Seabank Federal Savings Bank

Status:Inactive as of 12/19/1989
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:First Citizens Bank and Trust Company, Inc.
Headquarters:Seabank Federal Savings Bank
7400 North Kings Highway
Myrtle Beach, SC 29577
Established:09/20/1989
FDIC Insurance:09/20/1989
FDIC Cert:#32800
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$32,648,000
Total Deposits:$34,104,000

History

1989-09-20Institution established: Original name:Seabank Federal Savings Bank
1989-09-20Acquired Seabank Savings, FSB (32231) in MYRTLE BEACH, SC
1989-12-19Acquired after government financial assistance and subsequently operated as part of First-Citizens Bank and Trust Company of South Carolina (15504)
1989-12-19Government conservatorship or bridge bank resolved.
1992-12-04Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1994-06-03Acquired Cooper River Federal Savings Association (33606) in NORTH CHARLESTON, SC as part of a government assisted transaction.
1995-09-22Acquired Summerville National Bank (26249) in SUMMERVILLE, SC
2003-04-01Acquired The Bank of Toccoa (11296) in TOCCOA, GA
2003-04-01Reorganized.
2003-04-01Acquired First Bank and Trust (18281) in CARNESVILLE, GA
2004-03-18Changed name to First Citizens Bank and Trust Company, Inc. (15504)
2004-06-19Moved bank headquarters from MYRTLE BEACH, SC to COLUMBIA, SC
2004-11-20Acquired Citizens Bank (17258) in WARRENTON, GA
2005-05-01Reorganized.
2005-05-01Acquired People's Community Bank of South Carolina (34529) in AIKEN, SC
2005-07-01Acquired Summit National Bank (33003) in GREENVILLE, SC
2005-07-01Reorganized.
2008-11-01Acquired Community Resource Bank, National Association (27116) in ORANGEBURG, SC
2009-09-25Acquired Georgian Bank (57151) in ATLANTA, GA as part of a government assisted transaction.
2009-10-17Acquired Merchants and Farmers Bank of Comer, Georgia (15337) in COMER, GA
2010-07-23Acquired Williamsburg First National Bank (17837) in KINGSTREE, SC as part of a government assisted transaction.
2011-06-03Acquired Atlantic Bank and Trust (58420) in CHARLESTON, SC as part of a government assisted transaction.
2011-07-22Acquired The Exchange Bank of South Carolina, Inc. (15077) in KINGSTREE, SC
2015-01-01Merged into and subsequently operated as part of First-Citizens Bank & Trust Company (11063) in RALEIGH, NC
2015-02-13Acquired Capitol City Bank & Trust Company (33938) in ATLANTA, GA as part of a government assisted transaction.
2016-03-11Acquired North Milwaukee State Bank (20364) in MILWAUKEE, WI as part of a government assisted transaction.
2016-05-06Acquired First CornerStone Bank (35312) in KING OF PRUSSIA, PA as part of a government assisted transaction.
2016-09-01Acquired Bank of Virginia (57627) in MIDLOTHIAN, VA
2017-01-13Acquired Harvest Community Bank (34951) in PENNSVILLE, NJ as part of a government assisted transaction.
2017-05-05Acquired Guaranty Bank (30003) in MILWAUKEE, WI as part of a government assisted transaction.
2018-04-30Acquired HomeBanc (58194) in TAMPA, FL
2018-10-02Acquired Securant Bank & Trust (12515) in MENOMONEE FALLS, WI
2018-11-01Acquired Palmetto Heritage Bank & Trust (57880) in PAWLEYS ISLAND, SC
2019-04-01Acquired Biscayne Bank (57973) in COCONUT GROVE, FL
2019-05-01Acquired First South Bank (34222) in SPARTANBURG, SC
2019-12-31Acquired Entegra Bank (31445) in Franklin, NC
2020-02-01Acquired Gwinnett Community Bank (35249) in DULUTH, GA