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An advantage of holding a National Bank Act charter is that a national bank is not subject to state usury laws intended to prevent predatory lending. [16] However, see also Cuomo v. Clearing House Association, L. L. C. , stating that federal banking regulations do not preempt the ability of states to enforce their own fair-lending laws.) [ 17 ...
In 2013, First National Bank of George West, based in south Texas and founded in 1934, acquired the rights to the name SouthTrust Bank. The new SouthTrust Bank is not affiliated with the original SouthTrust Bank of Alabama, acquiring only the trademark rights to the name as an effort to distinguish their brand amongst other national banks.
The bank's first acquisition out of state was the failing First National Bank of Crosby, Texas in February 1987. Central Bancshares became the first bank in Alabama to own a bank in another state and the first out-of-state bank to own a bank in Texas. [1] D. Paul Jones took over the CEO position from Brock in 1991. [6]
The measure, which has been debated off an on for months, is intended to turn the land bank into a revenue generator for Shelby County. Shelby County land bank reform measures to have final vote ...
Reform is located at (33.380835, -88.015022 [7]The city is located in west central Alabama at the intersection of U.S. Route 82 and Alabama State Route 17.US 82 runs northwest to southeast through the city, leading southeast 8 mi (13 km) to Gordo and 31 mi (50 km) to Tuscaloosa, the largest city of over 100,000 people closest to the area.
It is known in West Alabama as McFarland Boulevard, in memory of Ward Wharton McFarland, a political, business, and civic leader who died in 1979. [3] After leaving Tuscaloosa, the route continues southeast, passing through the cities of Brent , Centreville , and Maplesville en route to Prattville , on the northern edge of the Montgomery ...
Cadence Bank (1887–2021) Colonial Bancgroup; Colonial Bank (United States) R. Regions Financial Corporation; S. SouthTrust (1887–2005) U. Union State Bank, Alabama
Alabama National BanCorporation based in Birmingham, Alabama, was a bank holding company which was purchased by RBC Bank in 2008 for $1.6 billion. Prior to the RBC deal, the bank was the third largest banking company in Alabama with over $7 billion assets. [citation needed]