Coral Savings and Loan Association

Status:Inactive as of 01/25/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Coral Savings and Loan Association, F.A.
Headquarters:Coral Savings and Loan Association
3111 University Drive
Pompano Beach, FL 33065
Established:03/02/1987
FDIC Insurance:08/09/1989
FDIC Cert:#32523
Charter Class:
Total Assets:$32,197,000
Total Deposits:$31,658,000

History

1987-03-02Institution established: Original name:Coral Savings and Loan Association
1991-01-25Institution established: Original name:Coral Savings and Loan Association, F.A. (33300)
1991-01-25Failed, went into receivership, and then became part of Coral Savings and Loan Association, F.A. (33300)
1991-01-25Placed into government conservatorship.
1991-06-28Government conservatorship or bridge bank resolved.
1991-06-28Acquired after government financial assistance and subsequently operated as part of Bank of North America (33350)
1996-10-12Merged into and subsequently operated as part of BankAtlantic, A Federal Savings Bank (30559) in FORT LAUDERDALE, FL
2002-03-01Changed name to BankAtlantic (30559)
2002-03-22Acquired Community Savings, F. A. (30800) in NORTH PALM BEACH, FL
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-08-02Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
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 Bank (7579) in LITITZ, PA
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, 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