NationsBank was created in 1960.
NationsBank ended in 1998.
Nationsbank and BankAmerica merged in 1998
Nationsbank and BankAmerica merged in 1998
Nationsbank and BankAmerica merged in 1998
In 1998 Nationsbank acquired BankAmerica to become Bank of America. At that moment Nationsbank was one of the largest banking corporations in the United States.
The Bank of America that we know now, was created in the year 1998 when NationsBank acquired BankAmerica. While technically NationsBank acquired BankAmerica, the deal was structured as a merger and the combined entity was renamed as Bank of America Corporation. BoA is one of the largest banks in the world and is also a part of the Fortune 500 companies.
What was the ticker symbol for nations bank
Nationsbank and BankAmerica merged in 1998
C and S/Sovran merged with NCNB to form NationsBank, and Chandler was named president of the Mid-Atlantic Banking Group. He held that position until 1993,
Nationsbank merged with Bank of America and the resulting entity is named Bank of America. In the merger each share of NationsBank was exchanged for 1.1316 shares of Bank of America. Bank of America is currently worth about $18 a share so each share of NationsBank stock is worth $20.36. You can't sell NationsBank stock anymore, in order to sell it, you would need to have it converted to Bank of America stock by Bank of America's transfer agent which is Computershare.
C&S National Bank (Florida, Georgia & SC) merged with Sovran Bank in 1990 to create C&S/Sovran. In 1992, NCNB (North Carolina National Bank) successfully bid and acquired C&S/Sovran. NCNB then created the NationsBank brand and converted all of it's NCNB, C&S and Sovran branches to NationsBank. In 1998, NationsBank successfully acquired California based BankAmerica Corp and then re-branded all the NationsBank branches as Bank of America branches. So C&S Bank is defunct and is no more but many of it's former branches continue to operate today as Bank of America branches. For example, the former C&S National Bank branch at Oglethrope Mall in Savannah, GA continues to operate as a Bank of America branch.
Barnett Bank, originally based in Florida, was acquired by NationsBank in 1997. NationsBank later merged with Bank of America in 1998. Therefore, Barnett Bank is now part of Bank of America in South Florida.