Peoples Bank of Pound

Status:Inactive as of 01/10/1987
 Merger - Without Assistance
Successor Bank:First Virginia Bank of the Cumberlands
Headquarters:Peoples Bank of Pound
Main Street
Pound, VA 24279
Established:10/15/1946
FDIC Insurance:10/15/1946
FDIC Cert:#16515
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$42,971,000
Total Deposits:$39,291,000

History

1946-10-15Institution established: Original name:Peoples Bank of Pound
1987-01-10Changed name to First Virginia Bank of the Cumberlands (21836)
1987-01-10Merged into and subsequently operated as part of First Virginia Bank of the Cumberlands (21836) in CLINTWOOD, VA
1990-05-19Changed name to First Virginia Bank - Mountain Empire (9982)
1990-05-19Merged into and subsequently operated as part of First Virginia Bank - Mountain Empire (9982) in DAMASCUS, VA
1997-09-25Moved bank headquarters from DAMASCUS, VA to ABINGDON, VA
1997-10-20Acquired Premier Bank-Central, National Association (20619) in HONAKER, VA
2000-06-24Changed name to First Vantage Bank /Tri-Cities (9982)
2000-06-24Acquired Tri-City Bank and Trust Company (10302) in BLOUNTVILLE, TN
2000-06-24Moved bank headquarters from ABINGDON, VA to BRISTOL, VA
2003-10-10Acquired First Vantage Bank /Tri-Cities (9982) in BRISTOL, VA
2003-10-10Acquired First Virginia Bank - Blue Ridge (6134) in STAUNTON, VA
2003-10-10Acquired First Virginia Bank-Southwest (20877) in ROANOKE, VA
2003-10-10Acquired First Virginia Bank - Hampton Roads (6141) in NORFOLK, VA
2003-10-10Acquired First Virginia Bank - Colonial (20450) in RICHMOND, VA
2003-10-10Merged into and subsequently operated as part of Branch Banking and Trust Company of Virginia (22584) in RICHMOND, VA
2003-10-10Acquired First Virginia Bank (17092) in FALLS CHURCH, VA
2006-12-31Acquired Branch Banking and Trust Company of South Carolina (21098) in GREENVILLE, SC
2006-12-31Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2007-08-18Acquired Coastal Federal Bank (30683) in MYRTLE BEACH, SC
2008-12-12Acquired Haven Trust Bank (35379) in DULUTH, GA as part of a government assisted transaction.
2009-08-14Acquired Colonial Bank (9609) in MONTGOMERY, AL as part of a government assisted transaction.
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 Semper Trust Company (33308) in KING OF PRUSSIA, PA
2015-08-01Acquired Susquehanna Bank (7579) in LITITZ, PA
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA
2016-04-01Acquired National Penn Bank (7414) in ALLENTOWN, PA
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC