Merchants & Farmers Bank

Status:Inactive as of 10/01/1973
 Merger - Without Assistance
Successor Bank:Southern Bank and Trust Company
Headquarters:Merchants & Farmers Bank
Main Street
Macclesfield, NC 27852
Established:01/18/1916
FDIC Insurance:01/01/1934
FDIC Cert:#11854
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC

History

1916-01-18Institution established: Original name:Merchants & Farmers Bank
1973-10-01Merged into and subsequently operated as part of Southern Bank and Trust Company (15359) in MOUNT OLIVE, NC
1986-12-29Acquired Tarheel Bank & Trust Co. (14544) in GATESVILLE, NC
1993-07-10Acquired Citizens Savings Bank, Inc. (28140) in ROCKY MOUNT, NC
1998-05-15Acquired Enfield Savings Bank, Inc., SSB (28313) in ENFIELD, NC
2011-09-23Acquired Bank of the Commonwealth (20408) in NORFOLK, VA as part of a government assisted transaction.
2013-07-01Acquired The Heritage Bank (8939) in LUCAMA, NC
2016-02-01Acquired Heritage Bank (22411) in NORFOLK, VA