The Morris Plan Savings Bank, Inc., SSB

Status:Inactive as of 06/01/2002
 Merger - Without Assistance
Successor Bank:Randolph Bank & Trust Company
Headquarters:The Morris Plan Savings Bank, Inc., SSB
523 South Worth Street
Burlington, NC 27216
Established:10/10/1922
FDIC Insurance:08/09/1989
FDIC Cert:#9837
Charter Class:
Total Assets:$43,660,000
Total Deposits:$33,454,000

History

1922-10-10Institution established: Original name:The Morris Plan Industrial Bank of Burlington
1997-09-15Changed name to The Morris Plan Savings Bank, Inc., SSB
1997-09-15Changed organization type to STOCK SAVINGS BANK
2002-06-01Merged into and subsequently operated as part of Randolph Bank & Trust Company (22746) in ASHEBORO, NC
2013-10-01Merged into and subsequently operated as part of Bank of North Carolina (33527) in THOMASVILLE, NC
2014-04-01Acquired Home Savings Bank of Albemarle, SSB (30668) in ALBEMARLE, NC
2014-06-01Acquired Harrington Bank, FSB (57262) in CHAPEL HILL, NC
2014-12-01Acquired Harbor National Bank (58219) in CHARLESTON, SC
2015-07-01Acquired Valley Bank (34019) in ROANOKE, VA
2016-06-17Acquired SouthCoast Community Bank (34774) in MOUNT PLEASANT, SC
2016-09-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-11-01Acquired High Point Bank and Trust Company (12267) in HIGH POINT, NC
2017-06-16Merged into and subsequently operated as part of Pinnacle Bank (35583) in NASHVILLE, TN

Financial Information (2001-12-31 and Older)