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In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
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Savannah is a census-designated place east of Denton in Denton County, Texas, United States. The community is a housing subdivision marketed by Huffines Communities and is located entirely within the boundaries of Elm Ridge WCID. As of the 2010 census, Savannah had a population of 3,318. [3]
The multi-branch [2] [3] [4] banks's headquarters are in Savannah. [5] It was founded February 23, 1927, [ 6 ] by Savannah-born Louis B. Toomer as Georgia Savings and Realty Corp. [ 7 ] On April 29, 1947 [ 8 ] it became a state-supervised bank (with FDIC -insured effective June 1, 1947) [ 3 ] ), and their name was changed to Carver Savings Bank.
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After acquiring Bank of the West in Galveston, Texas in 1975, Bank of Santa Fe in 1977, Gulf National Bank in Texas City in 1982, and Gulf Shores Bank in 1985, the group changed the name of all banks in the network to Texas First Bank in on August 3, 1995. [citation needed]. The bank also opened branches in Kemah, Pirates Beach, Dickinson ...
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April 19, 1990: Acquires First State Bank of Crandall (TX) September 19, 1994: Acquires First National Bank of Allen (TX) February 1, 1995: Name changes to The American National Bank of Texas (ANBTX) 1997: Acquires branches of Bank of America in Greenville and Wills Point, TX; January 1, 1998: Acquires The First National Bank of Wills Point (TX)