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Georgia Bank & Trust company history timeline

1994

Assets reached $10.5 billion by 1994, with 263 offices in 138 cities in North and South Carolina.

1995

In 1995, BB&T and Winston-Salem-based Southern National Corporation, the state’s fifth largest bank-holding company, completed a “merger of equals,” resulting in 437 branches in 220 cities in the Carolinas and Virginia, all carrying the BB&T name.

1997

In 1997, BB&T purchased Fidelity Federal Bankshares of Richmond, Va., and Virginia First Financial of Petersburg, Va.

1999

In 1999, BB&T completed the acquisition of MainStreet Financial Corp. of Martinsville, Va.; First Citizens Corp. of Newnan, Ga.; Mason-Dixon Bancshares of Westminster, Md.; Matewan Bancshares of Williamson, W.Va.; and First Liberty of Macon, Ga.

2001

2001: SunTrust acquires the Florida banking franchise of Huntington Bancshares.

2002

In September 2002, BB&T completed its acquisition of Regional Financial Corporation (First South Bank) of Tallahassee, Fla.

2003

In July 2003, BB&T completed the acquisition of First Virginia Banks Inc. of Falls Church, Va.

2004

BB&T completed the acquisition of Republic Bancshares Inc. of St Petersburg, Fla., in April 2004.

2004: SunTrust is one of the first two financial institutions to clear transactions electronically.

2005

2005: SunTrust Securities and Alexander Key combine to form SunTrust Investment Services, a full-service broker affiliate.

2006

In 2006, BB&T completed the acquisitions of Main Street Banks Inc. of Atlanta, Ga., and First Citizens Bancorp of Cleveland, Tenn.

2007

BB&T completed the acquisition of Coastal Financial Corporation of Myrtle Beach, S.C., in 2007.

2009

In August 2009, BB&T acquired the banking operations of Colonial Bank of Montgomery, Ala., in an FDIC-assisted deal.

2013

2013: SunTrust opens corporate banking offices in Dallas, San Francisco and Chicago.

2014

2014: SunTrust Robinson Humphrey acquires Lantana Oil and Gas Partners, a leading acquisition and divestiture firm in the energy sector.

2016

2016: SunTrust announces the acquisition of the assets of Pillar Financial LLC., a leading agency multi-family lender.

2019

2019: SunTrust announces merger with Winston-Salem, N.C.-based BB&T. The merger would create the sixth-largest bank in the United States, with new company headquarters in Charlotte, N.C.

2022

© 2022 Synovus Financial Corp.

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Founded
1989
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Headquarters
Augusta, GA
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Georgia Bank & Trust may also be known as or be related to Georgia Bank & Trust, Georgia Bank And Trust and Georgia Bank and Trust.