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:''This article is about the local bank before its transition into the regional [[SouthTrust Bank]].'' | :''This article is about the local bank before its transition into the regional [[SouthTrust Bank]].'' | ||
[[ | [[Image:BTNB logos 5.png|right|115px]] | ||
'''Birmingham Trust National Bank''' ('''BTNB''') was a large bank which operated in [[Birmingham]] from [[1887]] to [[1982]], when it was rebranded as [[SouthTrust Bank]] under a regional holding company. | '''Birmingham Trust National Bank''' ('''BTNB''') was a large bank which operated in [[Birmingham]] from [[1887]] to [[1982]], when it was rebranded as [[SouthTrust Bank]] under a regional holding company. | ||
The bank was founded | The bank, the sixth to be chartered in Birmingham, was founded on [[December 9]], [[1887]] as '''Birmingham Trust and Savings Company''' with $500,000 in capital. It moved into offices in the [[Elyton Land Co. building]] on [[20th Street North]] on [[June 20]], [[1888]]. The first board of directors was headed by [[Henry Caldwell]] with [[Samuel Murphy]] as vice-president and [[M. G. Hudson]] as cashier. | ||
From [[1891]] to [[1901]] it leased offices in the [[Morris Block]] at [[19th Street North|19th Street]] and [[1st Avenue North]]. It constructed a banking office at 112 [[20th Street North]] in [[1902]], and rebuilt it as a monumental Neoclassical structure in [[1922]]. | From [[1891]] to [[1901]] it leased offices in the [[Morris Block]] at [[19th Street North|19th Street]] and [[1st Avenue North]]. It constructed a banking office at 112 [[20th Street North]] in [[1902]], and rebuilt it as a [[Birmingham Trust building (1922)|monumental Neoclassical structure]] in [[1922]]. | ||
The name was changed to '''Birmingham Trust National Bank''' ('''BTNB''') when it secured a national charter in [[1946]]. It opened its first "neighborhood branches" in [[East Lake]], [[Mountain Brook]], and [[Wells Fargo Five Points West branch|Five Points West]] in the late 1940s and early 1950s. A new [[BTNB Southside office]] was completed at [[24th Street South|24th Street]] and [[6th Avenue South]] in [[1955]]. | The name was changed to '''Birmingham Trust National Bank''' ('''BTNB''') when it secured a national charter in [[1946]]. It opened its first "neighborhood branches" in [[East Lake]], [[Mountain Brook]], and [[Wells Fargo Five Points West branch|Five Points West]] in the late 1940s and early 1950s. A new [[BTNB Southside office]] was completed at [[24th Street South|24th Street]] and [[6th Avenue South]] in [[1955]]. | ||
The bank erected a [[BTNB building (1964)|7-story office building]] behind its 20th Street banking office in [[1964]]. | The bank erected a [[BTNB building (1964)|7-story office building]] behind its 20th Street banking office in [[1964]]. | ||
BTNB was the first financial institution in the nation to introduce what was termed at the time an "automated central information system" in [[1971]]. | BTNB was the first financial institution in the nation to introduce what was termed at the time an "automated central information system" in [[1971]]. It trademarked the term "[[Anytime Teller]]" for its first automated teller machines in [[1978]]. Voice actor [[June Wetzel]] provided the pre-recorded audio prompts that distinguished the service. | ||
After regional | After regional acquisitions, the holding company '''SouthTrust Corporation''' was formed in [[1981]]. The corporation rebranded all bank branches as SouthTrust Bank in [[1982]]. | ||
==Presidents== | |||
* [[Henry Caldwell]], 1887–1889 | |||
* [[William Graves]], 1889–1890 | |||
* [[Paul Earle]], 1890–1900 | |||
* [[Arthur W. Smith]], 1900– | |||
* [[T. O. Smith]], –1925 | |||
* [[Walter Henley]], 1925– | |||
* [[Frank Plummer]], 1960 | |||
<gallery> | |||
File:1902 Birmingham Trust building.jpg|The 1902 Birmingham Trust National Bank building | |||
File:Bham Trust Natl Bank 20th.jpg|The [[Birmingham Trust building (1922)|1922 Birmingham Trust National Bank building]] | |||
</gallery> | |||
==BTNB branches== | ==BTNB branches== | ||
* [[BTNB BJCC branch|BJCC branch]], 1040 [[19th Street North]] | * [[BTNB BJCC branch|BJCC branch]], 1040 [[19th Street North]] | ||
* [[BTNB East Lake branch|East Lake branch]], 7324 [[1st Avenue North]], [[East Lake]] | * [[BTNB East Lake branch|East Lake branch]], 7324 [[1st Avenue North]], [[East Lake]] (before 1960) | ||
* [[BTNB Eastwood branch|Eastwood branch]], 5389 [[Oporto-Madrid Boulevard]], [[Eastwood]] | * [[BTNB Eastwood branch|Eastwood branch]], 5389 [[Oporto-Madrid Boulevard]], [[Eastwood]] | ||
* [[BTNB Five Points West branch|Five Points West branch]], 2136 [[Bessemer Road]], [[Five Points West]] | * [[BTNB Five Points West branch|Five Points West branch]], 2136 [[Bessemer Road]], [[Five Points West]] (before 1960) | ||
* [[BTNB Mountain Brook branch|Mountain Brook branch]], 2903 [[Cahaba Road]], [[Mountain Brook Village]] | * [[BTNB North Birmingham branch|North Birmingham branch]], 2921 [[26th Street North]], [[North Birmingham]] (before 1960) | ||
* [[BTNB Southside office|Southside office]], 2401 [[6th Avenue South]], [[Southside]], opened [[ | * [[BTNB Mountain Brook branch|Mountain Brook branch]], 2903 [[Cahaba Road]], [[Mountain Brook Village]] (before 1960) | ||
* [[BTNB Southside office|Southside office]], 2401 [[6th Avenue South]], [[Southside]] (opened 1955) | |||
* [[BNTB Vestavia Hills branch|Vestavia Hills branch]], 724 [[Montgomery Highway (Vestavia Hills)|Montgomery Highway]] (before 1960) | |||
* [[BNTB Homewood branch|Homewood branch]], 1725 [[28th Avenue South]] (opened 1960) | |||
* [[BNTB Hoover branch|Hoover branch]], 1600 [[Montgomery Highway (Hoover)|Montgomery Highway]] (before 1960) | |||
* [[BNTB Midfield branch|Midfield branch]] (opened 1960) | |||
==References== | ==References== | ||
* {{Northern Alabama-1888}} | * {{Northern Alabama-1888}} | ||
* {{Cruikshank-1920}}, pp. 321-322 | |||
* [http://www.southtrust.com/ SouthTrust Bank] website - accessed October 6, 2006 | * [http://www.southtrust.com/ SouthTrust Bank] website - accessed October 6, 2006 | ||
Latest revision as of 13:08, 20 January 2023
- This article is about the local bank before its transition into the regional SouthTrust Bank.
Birmingham Trust National Bank (BTNB) was a large bank which operated in Birmingham from 1887 to 1982, when it was rebranded as SouthTrust Bank under a regional holding company.
The bank, the sixth to be chartered in Birmingham, was founded on December 9, 1887 as Birmingham Trust and Savings Company with $500,000 in capital. It moved into offices in the Elyton Land Co. building on 20th Street North on June 20, 1888. The first board of directors was headed by Henry Caldwell with Samuel Murphy as vice-president and M. G. Hudson as cashier.
From 1891 to 1901 it leased offices in the Morris Block at 19th Street and 1st Avenue North. It constructed a banking office at 112 20th Street North in 1902, and rebuilt it as a monumental Neoclassical structure in 1922.
The name was changed to Birmingham Trust National Bank (BTNB) when it secured a national charter in 1946. It opened its first "neighborhood branches" in East Lake, Mountain Brook, and Five Points West in the late 1940s and early 1950s. A new BTNB Southside office was completed at 24th Street and 6th Avenue South in 1955.
The bank erected a 7-story office building behind its 20th Street banking office in 1964.
BTNB was the first financial institution in the nation to introduce what was termed at the time an "automated central information system" in 1971. It trademarked the term "Anytime Teller" for its first automated teller machines in 1978. Voice actor June Wetzel provided the pre-recorded audio prompts that distinguished the service.
After regional acquisitions, the holding company SouthTrust Corporation was formed in 1981. The corporation rebranded all bank branches as SouthTrust Bank in 1982.
Presidents
- Henry Caldwell, 1887–1889
- William Graves, 1889–1890
- Paul Earle, 1890–1900
- Arthur W. Smith, 1900–
- T. O. Smith, –1925
- Walter Henley, 1925–
- Frank Plummer, 1960
The 1902 Birmingham Trust National Bank building
BTNB branches
- BJCC branch, 1040 19th Street North
- East Lake branch, 7324 1st Avenue North, East Lake (before 1960)
- Eastwood branch, 5389 Oporto-Madrid Boulevard, Eastwood
- Five Points West branch, 2136 Bessemer Road, Five Points West (before 1960)
- North Birmingham branch, 2921 26th Street North, North Birmingham (before 1960)
- Mountain Brook branch, 2903 Cahaba Road, Mountain Brook Village (before 1960)
- Southside office, 2401 6th Avenue South, Southside (opened 1955)
- Vestavia Hills branch, 724 Montgomery Highway (before 1960)
- Homewood branch, 1725 28th Avenue South (opened 1960)
- Hoover branch, 1600 Montgomery Highway (before 1960)
- Midfield branch (opened 1960)
References
- North Alabama (Illustrated) (1888) Birmingham: Southern Commercial Publishing Co.
- 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, pp. 321-322
- SouthTrust Bank website - accessed October 6, 2006