without Assistance
Successor Bank:Colonial Bank
Headquarters:Commercial Bank of Florida
1550 S.W. 57th Avenue
Miami, FL 33144
Established:02/21/1979
FDIC Insurance:02/21/1979
FDIC Cert:#22813
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$1,031,678,000
Total Deposits:$844,978,000

History

1979-02-21Institution established: Original name:Sunset Commercial Bank
1989-01-01Changed name to Commercial Bank of Florida
2007-06-08Merged into and subsequently operated as part of Colonial Bank, National Association (9609) in MONTGOMERY, AL
2007-12-13Acquired Citrus and Chemical Bank (17283) in BARTOW, FL
2008-06-10Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2008-06-10Changed name to Colonial Bank (9609)
2008-06-10Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2009-08-14Failed. Acquired with government financial assistance and subsequently operated as part of Branch Banking and Trust Company (9846)
2012-08-02Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL
2013-01-01Reorganized.
2013-01-01Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA
2013-05-01Reorganized.
2015-06-19Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA
2015-08-01Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA
2015-08-01Acquired Susquehanna Bank (7579) in LITITZ, PA
2016-04-01Acquired National Penn Bank (7414) in ALLENTOWN, PA
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Moved bank headquarters from MONTGOMERY, AL to CHARLOTTE, NC
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA

Financial Information (2007-03-31 and Older)