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Citizens and Southern National Bank (C&S) was an American bank which started as a Georgia institution that expanded into South Carolina, Florida and into other states via mergers. Headquartered in Atlanta, Georgia; it was the largest bank in the Southeast for much of the 20th century. C&S merged with Sovran Bank in 1990 to form C&S/Sovran in ...
Florida National Bank First Union Corporation: Wells Fargo: 1990 Citizens & Southern National Bank: Sovran Financial Corp. C&S/Sovran Corp. Bank of America: 1991 Fleet/Norstar Financial Group, Inc. Bank of New England Fleet/Norstar Financial Group, Inc. Bank of America: 1991 NBD Bancorp: FNW Bancorp: NBD Bancorp: $205 million JPMorgan Chase ...
Southern National had $4.5 billion in assets, $3.9 billion of those in North Carolina, and was the state's sixth largest banking company. The company's North Carolina banking operations began moving to Winston-Salem, though Orr and the corporate headquarters stayed in Lumberton.
Mills Bee Lane Jr. [1] (January 12, 1912 – May 7, 1989) was an American banker in Atlanta, Georgia . He was born in Savannah, Georgia, and after graduating from Yale University in 1934 took a job as a clerk at a Citizens & Southern National Bank (C&S) branch in Valdosta, Georgia. The bank had been founded by Lane's father in 1906 and when the ...
The Bank of Lumberton changed its names to Southern National Bank in 1959. [15] In 1979, the Carolina State Bank of Gastonia, started in 1971, became part of Southern National. [16] In 1982, Southern National took over Winston-Salem-based Forsyth Bank & Trust, led by Glenn Orr. [17] In 1985, Southern National had assets of $1.5 billion.
Sovran Bank was a US-based regional bank that operated in Virginia between 1983 and 1990, and was the leading subsidiary of Sovran Financial Corporation.It was itself a product of a merger between First & Merchants Bank of Richmond and Virginia National Bankshares of Norfolk, both of which could trace back their history to the 1860s.
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NationsBank purchased Citizens & Southern National Bank in 1991, and after later acquiring BankAmerica Corp., it, along with its branches, was renamed Bank of America. The building doubled as the Illinois First Federal Savings & Loan association building in the 2016 film The Founder , a biopic of Ray Kroc starring Michael Keaton .