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Encyclopedia > NationsBank

NationsBank was a large banking corporation in the United States, based in Charlotte, North Carolina. In 1998, it merged with Bank of America and took the latter's better-known name. For other places or people named Charlotte, see Charlotte (disambiguation). ... 1998 is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... Bank of America (BofA) (NYSE: BAC), based in Charlotte, North Carolina, is the third largest bank in the United States of America, measured in assets. ...


Commercial National Bank (CNB), the earliest forerunner of NationsBank opened for business in Charlotte in 1874.


In 1957, Commercial National merged with its longtime rival in Charlotte, American Trust Co., forming American Commercial Bank. American Commercial changed its name to North Carolina National Bank (NCNB) in 1960 after acquiring of Greensboro-based Security National Bank. In the early 70s, it reorganized as the leading subsidiary of NCNB Corporation. Greensboro is the name of some places in the United States of America: Greensboro, North Carolina This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...


NCNB expanded beyond North Carolina for the first time in 1982, when it purchased Lake City, Florida-based First National Bank of Lake City, its first interstate expansion. Hugh McColl became CEO of NCNB the following year.


In 1988, NCNB's assets grew to $60 billion ($60,000,000,000) after it bought the failed First RepublicBank of Dallas, Texas from the FDIC.


NCNB became NationsBank in 1991 after acquiring Atlanta-based C&S/Sovran Corp. NationsBank's assets grew to $118 billion following the merger. This article is about the state capital of Georgia. ...


In 1996, NationsBank acquired St. Louis-based Boatmen's Bancshares for $9.6 billion. The combined bank became the largest in the American South, with assets of $225 billion, and 2,600 branches stretching from North Carolina to New Mexico. The Gateway Arch, shown here behind the Old Courthouse, is the most recognizable part of the St. ...


The following year, NationsBank acquired Florida's largest bank, Jacksonville-based Barnett Bank, for $15.5 billion, growing the company's total assets to $284 billion.


In 1998, it merged with Bank of America,San Francisco, California, and the whole unit took on the name of Bank of America. With this merger, all of NationsBank's holdings, including some of the tallest buildings in the country (like Bank of America Plaza in Atlanta and Bank of America Corporate Center in Charlotte) took Bank of America's name. Headquarters for the new enterprise were established in Charlotte. 1998 is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... Bank of America (BofA) (NYSE: BAC), based in Charlotte, North Carolina, is the third largest bank in the United States of America, measured in assets. ... San Francisco skyline. ... Bank of America (BofA) (NYSE: BAC), based in Charlotte, North Carolina, is the third largest bank in the United States of America, measured in assets. ... Bank of America Plaza The Bank of America Plaza is a skyscraper located in Midtown Atlanta. ... This article is about the state capital of Georgia. ... Bank of America Corporate Center in Charlotte, NC The Bank of America Corporate Center is a 871 ft (265m) skyscraper in downtown Charlotte, North Carolina. ...


  Results from FactBites:
 
Herman v. Nationsbank Trust Co. (9218 words)
NationsBank argues that participants in the Polaroid ESOP are named fiduciaries with respect to the tendering of all shares held by the ESOP, making NationsBank merely a directed trustee with regard to the tendering of ESOP shares, subject only to § 1103(a)(1)'s commands to follow plan provisions that are not contrary to ERISA.
She agrees with NationsBank that if a trustee follows participants' explicit directions regarding allocated shares, the trustee's conduct with respect to those shares is judged only by whether it is "in accordance with the plan terms," as well as "not being contrary to the provisions of ERISA."See footnote 7 Id.
NationsBank's conduct with regard to those shares was not governed by § 1104(a)(1), and NationsBank was not required to exercise its independent judgment in deciding how and whether to tender those shares.
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