Ambassador Savings and Loan Association

Status:Inactive as of 08/24/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Ambassador Federal Savings and Loan Association
Headquarters:Ambassador Savings and Loan Association
8201 North University Drive
Fort Lauderdale, FL 33321
Established:06/05/1984
FDIC Insurance:06/05/1984
FDIC Cert:#32220
Charter Class:
Total Assets:$184,143,000
Total Deposits:$161,964,000

History

1984-06-05Institution established: Original name:Ambassador Savings and Loan Association
1990-08-24Institution established: Original name:Ambassador Federal Savings and Loan Association (33174)
1990-08-24Failed, went into receivership, and then became part of Ambassador Federal Savings and Loan Association (33174)
1990-08-24Placed into government conservatorship.
1991-06-21Changed name to Bank of North America (33350)
1991-06-21Merged into and subsequently operated as part of Bank of North America (33350) in FORT LAUDERDALE, FL
1991-06-21Government conservatorship or bridge bank resolved.
1991-06-21Acquired after government financial assistance and subsequently operated as part of Bank of North America (32973)
1991-06-28Acquired Coral Savings and Loan Association, F.A. (33300) in CORAL SPRINGS, FL
1996-10-12Merged into and subsequently operated as part of BankAtlantic, A Federal Savings Bank (30559) in FORT LAUDERDALE, FL
2002-03-01Changed name to BankAtlantic (30559)
2002-03-22Acquired Community Savings, F. A. (30800) in NORTH PALM BEACH, FL
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-08-02Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2013-01-01Reorganized.
2013-01-01Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA
2013-05-01Reorganized.
2015-06-19Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY
2015-08-01Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA
2015-08-01Acquired Susquehanna Bank (7579) in LITITZ, PA
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA
2016-04-01Acquired National Penn Bank (7414) in ALLENTOWN, PA
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC