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Cadence Bank (1887–2021) Colonial Bancgroup; Colonial Bank (United States) R. Regions Financial Corporation; S. SouthTrust (1887–2005) U. Union State Bank, Alabama
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 list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Following the lead of their much larger compatriots JPMorgan Chase, Citigroup, and Wells Fargo, and 35 regional banks from last week, 54 regional banks released second-quarter earnings this week.
Regions Geographic Footprint. Regions Financial Corporation, formerly known as First Alabama Bankshares, was founded on July 13, 1971 with the merger of three Alabama banks: First National Bank of Montgomery, Alabama (opened 1871), Exchange Security Bank of Birmingham, Alabama (opened 1928), and First National Bank of Huntsville, Alabama (opened 1856).
The bank was founded in 1994 in Las Vegas, Nevada. [1] [4] In 2010, it moved its headquarters to Phoenix, Arizona. [5] In October 2012, it acquired Western Liberty Bancorp for $55 million. [6] In April 2021, the company acquired AmeriHome for $1.22 billion. [7]
Colonial BancGroup Inc. was a bank holding company headquartered in Montgomery, Alabama, United States that failed in 2009.It was a financial services company that, through its subsidiaries, provided diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance.
With funding temporarily stalled, Tuscaloosa Mayor Walt Maddox and other officeholders say the West Alabama Highway is vital to the region. Leaders tout economic, safety benefits of proposed West ...