SouthBank

Status:Inactive as of 11/19/2001
 Merger - Without Assistance
Successor Bank:Central Carolina Bank and Trust Company
Headquarters:SouthBank
907 North Main Street
Anderson, SC 29622
Established:01/01/1906
FDIC Insurance:08/09/1989
FDIC Cert:#28855
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$644,166,000
Total Deposits:$434,179,000

History

1906-01-01Institution established: Original name:Perpetual Federal Savings and Loan Association
1987-07-31Changed organization type to MUTUAL SAVINGS BANK
1987-07-31Changed name to Perpetual Federal Savings Bank
1990-09-14Changed name to Perpetual Bank, A Federal Savings Bank
1993-10-26Changed organization type to STOCK SAVINGS BANK
2001-06-29Acquired Heritage Federal Bank (30338) in LAURENS, SC
2001-06-29Changed name to SouthBank
2001-11-19Merged into and subsequently operated as part of Central Carolina Bank and Trust Company (2033) in DURHAM, NC
2001-12-31Merged into and subsequently operated as part of National Bank of Commerce (4978) in MEMPHIS, TN
2005-04-22Acquired National Bank of Commerce (4978) in MEMPHIS, TN
2005-04-22Acquired NBC Bank, FSB (28880) in MEMPHIS, TN
2005-04-22Acquired SunTrust BankCard, National Association (33817) in ORLANDO, FL
2005-04-22Merged into and subsequently operated as part of SunTrust Bank (867) in ATLANTA, GA
2008-07-25Acquired First National Bank of Gwinnett (35409) in DULUTH, GA
2008-07-25Acquired Mountain State Bank (57507) in DAWSONVILLE, GA
2008-07-25Acquired United Bank & Trust Company (32739) in ROCKMART, GA
2008-07-25Acquired Home Town Bank of Villa Rica (34391) in VILLA RICA, GA
2008-07-25Acquired First National Bank of the South (27543) in MILLEDGEVILLE, GA
2008-07-25Acquired Gainesville Bank & Trust (27158) in GAINESVILLE, GA
2008-07-25Acquired Community Trust Bank (27163) in HIRAM, GA
2008-08-01Acquired First Priority Bank (57523) in BRADENTON, FL as part of a government assisted transaction.
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Merged into and subsequently operated as part of Truist Bank (9846) in CHARLOTTE, NC

Financial Information (2000-12-31 and Older)