Home Savings Bank of Albemarle, SSB

Status:Inactive as of 04/01/2014
 Merger - Without Assistance
Successor Bank:Bank of North Carolina
Headquarters:Home Savings Bank of Albemarle, SSB
103 North Second Street
Albemarle, NC 28001
Established:01/01/1911
FDIC Insurance:08/09/1989
FDIC Cert:#30668
Charter Class:
Total Assets:$277,786,000
Total Deposits:$237,042,000

History

1911-01-01Institution established: Original name:Home Savings and Loan Association
1992-10-28Changed organization type to MUTUAL SAVINGS BANK
1992-10-28Changed name to Home Savings Bank of Albemarle, SSB
1996-10-02Changed organization type to STOCK SAVINGS BANK
2014-04-01Merged into and subsequently operated as part of Bank of North Carolina (33527) in THOMASVILLE, NC
2014-06-01Acquired Harrington Bank, FSB (57262) in CHAPEL HILL, NC
2014-12-01Acquired Harbor National Bank (58219) in CHARLESTON, SC
2015-07-01Acquired Valley Bank (34019) in ROANOKE, VA
2016-06-17Acquired SouthCoast Community Bank (34774) in MOUNT PLEASANT, SC
2016-09-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-11-01Acquired High Point Bank and Trust Company (12267) in HIGH POINT, NC
2017-06-16Merged into and subsequently operated as part of Pinnacle Bank (35583) in NASHVILLE, TN

Financial Information (2014-03-31 and Older)