Vantagesouth Bank

Status:Inactive as of 2014-07-04
 Absorption - Without Assistance
Successor Bank:Yadkin Bank
Headquarters:Vantagesouth Bank
1005 High House Road
Cary, NC 27513
FDIC Insurance:1998-12-31
FDIC Cert:#35006
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:41
Total Assets:$2,137,905,000
Total Deposits:$1,680,306,000


1998-12-31Institution established: Original name:Crescent State Bank
2003-08-30Acquired Centennial Bank (35283) in SOUTHERN PINES, NC
2007-06-16Acquired Port City Capital Bank (57350) in WILMINGTON, NC
2012-12-01Acquired VantageSouth Bank (58136) in BURLINGTON, NC
2012-12-01Changed name to Vantagesouth Bank
2013-04-01Acquired The East Carolina Bank (2017) in ENGELHARD, NC
2014-07-04Merged into and subsequently operated as part of Yadkin Bank (19861) in STATESVILLE, NC
2014-07-04Moved bank headquarters from CARY, 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 (2014-06-30 and Older)