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The first Tennessee branch was located in Nashville. By the end of 1989, SouthTrust opened its first South Carolina branch, located in Charleston. As 1990 came around, SouthTrust had grown to over $7.5 billion in assets and had become the largest bank in Alabama.
Wachovia Corporation began on June 16, 1879, in Winston-Salem, North Carolina, as the Wachovia National Bank. The bank was co-founded by James Alexander Gray and William Lemly. [10] In 1911, the bank merged with Wachovia Loan and Trust Company, "the largest trust company between Baltimore and New Orleans", [11] which had been founded on June 15 ...
First Union Corporation was a bank holding company that provided commercial and retail banking services in eleven states in the eastern U.S.First Union also provided various other financial services, including mortgage banking, credit card, investment banking (First Union Securities), investment advisory, home equity lending, asset-based lending, leasing, insurance, international and ...
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Many significant companies are based in Nashville, Tennessee, and its surrounding communities in the Nashville metropolitan area. [1] Five of the companies, HCA Healthcare, Dollar General, Community Health Systems, Delek US Holdings, and Tractor Supply, were members of the Fortune 500 in 2020, ranking 65th, 112th, 241st, 342nd, and 380th respectively.
The district was once known as the Wall Street of the South because it has four large bank buildings. The buildings are: the 1926 Nashville Bank and Trust Company building designed by architectural firm Asmus & Clark , The opulent Nashville Trust building, the 1926 American Trust Building designed by Henry C. Hibbs and the 1922 Federal Reserve ...
The bank began, in Nashville, as the American National Bank and later (1930), merged with James E. Caldwell's Fourth and First National Bank, to become First American National Bank. It continued its growth through the 1980's and 1990's by acquiring smaller banks throughout the state, such as Blout National, Park National, Northern Bank of TN ...
The catalyst for the East Bank's growth was Oracle Corp.'s decision in 2021 to buy 70 acres on the riverfront for what will become their global headquarters, a project estimated at $1.2 billion.