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The 31-story One Commerce Square was completed in 1973 and has also been called the NBC Building and the SunTrust Building. [4] In 1982, when Thomas M. Garrott became president of National Bank of Commerce and its parent company National Commerce Bancorporation (NCBC), NBC had 24 branches in Memphis.
It was built in 1929 for the bank of Commerce and Trust, later known as the National Bank of Commerce (now part of SunTrust Banks). [2] Its construction cost $2 million. [2] It was designed by Hanker & Cairns in the Classical Revival architectural style. [2] It has been listed on the National Register of Historic Places since May 7, 1980. [3]
On October 30, 2009, Park National Bank was taken over by the Federal Deposit Insurance Corporation and the bank's assets were sold to U.S. Bancorp. [8] In December 2010, a local investment group known as Memphis Commerce Square Partners purchased the building from U.S. Bancorp. Management is by Cushman & Wakefield. [9]
National Bank of Commerce (Kansas City) National Bank of Commerce, Lincoln, Nebraska, part of First Commerce Bancshares, taken over by Wells Fargo Bank in 2000; National Bank of Commerce (Memphis) National Bank of Commerce (Mississippi) (which became Cadence Bank) National Bank of Commerce in New York; National Bank of Commerce, Superior ...
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This page was last edited on 23 December 2023, at 23:28 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 ...