American Trust & Savings Bank: Difference between revisions
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The '''American Trust | The '''American Trust & 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 Sr]] as vice-president and [[H. B. Urquhart]] as cashier. | ||
The bank merged with the [[Alabama National Bank]] shortly before McCormack stepped down. He was succeeded by [[W. W. Crawford]] as president. Urquhart was succeeded as cashier by [[C. M. Williamson]]. | |||
The bank was acquired by the [[AmSouth Bank|First National Bank of Birmingham]] during the [[Great Depression]]. The combination took over the American Trust building. | 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. | ||
The bank was acquired by the [[AmSouth Bank|First National Bank of Birmingham]] in [[1930]] during the [[Great Depression]]. The combination took over the American Trust building. | |||
{{stub}} | {{stub}} | ||
==References== | |||
* {{Cruikshank-1920}} | |||
[[Category:Defunct banks]] | [[Category:Defunct banks]] | ||
[[Category:20th Street North]] | [[Category:20th Street North]] | ||
[[Category:1st Avenue North]] | [[Category:1st Avenue North]] | ||
[[Category:1903 establishments]] | [[Category:1903 establishments]] | ||
[[Category: | [[Category:1930 disestablishments]] | ||
Latest revision as of 18:24, 11 June 2017
The American Trust & 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 Sr as vice-president and H. B. Urquhart as cashier.
The bank merged with the Alabama National Bank shortly before McCormack stepped down. He was succeeded by W. W. Crawford as president. Urquhart was succeeded as cashier by C. M. Williamson.
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.
References
- Cruikshank, George H. (1920) History of Birmingham and Its Environs: A Narrative Account of Their Historical Progress, Their People, and Their Principal Interests 2 volumes. Chicago, Illinois: Lewis Publishing Company. - via Birmingham Public Library Digital Collections