Area Bank
Status: | Inactive as of 07/12/2002 |
Merger - Without Assistance | |
Successor Bank: | Truist Bank |
Headquarters: | Area Bank 230 Frederica Street Owensboro, KY 42301 |
Established: | 01/02/1962 |
FDIC Insurance: | 01/02/1962 |
FDIC Cert: | #18478 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $2,540,706,000 |
Total Deposits: | $1,884,565,000 |
History
1962-01-02 | Institution established: Original name:Citizens State Bank of Lyon County | |
1973-10-16 | Changed name to The Bank of Lyon County | |
2000-08-18 | Changed name to Area Bank | |
2000-08-18 | Moved bank headquarters from EDDYVILLE, KY to OWENSBORO, KY | |
2000-08-18 | Acquired Dees Bank of Hazel (15236) in HAZEL, KY | |
2000-08-18 | Acquired Bank of Livingston County (273) in TILINE, KY | |
2000-10-02 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2000-10-02 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2000-10-02 | Acquired Southern Deposit Bank (271) in RUSSELLVILLE, KY | |
2000-10-02 | Acquired Citizens Deposit Bank (265) in CALHOUN, KY | |
2000-10-02 | Acquired First & Peoples Bank, Springfield, Kentucky (8764) in SPRINGFIELD, KY | |
2000-10-02 | Acquired HNB Bank, National Association (2696) in HARLAN, KY | |
2000-10-02 | Acquired Alliance Bank (30196) in SOMERSET, KY | |
2002-07-12 | Acquired Area Trust Company (14876) in OWENSBORO, KY | |
2002-07-12 | Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC | |
2002-07-12 | Acquired The Vine Street Trust Company (27375) in OWENSBORO, KY | |
2002-09-13 | Acquired Bank of Louisville (8778) in LOUISVILLE, KY | |
2002-11-08 | Acquired First South Bank (32570) in TALLAHASSEE, FL | |
2003-03-14 | Acquired Equitable Bank (31606) in WHEATON, MD | |
2003-10-11 | Acquired Farmers Bank of Maryland (4821) in ANNAPOLIS, MD | |
2003-10-11 | Acquired Atlantic Bank (21641) in OCEAN CITY, MD | |
2004-06-11 | Acquired Republic Bank (21350) in SAINT PETERSBURG, FL | |
2006-09-16 | Acquired Main Street Bank (9243) in COVINGTON, GA | |
2006-11-11 | Acquired The Home Bank (10303) in DUCKTOWN, TN | |
2006-11-11 | Acquired The Home Bank of Tennessee (34192) in MARYVILLE, TN | |
2006-11-11 | Acquired The Bank/First Citizens Bank (21498) in CLEVELAND, TN | |
2006-12-31 | Acquired Branch Banking and Trust Company of South Carolina (21098) in GREENVILLE, SC | |
2006-12-31 | Acquired Branch Banking and Trust Company of Virginia (22584) in RICHMOND, VA | |
2007-08-18 | Acquired Coastal Federal Bank (30683) in MYRTLE BEACH, SC | |
2008-12-12 | Acquired Haven Trust Bank (35379) in DULUTH, GA as part of a government assisted transaction. | |
2009-08-14 | Acquired Colonial Bank (9609) in MONTGOMERY, AL as part of a government assisted transaction. | |
2012-08-02 | Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL | |
2013-01-01 | Reorganized. | |
2013-01-01 | Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA | |
2013-05-01 | Reorganized. | |
2015-06-19 | Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY | |
2015-08-01 | Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA | |
2015-08-01 | Acquired Susquehanna Bank (7579) in LITITZ, PA | |
2015-08-01 | Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA | |
2016-04-01 | Acquired National Penn Bank (7414) in ALLENTOWN, PA | |
2019-12-07 | Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC | |
2019-12-07 | Acquired SunTrust Bank (867) in ATLANTA, GA | |
2019-12-07 | Changed name to Truist Bank (9846) |