Atlantic National Bank

Last updated
121 Atlantic Place, the former Atlantic National Bank Building 121 Atlantic Place.jpg
121 Atlantic Place, the former Atlantic National Bank Building
The former Atlantic National Bank Annex Jacksonville FL Schultz Bldg tall pano01.jpg
The former Atlantic National Bank Annex

The Atlantic National Bank was an American bank based in Jacksonville, Florida. It existed from 1903 until 1985, when it was acquired by First Union. Subsequently, First Union changed its name to Wachovia Corporation when it also acquired Wachovia National Bank, then the merged company was acquired by Wells Fargo in 2008. The company constructed two significant buildings in Downtown Jacksonville: 121 Atlantic Place (formerly the Atlantic National Bank Building) and the Schultz Building (formerly the Atlantic National Bank Annex).

History

Founded in 1903 by Edward W. Lane, railroad magnate Thomas P. Denham, and Fred W. Hoyt, Atlantic National Bank was one of the most significant locally based banking institutions of its era. As time passed the bank went national, and developed correspondent relationships with banks in other regions of the country, including Wells Fargo in San Francisco. [1]

The bank was initially located in the Dyal-Upchurch Building in Downtown Jacksonville, but built its own building, the Atlantic National Bank Building (now 121 Atlantic Place) between 1908 and 1909. [2] The building narrowly lost out in a race to become Jacksonville's first skyscraper, but at 135-foot (41 m) in height, it was slightly taller than its competition, making it the tallest building in Florida at the time. [2] [3] By 1926 the bank had grown so much that it opened the Atlantic National Bank Annex (now the Schultz Building) directly behind the main building. [4] Both buildings are among the most historically significant in Jacksonville.

In 1961 Edward Lane, Jr., son of founder Edward Lane, was named president. In 1976 he became chairman of the holding company, and the bank grew to include assets of $3.9 billion. In 1985 Lane negotiated the merger of Atlantic National Bank with First Union of Charlotte, North Carolina. [5] First Union was subsequently absorbed by Wachovia and then Wells Fargo. [1]

Related Research Articles

Southeast Financial Center Real estate development in Miami, Florida

Southeast Financial Center is a two-acre development in Miami, Florida, United States. It consists of a 765 feet (233 m) tall office skyscraper and its 15-story parking garage. It was previously known as the Southeast Financial Center (1984–1992), the First Union Financial Center (1992–2003) and the Wachovia Financial Center (2003–2011). In 2011, it retook its old name of Southeast Financial Center as Wachovia merged with Wells Fargo and moved to the nearby Wells Fargo Center.

First Union Defunct banking company

First Union Corporation was a bank holding company that provided commercial and retail banking services in eleven states in the eastern U.S. First Union also provided various other financial services, including mortgage banking, credit card, investment banking, investment advisory, home equity lending, asset-based lending, leasing, insurance, international and securities brokerage services and private equity, through other subsidiaries. In September 2001, First Union completed their acquisition of Wachovia National Bank to become Wachovia Corporation, which used to be one of the largest financial holding companies in the US. As of the end of 2000, First Union had over $171 billion of total assets, over 70,000 employees and 2,193 branches.

Bank of America Tower (Jacksonville)

Bank of America Tower is a skyscraper in the downtown area of Jacksonville, Florida, at the northwest corner of Bay and Laura streets. At 617 ft (188 m), it is the tallest building in Jacksonville, and the seventeenth-tallest in Florida. It was built as the headquarters of Barnett Bank and originally named Barnett Center, but the name was changed to NationsBank Tower in 1998 after Barnett Bank was acquired by NationsBank. NationsBank soon acquired Bank of America and the building's name was changed to Bank of America Tower in 1999. The 42-floor structure was designed by German-American architect Helmut Jahn, and is constructed of reinforced concrete.

Schultz Building United States historic place

The Schultz Building, formerly the Atlantic National Bank Annex, is a historic building in Jacksonville, Florida, United States. It was built between 1925 and 1926 for the Atlantic National Bank as an annex to the Atlantic National Bank Building, located immediately behind it. It stands at 118 West Adams Street, and was added to the U.S. National Register of Historic Places in 1997 as part of the Downtown Jacksonville Multiple Property Submission.

11 East Forsyth United States historic place

11 East Forsyth, formerly known as the Lynch Building and the American Heritage Life Building, is a historic structure in Jacksonville, Florida. Originally developed by Stephen Andrew Lynch, as its current name suggests, it is located at 11 East Forsyth Street in Downtown Jacksonville. On December 23, 2003, it was added to the U.S. National Register of Historic Places.

100 North Main Street

100 North Main Street, also known as Wells Fargo Center, is a postmodern, 460-foot, 34-floor office skyscraper in Winston-Salem, North Carolina, USA. Originally named Wachovia Center, the building served as the corporate headquarters of Wachovia bank from 1995, the year of the tower's construction, to 2001, the year the corporation merged with First Union and moved its headquarters to Charlotte, North Carolina. It is the tallest building in the Piedmont Triad region and was the tallest in the Carolinas outside Charlotte until 2008, when RBC Plaza was completed in Raleigh.

Wells Fargo Center (Jacksonville) Skyscraper in Jacksonville, Florida

Wells Fargo Center is a skyscraper in the downtown area of Jacksonville, Florida, at the southeast corner of Bay and Laura streets. Standing 535 feet tall, it is the city's second-tallest building. It was formerly known as the Modis Building until 2011, when Wells Fargo acquired the naming rights.

Riverplace Tower Office building in Jacksonville, FL

The Riverplace Tower is a 28-floor office building on the south bank of the St. Johns River in Jacksonville, Florida. At the time of its construction, it was the tallest building in the state of Florida and was the defining landmark in Jacksonville's skyline. On April 18, 2012, the American Institute of Architects's Florida Chapter placed the building on its list of Florida Architecture: 100 Years. 100 Places as the Riverplace Tower / Formerly Gulf Life Tower.

Wachovia or Wachovia Building may refer to:

Three Wells Fargo Center Skyscraper in Charlotte, North Carolina

Three Wells Fargo Center is a 450-foot (137 m) skyscraper in Charlotte, North Carolina. Completed in 2000, the building consists of 32 floors with 890,000 square feet (83,000 m2) of office space; it also includes an underground parking garage, an attached 10-story low-rise known as the Ratcliffe on the Green, and connects to Two Wells Fargo Center via skybridge, as part of the Overstreet Mall.

Two Wells Fargo Center Skyscraper in Charlotte, North Carolina

Two Wells Fargo Center is a 433-foot (132 m) skyscraper in Charlotte, North Carolina. Completed in 1971, it surpassed the Winston Tower in Winston-Salem as the tallest building in North Carolina, until 1974 when it was surpassed by Bank of America Plaza. It is currently the 13th tallest building in Charlotte. The building consists of 32 floors, an atrium, plaza, seven-story parking garage, and is connected to neighboring buildings via skybridges, as part of the Overstreet Mall.

Laura Street Trio

The Laura Street Trio is a group of three historic buildings located on and near Laura Street in downtown Jacksonville, Florida. The Trio consists of two perpendicularly arranged skyscrapers, the Florida Life Building and the Bisbee Building, plus a third structure, the Old Florida National Bank, which is framed by the other two in a unique pattern. The three buildings, constructed in the wake of the Great Fire of 1901, are architecturally significant, but are currently endangered.

121 Atlantic Place

121 Atlantic Place, formerly the Atlantic National Bank Building, is a historic skyscraper in Jacksonville, Florida. It was built in 1909 as the headquarters for the Atlantic National Bank, and is located at 121 West Forsyth Street. It was the tallest building in Jacksonville and in Florida from 1909 to 1912, and remains an office building today.

Wells Fargo Center (Tampa) High rise in Tampa, Florida

Wells Fargo Center, formerly the Wachovia Center, is a 311-foot (95 m) high rise in Tampa, Florida, U.S.A., anchored by Wells Fargo & Company, Phelps Dunbar and UBS. It was completed in 1985 and has 22 floors. Under new ownership in 2013, the building is undergoing a renovation of the fitness center, parking garage and common areas including the restrooms and corridors. The building received Gold LEED certification in 2010. It was originally known as First Union Plaza until First Union Corporation completed its merger into Wachovia in 1993, then that merged into Wells Fargo in 2008. It is the 13th tallest building in Tampa.

Florida National Bank

Florida National Bank (FNB), founded in 1905, was the second largest commercial bank in Florida. Florida National Group was acquired in 1990 by First Union Corporation, which was renamed Wachovia in 2001.

Mowbray and Uffinger comprised an architectural partnership in New York City formed in 1895. Known for bank buildings and as vault engineers they designed over 400 banks in the pre-World War II era throughout the country. The principals were Louis Montayne Mowbray (1867-1921) and Justin Maximo Uffinger Sr. (1871-1948).

Architecture of Jacksonville

The architecture of Jacksonville is a combination of historic and modern styles reflecting the city's early position as a regional center of business. According to the National Trust for Historic Preservation, there are more buildings built before 1967 in Jacksonville than any other city in Florida, but it is also important to note that few structures in the city center predate the Great Fire of 1901. Numerous buildings in the city have held state height records, dating as far back as 1902, and last holding a record in 1981.

Laura Street Street in Jacksonville

Laura Street is a north–south street in Jacksonville, Florida, United States, named for the daughter of the city's founder, Isaiah D. Hart. Historically, the downtown portion of Laura Street has been considered the financial district of Jacksonville.

Edward Ball Building 141 feet (43 metres), 11-floor low-rise building in downtown Jacksonville

Edward Ball Building is a 141 feet, 11-floor office building at 214 North Hogan Street in downtown Jacksonville, Florida. It presently serves as the Jacksonville City Hall Annex, housing several departments that were displaced in 1997 when city government moved to the St. James Building.

References

  1. 1 2 "Florida". wellsfargohistory.com. Wells Fargo. 2006. Archived from the original on April 1, 2012. Retrieved November 8, 2011.
  2. 1 2 Wood, Wayne (1992). "D-58: Atlantic National Bank Building". Jacksonville's Architectural Heritage. University Press of Florida: 61. ISBN   0-8130-0953-7 . Retrieved November 7, 2011.
  3. Ennis Davis (March 6, 2008). "A Century of Florida's Tallest Skyscrapers". metrojacksonville.com. Retrieved November 7, 2011.
  4. Wood, Wayne (1992). "D-9: Atlantic National Bank Annex". Jacksonville's Architectural Heritage. University Press of Florida: 61. ISBN   0-8130-0953-7 . Retrieved November 8, 2011.
  5. Kerr, Jessie-Lynn (July 28, 2004). "Retired lawyer, bank executive was also a longtime community leader". The Florida Times-Union . Jacksonville, Florida. Retrieved November 7, 2011.