Alliance Bank

Status:Inactive as of 10/02/2000
 Merger - Without Assistance
Successor Bank:Area Bank
Headquarters:Alliance Bank
124 North Main St
Somerset, KY 42501
Established:01/01/1935
FDIC Insurance:08/09/1989
FDIC Cert:#30196
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$184,990,000
Total Deposits:$154,822,000

History

1935-01-01Institution established: Original name:Mutual Federal Savings and Loan Association
1990-03-01Changed organization type to MUTUAL SAVINGS BANK
1990-03-01Changed name to Mutual Federal Savings Bank
1993-10-29Changed organization type to STOCK SAVINGS BANK
1995-07-10Changed name to Alliance Bank, FSB
1999-01-19Changed organization type to COMMERCIAL BANK
1999-01-19Changed name to Alliance Bank
1999-01-19Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2000-10-02Acquired HNB Bank, National Association (2696) in HARLAN, KY
2000-10-02Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2000-10-02Acquired Southern Deposit Bank (271) in RUSSELLVILLE, KY
2000-10-02Acquired First & Peoples Bank, Springfield, Kentucky (8764) in SPRINGFIELD, KY
2000-10-02Acquired Citizens Deposit Bank (265) in CALHOUN, KY
2000-10-02Merged into and subsequently operated as part of Area Bank (18478) in OWENSBORO, KY
2002-07-12Acquired Area Trust Company (14876) in OWENSBORO, KY
2002-07-12Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2002-07-12Acquired The Vine Street Trust Company (27375) in OWENSBORO, KY
2002-09-13Acquired Bank of Louisville (8778) in LOUISVILLE, KY
2002-11-08Acquired First South Bank (32570) in TALLAHASSEE, FL
2003-03-14Acquired Equitable Bank (31606) in WHEATON, MD
2003-10-11Acquired Farmers Bank of Maryland (4821) in ANNAPOLIS, MD
2003-10-11Acquired Atlantic Bank (21641) in OCEAN CITY, MD
2004-06-11Acquired Republic Bank (21350) in SAINT PETERSBURG, FL
2006-09-16Acquired Main Street Bank (9243) in COVINGTON, GA
2006-11-11Acquired The Bank/First Citizens Bank (21498) in CLEVELAND, TN
2006-11-11Acquired The Home Bank (10303) in DUCKTOWN, TN
2006-11-11Acquired The Home Bank of Tennessee (34192) in MARYVILLE, TN
2006-12-31Acquired Branch Banking and Trust Company of South Carolina (21098) in GREENVILLE, SC
2006-12-31Acquired Branch Banking and Trust Company of Virginia (22584) in RICHMOND, VA
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
2013-01-01Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA
2013-01-01Reorganized.
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 Trust & Investment Company (35359) in LANCASTER, 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 WINSTON SALEM, NC to CHARLOTTE, NC
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA

Financial Information (1999-12-31 and Older)