North Carolina National Bank

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North Carolina National Bank (NCNB) was a bank based in Charlotte, North Carolina, prior to 1960 called American Commercial Bank. It is one of the direct predecessors of Bank of America.

[edit] History

In 1957 American Trust Co. and Commercial National Bank merged to form American Commercial Bank in Charlotte, North Carolina. In 1960 American Commercial Bank changed its name to North Carolina National Bank.

The bank later reorganized so that its legal status was that of the leading subsidiary of NCNB Corporation. In 1991 the corporation acquired C&S/Sovran Corp. and renamed itself NationsBank.

NationsBank acquired BankAmerica in 1998 and renamed the new company Bank of America. The corporate headquarters of the combined entity was retained in Charlotte, North Carolina.

[edit] References

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