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The bank changed its name to Southern Bank and Trust Company on March 1, 1967, to reflect a more regional presence. The Home Office of the Bank is located at 116 East Main Street, Mount Olive, North Carolina. Southern BancShares (N.C.), Inc., was founded and established as the holding company of Southern Bank on January 1, 1983.
Additionally, in 1919 Caldwell founded the Bank of Tennessee, a subsidiary of Caldwell and Company. [6] The firm was a depository bank for insurance bonds. [1] That same year, he served as the president of the Tennessee Hart-Parr Company, which sold tractors in Kentucky and Tennessee, mechanizing Southern agriculture. [7] [8]
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern". [1] With 56 locations, the organization focuses most of its work in the Arkansas Delta and Mississippi Delta. [2]
The Tennessee Commissioner of Financial Institutions is the head of Tennessee's Department of Financial Institutions, which is responsible for regulating the bank system of that U.S. state. The Commissioner is appointed by the governor of Tennessee and is a member of the governor's Cabinet, which meets at least once per month, or more often to ...
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In 1906, Lane and his associates purchased Southern Bank of Georgia enabling them to merge the two banks as the new C&S Bank. [4] The newly merged banks were officially named the Citizens and Southern Bank of Georgia. In 1922 Citizens and Southern absorbed Central Bank and Trust Corp., the bank founded by Coca-Cola co-founder Asa Griggs Candler ...
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At the time, Southern National was North Carolina's seventh-largest banking company. [5] Also in 1986, Southern National sold its Southern National Mortgage Co. to NCNB for an estimated $7 million. Southern National had not intended to sell the business but NCNB made a good offer and the bank could use the money for its South Carolina purchases.
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