American Trust & Savings Bank: Difference between revisions

From Bhamwiki
Jump to navigation Jump to search
No edit summary
No edit summary
Line 1: Line 1:
The '''American Trust and Savings Bank''' was a bank which opened on [[April 1]], [[1903]] with $100,000 in capital funds. It was headed by [[George McCormack]] with [[H. L. Badham]] as vice-president and [[H. B. Urquhart]] as cashier.
The '''American Trust and Savings Bank''' was a bank which opened on [[April 1]], [[1903]] with $100,000 in capital funds. It was headed by [[George McCormack]] with [[Henry Badham]] as vice-president and [[H. B. Urquhart]] as cashier.


It merged with [[Traders National Bank]] to form the '''American-Traders National Bank''' and opened branch offices in [[Leeds]], [[North Birmingham]], [[Woodlawn]], [[Fairfield]], [[Ensley]] and [[Tarrant]]. It also constructed the [[John A. Hand Building|American Trust Building]] on the southeast corner of [[1st Avenue North]] and [[20th Street North|20th Street]], briefly the city's tallest skyscraper, as its headquarters.
It merged with [[Traders National Bank]] to form the '''American-Traders National Bank''' and opened branch offices in [[Leeds]], [[North Birmingham]], [[Woodlawn]], [[Fairfield]], [[Ensley]] and [[Tarrant]]. It also constructed the [[John A. Hand Building|American Trust Building]] on the southeast corner of [[1st Avenue North]] and [[20th Street North|20th Street]], briefly the city's tallest skyscraper, as its headquarters.

Revision as of 11:39, 22 June 2015

The American Trust and Savings Bank was a bank which opened on April 1, 1903 with $100,000 in capital funds. It was headed by George McCormack with Henry Badham as vice-president and H. B. Urquhart as cashier.

It merged with Traders National Bank to form the American-Traders National Bank and opened branch offices in Leeds, North Birmingham, Woodlawn, Fairfield, Ensley and Tarrant. It also constructed the American Trust Building on the southeast corner of 1st Avenue North and 20th Street, briefly the city's tallest skyscraper, as its headquarters.

The bank was acquired by the First National Bank of Birmingham in 1930 during the Great Depression. The combination took over the American Trust building.