Alabama National BanCorporation: Difference between revisions

From Bhamwiki
Jump to navigation Jump to search
(RBC Centura)
(ANB was always ANB, never NBC)
 
(14 intermediate revisions by 3 users not shown)
Line 1: Line 1:
[[Image:ANB.PNG|right]]
[[Image:ANB.PNG|right|175px]]
'''Alabama National BanCorporation''' is the Birmingham-based holding company for eleven bank subsidiaries with a combined 103 locations in Alabama, Florida, and Georgia.   
'''Alabama National BanCorporation''' was the Birmingham-based holding company for eleven bank subsidiaries with a combined 103 locations in Alabama, Florida, and Georgia.   


On [[September 6]], [[2007]], it was announced that Alabama National and its subsidiaries were being acquired by [[RBC Centura Bank]], the U.S. subsidiary of the Royal Bank of Canada, in a $1.6 billion deal.  RBC Centura had entered the state earlier in the year by acquiring some divested branches in Huntsville and [[Tuscaloosa]] from the [[Regions Bank|AmSouth-Regions merger]].
On [[September 6]], [[2007]], it was announced that Alabama National and its subsidiaries were being acquired by [[RBC Bank|RBC Centura Bank]], the U.S. subsidiary of the Royal Bank of Canada, in a $1.6 billion deal.  RBC Centura had entered the state earlier in the year by acquiring some divested branches in Huntsville and [[Tuscaloosa]] from the [[Regions Bank|AmSouth-Regions merger]].  In early [[2008]], RBC announced it would be dropping the "Centura" from its name, and would simply be known in the U.S. as "RBC Bank".  ANB shareholders approved the merger on [[January 24]], [[2008]], and received a mixture of cash and stock in the deal, which was completed on [[February 25]].  RBC completed systems conversions and signage changes in most of Florida and Georgia on [[April 11]], and Alabama and the Florida panhandle on [[June 20]].  


== Subsidiary Banks ==
== Subsidiary Banks ==
 
* [[First American Bank]], Birmingham, AL (converted June 20, 2008)
[[First American Bank]], Birmingham, AL
* Indian River National Bank, Vero Beach, FL (converted [[April 11]], 2008)
 
* First Gulf Bank, N.A., Pensacola, FL (converted June 20, 2008)
Indian River National Bank, Vero Beach, FL
* Florida Choice Bank, Mt. Dora, FL (converted April 11, 2008)
 
* Community Bank of Naples, N.A., Naples, FL (converted April 11, 2008)
First Gulf Bank, N.A., Pensacola, FL
* Public Bank, St. Cloud, FL (converted April 11, 2008)
 
* Peachtree Bank, Duluth, GA (converted April 11, 2008)
Florida Choice Bank, Mt. Dora, FL
* Georgia State Bank, Mableton, GA (converted April 11, 2008)
 
* CypressCoquina Bank, Ormond Beach, FL (converted April 11, 2008)
Community Bank of Naples, N.A., Naples, FL
* Millennium Bank, Gainesville, FL (converted April 11, 2008)
 
* Alabama Exchange Bank, Tuskegee, AL (converted June 20, 2008)
Public Bank, St. Cloud, FL
* Bank of Dadeville, Dadeville, AL (converted June 20, 2008)
 
Georgia State Bank, Mableton, GA
 
CypressCoquina Bank, Ormond Beach, FL
 
Millennium Bank, Gainesville, FL
 
Alabama Exchange Bank, Tuskegee, AL
 
Bank of Dadeville, Dadeville, AL


== Other Subsidiaries ==
== Other Subsidiaries ==
* [[ANB Insurance Services, Inc]], Birmingham, AL
* [[ANB Leasing Services]], Birmingham, AL


[[ANB Insurance Services, Inc]], Birmingham, AL
==References==
 
* "[http://www.alabamanational.com/default.aspx?id=19 Alabama National BanCorporation - History]" (n.d.).  Alabama National BanCorporation.  Accessed October 6, 2006.
[[ANB Leasing Services]], Birmingham, AL
* "[http://www.findarticles.com/p/articles/mi_m0EIN/is_2005_Oct_11/ai_n15683142 National Bank of Commerce Unveils New Name - Cadence Bank]" (October 11, 2005). Business Wire.
 
* Goodman, Sherri (September 6, 2007) "Alabama National being bought for $1.6 billion." ''Birmingham News''
==Reference==
* Hubbard, Russell (June 25, 2009) "Alabama ties to RBC fading." ''Birmingham News''
*"[http://blog.al.com/spotnews/2007/09/alabama_national_being_bought.html Alabama National being bought for $1.6 billion]", ''Birmingham News'', September 6, 2007.


== External Links ==
== External Links ==
*[http://www.alabamanational.com/ Alabama National BanCorporation] website
*[http://www.alabamanational.com/ Alabama National BanCorporation] website


[[Category: Bank holding companies]]
[[Category:Bank holding companies]]
[[Category:Banks]]
[[Category:Defunct banks]]

Latest revision as of 19:29, 28 June 2009

ANB.PNG

Alabama National BanCorporation was the Birmingham-based holding company for eleven bank subsidiaries with a combined 103 locations in Alabama, Florida, and Georgia.

On September 6, 2007, it was announced that Alabama National and its subsidiaries were being acquired by RBC Centura Bank, the U.S. subsidiary of the Royal Bank of Canada, in a $1.6 billion deal. RBC Centura had entered the state earlier in the year by acquiring some divested branches in Huntsville and Tuscaloosa from the AmSouth-Regions merger. In early 2008, RBC announced it would be dropping the "Centura" from its name, and would simply be known in the U.S. as "RBC Bank". ANB shareholders approved the merger on January 24, 2008, and received a mixture of cash and stock in the deal, which was completed on February 25. RBC completed systems conversions and signage changes in most of Florida and Georgia on April 11, and Alabama and the Florida panhandle on June 20.

Subsidiary Banks

  • First American Bank, Birmingham, AL (converted June 20, 2008)
  • Indian River National Bank, Vero Beach, FL (converted April 11, 2008)
  • First Gulf Bank, N.A., Pensacola, FL (converted June 20, 2008)
  • Florida Choice Bank, Mt. Dora, FL (converted April 11, 2008)
  • Community Bank of Naples, N.A., Naples, FL (converted April 11, 2008)
  • Public Bank, St. Cloud, FL (converted April 11, 2008)
  • Peachtree Bank, Duluth, GA (converted April 11, 2008)
  • Georgia State Bank, Mableton, GA (converted April 11, 2008)
  • CypressCoquina Bank, Ormond Beach, FL (converted April 11, 2008)
  • Millennium Bank, Gainesville, FL (converted April 11, 2008)
  • Alabama Exchange Bank, Tuskegee, AL (converted June 20, 2008)
  • Bank of Dadeville, Dadeville, AL (converted June 20, 2008)

Other Subsidiaries

References

External Links

Retrieved from "http://bhamwiki.com/w/index.php?title=Alabama_National_BanCorporation&oldid=47524"