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Previously, RBC Centura had no locations in Alabama. RBC's footprint in Alabama, Georgia, and Florida expanded significantly after its acquisition of Alabama National BanCorporation (ANB). RBC received U.S. approval February 5, 2008, and on April 14, 51 branches re-opened as RBC Bank. The remaining branches re-opened by June 2008.
The deal gave Alabama National 10 subsidiaries with 85 locations. [6] In 2008, RBC Bank bought Alabama National for $1.6 billion, adding 45 locations each in Alabama and Florida, and 13 in Georgia. [7] Alabama National had $7.9 billion in assets. [8] The deal became final February 26, 2008. [2] At the time, Alabama National operated these ...
The 39 branches divested in Alabama were sold to RBC Centura Bank and converted in Spring 2007. On November 4, 2006, Regions completed its acquisition of AmSouth. [2] AmSouth branches in Alabama, Florida, or Columbus, GA, either closed or converted to Regions on July 13, 2007.
In 2012, PNC acquired RBC Bank from Royal Bank of Canada for $3.45 billion. [ 46 ] [ 47 ] [ 48 ] RBC Bank had a 426 branches in southern Virginia , North Carolina , South Carolina , Georgia , Alabama , and Florida .
Santander Bank: Boston, Massachusetts [a] $168 8.2% $66.55 SAN 30 RBC Bank: Toronto, Ontario [a] $166 7.9% $137.70 RY 31 Regions Financial Corporation: Birmingham, Alabama: $157 7.0% $18.02 RF 32 Northern Trust: Chicago, Illinois: $155 7.0% $17.47 NTRS 33 Discover Financial: Riverwoods, Illinois: $151 7.0% $28.11 DFS 34 Synchrony Financial ...
Alabama National BanCorporation - merged with RBC Bank; AmSouth Bancorporation - merged with Regions; Big B Drugs - merged with Revco, now part of CVS; BioCryst Pharmaceuticals; Bruno's Supermarkets; CVS Caremark - moved headquarters in 2004; Energen Corporation - acquired by Diamondback Energy in 2018; Golf Channel - moved production to Orlando
Royal Bank of Canada (RBC; French: Banque Royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market ...
On January 26, 2001, Canada's largest bank, Royal Bank of Canada, announced a $2.3 billion deal to acquire Centura, which had $11.5 billion in assets and 246 branches. The bank's name would change to RBC Centura, and the headquarters would remain in Rocky Mount. [13] On February 24, 2012, PNC bought out RBC Centura bank.