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BankSouth, History

The following are major historical events for BankSouth, including mergers and acquisitions.

1946-04-10Institution established: Original name:The Citizens Bank
1977-03-03Changed name to Citizens Union Bank
1977-03-03Acquired Bank of Union Point (10069) in UNION POINT, GA
1985-07-31Reorganized.
1996-07-19Changed organization type to STOCK SAVINGS BANK
1996-07-19Changed from the Bank Insurance Fund to the Savings Association Insurance Fund.
1996-07-19Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2004-01-26Changed name to BankSouth
2011-02-04Acquired North Georgia Bank (35242) in WATKINSVILLE, GA as part of a government assisted transaction.
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY