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North Carolina National Bank

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North Carolina National Bank (NCNB) was a bank based in Charlotte, North Carolina, prior to 1960 called American Commercial Bank. It is one of the top banking industries today.

History

In 1957 American Trust Co.[1] [2] and Commercial National Bank merged to form American Commercial Bank in Charlotte, North Carolina. In 1960 American Commercial Bank changed its name to North Carolina National Bank.

In 1991 North Carolina National Bank acquired C&S/Sovran Corp. and took the new name, NationsBank Corp.

In 1998 NationsBank Corp. acquired BankAmerica Corp. and took the name Bank of America which now operates in all 50 states.

References

  1. ^ The American Trust Company was a bank and landholding company with its main office in San Francisco. The company, established in San Francisco as the American Land & Trust Company, was formed in 1852 during the gold rush boom period.
  2. ^ Estate of J. Luther Snyder, George C. Snyder and American Trust Company, Executors Appellants, v. United States of America, Appellee., 285 F.2d 857 (4th Cir. 1961)