Coastal Federal Bank
Status: | Inactive as of 08/18/2007 |
Merger - Without Assistance | |
Successor Bank: | Truist Bank |
Headquarters: | Coastal Federal Bank 2619 North Oak Street Myrtle Beach, SC 29577 |
Established: | 01/11/1954 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #30683 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $1,761,280,000 |
Total Deposits: | $940,260,000 |
History
1954-01-11 | Institution established: Original name:Coastal Federal Savings and Loan Association | |
1989-05-31 | Changed organization type to MUTUAL SAVINGS BANK | |
1989-05-31 | Changed name to Coastal Federal Savings Bank | |
1991-01-31 | Changed organization type to STOCK SAVINGS BANK | |
2001-09-20 | Changed name to Coastal Federal Bank | |
2007-08-18 | Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC | |
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 | Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA | |
2013-01-01 | Reorganized. | |
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 Trust & Investment Company (35359) in LANCASTER, PA | |
2015-08-01 | Acquired Susquehanna Bank (7579) in LITITZ, 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) |