Salem Trust Bank
Status: | Inactive as of 01/31/1997 |
Merger - Without Assistance | |
Successor Bank: | Central Carolina Bank and Trust Company |
Headquarters: | Salem Trust Bank 2140 Country Club Road Winston Salem, NC 27104 |
Established: | 03/03/1986 |
FDIC Insurance: | 03/03/1986 |
FDIC Cert: | #26586 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $174,623,000 |
Total Deposits: | $154,989,000 |
History
1986-03-03 | Institution established: Original name:Salem Trust Bank | |
1991-10-01 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1992-07-29 | Moved bank headquarters from WINSTON-SALEM, NC to WINSTON SALEM, NC | |
1997-01-31 | Merged into and subsequently operated as part of Central Carolina Bank and Trust Company (2033) in DURHAM, NC | |
1999-10-02 | Acquired Stone Street Bank & Trust (27791) in MOCKSVILLE, NC | |
2000-06-17 | Acquired American Federal Bank, FSB (28574) in GREENVILLE, SC | |
2001-11-19 | Acquired SouthBank (28855) in ANDERSON, SC | |
2001-12-31 | Merged into and subsequently operated as part of National Bank of Commerce (4978) in MEMPHIS, TN | |
2005-04-22 | Acquired NBC Bank, FSB (28880) in MEMPHIS, TN | |
2005-04-22 | Acquired National Bank of Commerce (4978) in MEMPHIS, TN | |
2005-04-22 | Acquired SunTrust BankCard, National Association (33817) in ORLANDO, FL | |
2005-04-22 | Merged into and subsequently operated as part of SunTrust Bank (867) in ATLANTA, GA | |
2008-07-25 | Acquired First National Bank of Gwinnett (35409) in DULUTH, GA | |
2008-07-25 | Acquired Mountain State Bank (57507) in DAWSONVILLE, GA | |
2008-07-25 | Acquired Community Trust Bank (27163) in HIRAM, GA | |
2008-07-25 | Acquired First National Bank of the South (27543) in MILLEDGEVILLE, GA | |
2008-07-25 | Acquired United Bank & Trust Company (32739) in ROCKMART, GA | |
2008-07-25 | Acquired Home Town Bank of Villa Rica (34391) in VILLA RICA, GA | |
2008-07-25 | Acquired Gainesville Bank & Trust (27158) in GAINESVILLE, GA | |
2008-08-01 | Acquired First Priority Bank (57523) in BRADENTON, FL as part of a government assisted transaction. | |
2019-12-07 | Merged into and subsequently operated as part of Truist Bank (9846) in CHARLOTTE, NC | |
2019-12-07 | Changed name to Truist Bank (9846) |