North Carolina National Bank: Difference between revisions
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In 1991 North Carolina National Bank acquired [[C&S/Sovran Corp.]] and took the new name, [[NationsBank]]. |
In 1991 North Carolina National Bank acquired [[C&S/Sovran Corp.]] and took the new name, [[NationsBank]]. |
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In 1998 [[NationsBank]] acquired BankAmerica Corp. and took the name [[Bank of America]] which now operates in all 50 states |
In 1998 [[NationsBank]] acquired BankAmerica Corp. and took the name [[Bank of America]] which now operates in all 50 states. The transaction was run by [[Hugh McColl]]. <ref>{{cite news|last1=Martin|first1=Mitchell|title=Nations Bank Drives $62 Billion Merger : A New BankAmerica:Biggest of U.S. Banks|url=http://www.nytimes.com/1998/04/14/news/14iht-banks.t_0.html|accessdate=4 September 2015|publisher=New York Times|date=14 April 1998}}</ref><ref>{{cite news|last1=Benoit|first1=David|title=BofA Legend Hugh McColl Sells Boutique Firm to Deloitte|url=http://blogs.wsj.com/moneybeat/2013/06/10/bofa-legend-hugh-mccoll-sells-boutique-firm-to-deloitte/|accessdate=4 September 2015|publisher=Wall Street Journal Blogs|date=10 June 2013}}</ref> |
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The former [[Atlantic Bank and Trust Company Building|North Carolina National Bank Building]] at [[Burlington, North Carolina]] was added to the [[National Register of Historic Places]] in 1984.<ref name="nris">{{NRISref|version=2010a}}</ref> |
The former [[Atlantic Bank and Trust Company Building|North Carolina National Bank Building]] at [[Burlington, North Carolina]] was added to the [[National Register of Historic Places]] in 1984.<ref name="nris">{{NRISref|version=2010a}}</ref> |
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Revision as of 09:27, 4 September 2015
North Carolina National Bank (NCNB) was a bank based in Charlotte, North Carolina, prior to 1960 called American Commercial Bank. It was one of the top banking institutions. From 1974 to 1983, the bank was run by Chairman and Chief Executive Officer Tom Storrs.[1] What was NCNB forms the core of today's Bank of America.
History
In 1957 American Trust Co.[2][3] 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.
In 1998 NationsBank acquired BankAmerica Corp. and took the name Bank of America which now operates in all 50 states. The transaction was run by Hugh McColl. [4][5]
The former North Carolina National Bank Building at Burlington, North Carolina was added to the National Register of Historic Places in 1984.[6]
References
- ^ http://www.reuters.com/article/2012/02/12/bankofamerica-storrs-idUSL2E8DC1IS20120212
- ^ The American Trust Company was a bank established in Charlotte in 1901.
- ^ 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)
- ^ Martin, Mitchell (14 April 1998). "Nations Bank Drives $62 Billion Merger : A New BankAmerica:Biggest of U.S. Banks". New York Times. Retrieved 4 September 2015.
- ^ Benoit, David (10 June 2013). "BofA Legend Hugh McColl Sells Boutique Firm to Deloitte". Wall Street Journal Blogs. Retrieved 4 September 2015.
- ^ "National Register Information System". National Register of Historic Places. National Park Service. July 9, 2010.
 | This article needs additional citations for verification. (November 2007) |
