Palm Beach National Bank & Trust Company
Status: | Inactive as of 10/18/2002 |
Merger - Without Assistance | |
Successor Bank: | Colonial Bank |
Headquarters: | Palm Beach National Bank & Trust Company 125 Worth Avenue Palm Beach, FL 33480 |
Established: | 04/24/1973 |
FDIC Insurance: | 04/24/1973 |
FDIC Cert: | #21051 |
Charter Class: | Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) |
Total Assets: | $360,467,000 |
Total Deposits: | $322,044,000 |
History
1973-04-24 | Institution established: Original name:Citizens National Bank | |
1982-04-01 | Changed name to Colonial National Bank | |
1983-01-01 | Changed name to Colonial Trust Company, National Association | |
1984-05-01 | Moved bank headquarters from BOCA RATON, FL to PALM BEACH, FL | |
1986-10-28 | Changed name to Colonial Trust National Bank | |
1988-02-02 | Moved bank headquarters from PALM BEACH, FL to NORTH PALM BEACH, FL | |
1990-07-01 | Changed name to Palm Beach National Bank & Trust Company | |
1997-05-01 | Moved bank headquarters from NORTH PALM BEACH, FL to PALM BEACH, FL | |
1997-05-01 | Reorganized. | |
2002-10-18 | Merged into and subsequently operated as part of Colonial Bank (9609) in MONTGOMERY, AL | |
2003-08-08 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2003-08-08 | Changed name to Colonial Bank, National Association (9609) | |
2003-12-04 | Acquired Sarasota Bank (33644) in SARASOTA, FL | |
2005-02-10 | Acquired Union Bank of Florida (32518) in LAUDERHILL, FL | |
2005-06-02 | Acquired First Federal Savings Bank of Lake County (28856) in LEESBURG, FL | |
2007-06-08 | Acquired Commercial Bank of Florida (22813) in MIAMI, FL | |
2007-12-13 | Acquired Citrus and Chemical Bank (17283) in BARTOW, FL | |
2008-06-10 | Changed name to Colonial Bank (9609) | |
2008-06-10 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
2008-06-10 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2009-08-14 | Failed. Acquired with government financial assistance and subsequently operated as part of Branch Banking and Trust Company (9846) | |
2012-08-02 | Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL | |
2013-01-01 | Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA | |
2013-01-01 | Reorganized. | |
2013-05-01 | Reorganized. | |
2015-06-19 | Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY | |
2015-08-01 | Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA | |
2015-08-01 | Acquired Susquehanna Bank (7579) in LITITZ, PA | |
2015-08-01 | Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA | |
2016-04-01 | Acquired National Penn Bank (7414) in ALLENTOWN, PA | |
2019-12-07 | Changed name to Truist Bank (9846) | |
2019-12-07 | Acquired SunTrust Bank (867) in ATLANTA, GA | |
2019-12-07 | Moved bank headquarters from MONTGOMERY, AL to CHARLOTTE, NC |