First American Bank

First American Bank is the lead subsidiary bank of Alabama National BanCorporation, which is headquartered at 1927 1st Avenue North in Downtown Birmingham. First American was formerly known as National Bank of Commerce. First American has 35 branches across the state of Alabama.

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. The deal was approved in Janaury 2008, with completion set for mid year.

Reference

• "Alabama National being bought for $1.6 billion", Birmingham News, September 6, 2007.

External Links

First American Bank website