SouthTrust Bank: Difference between revisions
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SouthTrust was founded in [[1887]] as '''Birmingham Trust and Savings Company''', it grew to a bank spanning 9 states from Virginia to Texas. 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]]. | SouthTrust was founded in [[1887]] as '''Birmingham Trust and Savings Company''', it grew to a bank spanning 9 states from Virginia to Texas. 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]]. | ||
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. | 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]]. | ||
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BTNB became known as SouthTrust Bank in [[1982]]. SouthTrust was acquired by Charlotte, NC-based [[Wachovia|Wachovia Corporation]] in [[2004]]. The SouthTrust name disappeared from bank buildings in October [[2005]]. The bank's name and Trade Marks were acquired by First National Bank of George West, headquartered in George West, Texas, in [[2013]]. | BTNB became known as SouthTrust Bank in [[1982]]. SouthTrust was acquired by Charlotte, NC-based [[Wachovia|Wachovia Corporation]] in [[2004]]. The SouthTrust name disappeared from bank buildings in October [[2005]]. The bank's name and Trade Marks were acquired by First National Bank of George West, headquartered in George West, Texas, in [[2013]]. | ||
== | ==BTNB branches== | ||
* [[BTNB BJCC branch|BJCC branch]], 1040 [[19th Street North]] | * [[BTNB BJCC branch|BJCC branch]], 1040 [[19th Street North]] | ||
* [[BTNB Eastwood branch|Eastwood branch]], 5389 [[Oporto-Madrid Boulevard]] | * [[BTNB East Lake branch|East Lake branch]], 7324 [[1st Avenue North]], [[East Lake]] | ||
* [[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 Mountain Brook branch|Mountain Brook branch]], 2903 [[Cahaba Road]], [[Mountain Brook Village]] | |||
* [[BTNB Southside office|Southside office]], 2401 [[6th Avenue South]], [[Southside]], opened [[1955]] | |||
==References== | ==References== | ||
Revision as of 16:20, 3 January 2015
SouthTrust Bank was a large regional bank headquartered in the SouthTrust Tower at 420 20th Street North in downtown Birmingham. It was purchased in 2004 by Charlotte, North Carolina-based Wachovia and again sold to Wells Fargo Bank.
History
SouthTrust was founded in 1887 as Birmingham Trust and Savings Company, it grew to a bank spanning 9 states from Virginia to Texas. 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.
After regional acquisions, the holding company SouthTrust Corporation was formed in 1981.
BTNB became known as SouthTrust Bank in 1982. SouthTrust was acquired by Charlotte, NC-based Wachovia Corporation in 2004. The SouthTrust name disappeared from bank buildings in October 2005. The bank's name and Trade Marks were acquired by First National Bank of George West, headquartered in George West, Texas, in 2013.
BTNB branches
- BJCC branch, 1040 19th Street North
- East Lake branch, 7324 1st Avenue North, East Lake
- Eastwood branch, 5389 Oporto-Madrid Boulevard, Eastwood
- Five Points West branch, 2136 Bessemer Road, Five Points West
- Mountain Brook branch, 2903 Cahaba Road, Mountain Brook Village
- Southside office, 2401 6th Avenue South, Southside, opened 1955
References
- SouthTrust Bank website - accessed October 6, 2006