Merchants Bank of Alabama
Status: | Inactive as of 01/05/2022 |
Merger - Without Assistance | |
Successor Bank: | SouthPoint Bank |
Headquarters: | Merchants Bank of Alabama 900 2nd Ave Sw Cullman, AL 35055 |
Established: | 01/01/1907 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #46 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $382,952,000 |
Total Deposits: | $345,793,000 |
History
1907-01-01 | Institution established: Original name:The Merchants Bank | |
1970-11-17 | Changed name to Merchants Bank | |
2006-05-24 | Moved bank headquarters from HANCEVILLE, AL to CULLMAN, AL | |
2006-06-19 | Changed name to Merchants Bank of Alabama | |
2022-01-05 | Merged into and subsequently operated as part of SouthPoint Bank (58088) |