The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. The bank was founded in San Francisco, and took its present form when NationsBank of Charlotte acquired it in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase, and the eighth largest bank in the world. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks. Its bank operates 2,781 branches in 15 states and Washington, D.C., and offers consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services. It is on the list of largest banks in the United States by assets; as of June 2021, it is the 10th largest bank with $509 billion in assets. As of January 2021, Truist Insurance Holdings is the seventh largest insurance broker in the world with $2.27 billion in annual revenue.
BBVA USA was a bank headquartered in Birmingham, Alabama. A subsidiary of Spanish multinational financial services company Banco Bilbao Vizcaya Argentaria from 2007 until 2021, it was acquired by Pittsburgh based bank holding company and financial services corporation PNC Financial Services. BBVA USA operated chiefly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas.
Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates 1,952 automated teller machines and 1,454 branches in 16 states in the Southern and Midwestern United States.
Colonial Bank, formerly a subsidiary of Colonial BancGroup, was headquartered in Montgomery, Alabama. Colonial Bank had 346 branches in the states of Alabama, Georgia, Florida, Nevada and Texas.
Doral Financial Corporation was the holding company of Doral Bank. It was founded in 1972. At the time the bank closed in February, 2015, it had $5.9 billion in assets and 26 branches.
MUFG Union Bank is an American full-service bank with 398 branches in California, Washington and Oregon which is wholly owned by MUFG Bank. The bank, formerly known as Union Bank of California, N.A., has operations in California, Washington and also has commercial branches in Dallas, Houston, New York City and Chicago, as well as two international offices. Headquartered in New York City, MUFG Union Bank, N.A. is a subsidiary of holding company MUFG Americas Holdings Corporation and a member of the Mitsubishi UFJ Financial Group.
New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York, with 225 branches in New York, New Jersey, Ohio, Florida, and Arizona. NYCB is on the list of largest banks in the United States.
Barnett Bank was an American bank based in Florida. Founded in 1877, it eventually became the largest commercial bank in Florida with over 600 offices and $41.2 billion in deposits. Barnett was purchased by NationsBank in 1997.
U.S. Century Bank is a community bank in Miami-Dade County, Florida, with headquarters in the city of Doral. U.S. Century Bank is a Minority Depository Institution (MDI) that provides banking services throughout South Florida. It has approximately $1.7 billion in total assets, $166.3 million in equity capital, and a branch network that includes 11 locations in Miami-Dade and Broward counties. It is a member of the Federal Deposit Insurance Corporation and rated five stars by Bauer Financial, the independent bank rating and research firm.
EverBank, now TIAA Bank, is an American diversified financial services company providing banking, mortgages, and investing services. It is based in Jacksonville, Florida, U.S. It operates through standard banking offices and through its Direct Banking division. EverBank Direct operates by telephone, mail, and over the Internet. As of September 30, 2015, EverBank had approximately $25.2 billion in total assets.
ShoreBank was a community development bank founded and headquartered in Chicago. At the time of its closing it was the oldest and largest such institution, and in 2008 had $2.6 billion in assets. It was owned by ShoreBank Corporation, a regulated bank holding company.
Corus Bankshares, Inc. operated as the holding company for Corus Bank, N.A., a United States company that offered consumer and corporate banking products and services.
The South Financial Group, originally known as Carolina First Corporation, was a bank holding company headquartered in Greenville, South Carolina. The South Financial Group was the parent company of Carolina First, with branch locations in North and South Carolina and Mercantile Bank, with branch locations in Florida.
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating financial centers in 21 states and Washington, D.C., with locations from Connecticut to Florida and west to California. Wachovia provided global services through more than 40 offices around the world.
Great Florida Bank, headquartered in Miami Lakes, Florida was established on June 30, 2004 as a state-charted commercial bank. The bank was listed on the NASDAQ Global Market (GFLB) on December 5, 2007 and joined the American Bankers Association Community Bank Index in June 2008. At the end of 2009, it was the 11th-largest South Florida-based bank by assets. As of April 13, 2010, according to a consent order filed with the Federal Deposit Insurance Corp. the bank is required to raise additional capital. On January 31, 2014, Weston-based Florida Community Bank acquired Great Florida Bank elevating its status to the fourth largest bank headquartered in Florida, with about $5 billion in assets and more than 60 locations along both Florida coasts and in the Orlando area.
IberiaBank Corporation, stylized as IBERIABANK, is an American financial holding company headquartered in Lafayette, Louisiana, and is the largest bank based in the state. Founded in 1887, it now has 325 combined locations, including 190 bank branches and three loan production offices in 12 states primarily throughout the South. The company has 16 wealth management locations in five states, and one Iberia Capital Partners office in New Orleans.
City National Bank of Florida (CNBFL), based in Miami, Florida, is the second-largest financial institution in the state with over $20 billion in assets. CNBFL has 32 branches, from Miami-Dade County to the greater Orlando area, and nearly 1,000 employees. Since 2015, CNBFL has been owned by Chilean bank Banco de Crédito e Inversiones.
Florida Community Bank, also known as FCB, was an American bank based in Weston, Florida that provided consumer and business banking services to communities throughout the state. With roots tracing back to 1923, the legacy Florida Community Bank was the first bank established in Collier County. In January 2010, Florida Community Bank was purchased by Bond Street Holdings Inc, a Weston-based holding company with over $740 million in capital. The acquisition allowed the new Florida Community Bank to leverage its name and presence throughout the state of Florida.
