Sovran Bank [SEP] dissolved or abolished
Sovran Bank
Sovran Bank was a US-based regional bank that operated in Virginia between 1983 and 1990, and was the leading subsidiary of Sovran Financial Corporation. It was itself a product of a merger between "First & Merchants Bank" of Richmond and "Virginia National Bankshares" of Norfolk, both of which could trace back their history to the 1860s. In 1990 it was merged with Citizens & Southern National Bank to form C&S/Sovran Corp., which in turn merged with NCNB to form NationsBank which became Bank of
Bank & Trust Co., 1982
- First State Bank of Wise, 1982
- Northern Virginia Bank of Springfield, 1982
- First City Bank, Newport News, 1982
- Citizens National Bank, Fries, 1982
- Farmers Bank, Mathews, 1982
History Growth of Sovran Bank.
The name Sovran came from Glenn Monigle & Associates Inc. of Denver, Colorado.
In 1985, Sovran announced a merger with Suburban Bancorp, the fourth-largest bank in Maryland at the time. Silver Spring National Bank