Gold Coast Savings Bank

Status:Inactive as of 10/19/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Gold Coast Federal Savings Bank
Headquarters:Gold Coast Savings Bank
1801 N Pine Island Road
Fort Lauderdale, FL 33322
Established:11/08/1984
FDIC Insurance:11/08/1984
FDIC Cert:#32255
Charter Class:
Total Assets:$151,694,000
Total Deposits:$141,804,000

History

1984-11-08Institution established: Original name:Gold Coast Savings and Loan Association of Florida
1987-05-31Changed name to Gold Coast Savings Bank
1988-07-31Moved bank headquarters from PEMBROKE PINES, FL to PLANTATION, FL
1990-10-19Placed into government conservatorship.
1990-10-19Failed, went into receivership, and then became part of Gold Coast Federal Savings Bank (33246)
1990-10-19Institution established: Original name:Gold Coast Federal Savings Bank (33246)
1991-08-23Acquired after government financial assistance and subsequently operated as part of Union Bank of Florida (32518)
1991-08-23Government conservatorship or bridge bank resolved.
1992-10-26Moved bank headquarters from PLANTATION, FL to LAUDERHILL, FL
2005-02-10Merged into and subsequently operated as part of Colonial Bank, National Association (9609) in MONTGOMERY, AL
2005-06-02Acquired First Federal Savings Bank of Lake County (28856) in LEESBURG, FL
2007-01-12Moved bank headquarters from LAUDERHILL, FL to MONTGOMERY, AL
2007-06-08Acquired Commercial Bank of Florida (22813) in MIAMI, FL
2007-12-13Acquired Citrus and Chemical Bank (17283) in BARTOW, FL
2008-06-10Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2008-06-10Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2008-06-10Changed name to Colonial Bank (9609)
2009-08-14Failed. Acquired with government financial assistance and subsequently operated as part of Branch Banking and Trust Company (9846)
2012-08-02Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL
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
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA
2019-12-07Moved bank headquarters from MONTGOMERY, AL to CHARLOTTE, NC
2019-12-07Changed name to Truist Bank (9846)