Industrial Bank of Lexington

Status:Inactive as of 09/21/1970
 Merger - Without Assistance
Successor Bank:Security Capital Bank
Headquarters:Industrial Bank of Lexington
Main Street
Lexington, NC 27292
Established:01/01/1928
FDIC Insurance:01/01/1934
FDIC Cert:#9841
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC

History

1928-01-01Institution established: Original name:Industrial Bank of Lexington
1970-09-21Merged into and subsequently operated as part of Security Bank and Trust Company (9859) in SALISBURY, NC
1972-05-08Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1994-06-01Reorganized.
1994-09-25Changed name to Security Capital Bank (9859)
1994-09-25Acquired First Federal Savings and Loan Association of Charlotte (30113) in CHARLOTTE, NC
1995-05-20Merged into and subsequently operated as part of Central Carolina Bank and Trust Company (2033) in DURHAM, NC
1995-05-20Acquired OMNIBANK, INC., A State Savings Bank, SSB (29237) in SALISBURY, NC
1995-05-20Reorganized.
1996-03-25Reorganized.
1996-10-04Acquired Graham Savings Bank, Inc., SSB (30508) in GRAHAM, NC
1997-01-31Acquired Salem Trust Bank (26586) in WINSTON SALEM, NC
1999-10-02Acquired Stone Street Bank & Trust (27791) in MOCKSVILLE, NC
2000-06-17Acquired American Federal Bank, FSB (28574) in GREENVILLE, SC
2001-11-19Acquired SouthBank (28855) in ANDERSON, SC
2001-12-31Merged into and subsequently operated as part of National Bank of Commerce (4978) in MEMPHIS, TN
2005-04-22Acquired SunTrust BankCard, National Association (33817) in ORLANDO, FL
2005-04-22Merged into and subsequently operated as part of SunTrust Bank (867) in ATLANTA, GA
2005-04-22Acquired National Bank of Commerce (4978) in MEMPHIS, TN
2005-04-22Acquired NBC Bank, FSB (28880) in MEMPHIS, TN
2008-07-25Acquired Mountain State Bank (57507) in DAWSONVILLE, GA
2008-07-25Acquired First National Bank of Gwinnett (35409) in DULUTH, GA
2008-07-25Acquired First National Bank of the South (27543) in MILLEDGEVILLE, GA
2008-07-25Acquired United Bank & Trust Company (32739) in ROCKMART, GA
2008-07-25Acquired Home Town Bank of Villa Rica (34391) in VILLA RICA, GA
2008-07-25Acquired Community Trust Bank (27163) in HIRAM, GA
2008-07-25Acquired Gainesville Bank & Trust (27158) in GAINESVILLE, GA
2008-08-01Acquired First Priority Bank (57523) in BRADENTON, FL as part of a government assisted transaction.
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Merged into and subsequently operated as part of Truist Bank (9846) in CHARLOTTE, NC