Burnett Federal Savings Bank

Status:Inactive as of 10/02/1995
 Merger - Without Assistance
Successor Bank:The Bank of Kentucky, Inc.
Headquarters:Burnett Federal Savings Bank
1607 Eastern Avenue
Covington, KY 41014
Established:01/01/1887
FDIC Insurance:08/09/1989
FDIC Cert:#31696
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$12,227,000
Total Deposits:$10,606,000

History

1887-01-01Institution established: Original name:Burnett Building and Loan Association of Covington
1987-06-30Changed name to Burnett Federal Savings and Loan Association
1992-12-22Changed organization type to STOCK SAVINGS BANK
1992-12-22Changed name to Burnett Federal Savings Bank
1995-10-02Merged into and subsequently operated as part of The Bank of Kentucky, Inc. (33022) in FLORENCE, KY
1995-10-02Changed name to The Bank of Kentucky, Inc. (33022)
2000-01-12Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2000-04-10Moved bank headquarters from FLORENCE, KY to DRY RIDGE, KY
2000-06-15Acquired Fort Thomas Savings Bank, F.S.B. (30736) in FORT THOMAS, KY
2001-12-07Moved bank headquarters from DRY RIDGE, KY to FLORENCE, KY
2003-02-01Moved bank headquarters from FLORENCE, KY to CRESTVIEW HILLS, KY
2007-05-19Acquired First Bank of Northern Kentucky, Inc. (33556) in FORT MITCHELL, KY
2011-10-28Acquired United Kentucky Bank of Pendleton County, Inc. (33707) in FALMOUTH, KY
2015-06-19Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA
2015-08-01Acquired Semper Trust Company (33308) in KING OF PRUSSIA, 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 (1994-12-31 and Older)