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First Federal Savings and Loan Association

Status:Inactive as of 12/07/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:First Federal Savings Association of Raleigh
Headquarters:First Federal Savings and Loan Association
300 South Salisbury St
Raleigh, NC 27601
Established:12/06/1937
FDIC Insurance:12/06/1937
FDIC Cert:#29958
Charter Class:
Total Assets:$520,377,000
Total Deposits:$427,460,000

History

1937-12-06Institution established: Original name:First Federal Savings and Loan Association
1990-12-07Institution established: Original name:First Federal Savings Association of Raleigh (33276)
1990-12-07Placed into government conservatorship.
1990-12-07Failed, went into receivership, and then became part of First Federal Savings Association of Raleigh (33276)
1992-03-06Acquired after government financial assistance and subsequently operated as part of Centura Bank (33184)
1992-03-06Government conservatorship or bridge bank resolved.
1993-01-01Acquired Orange Federal Savings and Loan Association (30521) in CHAPEL HILL, NC
1993-04-16Acquired Brevard Federal Savings and Loan Association (29996) in BREVARD, NC
1993-07-31Acquired Granite Savings Bank, SSB (28069) in GRANITE FALLS, NC
1993-10-08Acquired First American Federal Savings Bank (33608) in GREENSBORO, NC as part of a government assisted transaction.
1993-10-15Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1993-10-15Acquired First Savings Bank of Forest City, S.S.B. (28070) in FOREST CITY, NC
1993-12-31Acquired Robeson Savings Bank, Inc., SSB (30404) in LUMBERTON, NC
1993-12-31Acquired Canton Savings Bank, SSB (29928) in CANTON, NC
1993-12-31Acquired First Charlotte Bank and Trust Company (24767) in CHARLOTTE, NC
1994-06-04Acquired Mid-South Bank and Trust Company (21652) in SANFORD, NC
1995-03-30Acquired Cleveland Federal Bank, a Savings Bank (30333) in SHELBY, NC
1995-06-03Acquired First Southern Savings Bank, S.S.B (28188) in ASHEBORO, NC
1996-02-28Acquired First Commercial Bank (24427) in ASHEVILLE, NC
1996-08-19Acquired First Community Bank (27049) in GASTONIA, NC
1996-10-26Acquired FirstSouth Bank (27245) in BURLINGTON, NC
1998-03-28Acquired Pee Dee State Bank (15030) in TIMMONSVILLE, SC
1999-02-06Acquired Scotland Savings Bank, SSB (28525) in LAURINBURG, NC
1999-03-26Acquired First Coastal Bank (29551) in VIRGINIA BEACH, VA
2000-02-19Acquired Triangle Bank (27145) in RALEIGH, NC
2000-02-19Acquired Bank of Mecklenburg (27553) in CHARLOTTE, NC
2001-06-18Moved bank headquarters from RALEIGH, NC to ROCKY MOUNT, NC
2001-10-30Changed name to RBC Centura Bank (33184)
2002-06-01Acquired Security First Network Bank (35080) in ATLANTA, GA
2002-07-22Acquired Tucker Federal Bank (30921) in TUCKER, GA
2003-04-26Acquired Admiralty Bank (26973) in PALM BEACH GARDENS, FL
2006-10-12Moved bank headquarters from ROCKY MOUNT, NC to RALEIGH, NC
2006-12-09Acquired FLAG Bank (186) in ATLANTA, GA
2008-04-05Changed name to RBC Bank (USA) (33184)
2008-04-12Acquired Millennium Bank (34946) in GAINESVILLE, FL
2008-04-12Acquired Community Bank of Naples, National Association (35088) in NAPLES, FL
2008-04-12Acquired Cypress Coquina Bank (35108) in ORMOND BEACH, FL
2008-04-12Acquired Florida Choice Bank (34954) in MOUNT DORA, FL
2008-04-12Acquired Indian River National Bank (26018) in VERO BEACH, FL
2008-04-12Acquired Georgia State Bank (26651) in MABLETON, GA
2008-04-12Acquired The Peachtree Bank (34559) in DULUTH, GA
2008-06-21Acquired First American Bank (23577) in BIRMINGHAM, AL
2008-06-21Acquired Alabama Exchange Bank (15696) in TUSKEGEE, AL
2012-03-02Merged into and subsequently operated as part of PNC Bank, National Association (6384) in WILMINGTON, DE
2012-09-04Reorganized.