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((More citations needed|date=November 2007))'''North Carolina National Bank''' (NCNB) was a bank based in [[Charlotte, North Carolina|Charlotte]], [[North Carolina]], prior to 1960 called American Commercial Bank. It was one of the top banking institutions.  From 1974 to 1983, the bank was run by chairman and chief executive officer Tom Storrs.<ref>((Cite news | url=https://www.reuters.com/article/bankofamerica-storrs-idUSL2E8DC1IS20120212 |title = Tom Storrs, CEO who helped build Bank of America, dies|newspaper = Reuters|date = 12 February 2012))</ref>  What was NCNB forms the core of today's [[Bank of America]].

==History==
In 1957 American Trust Co. (founded 1901)<ref>The American Trust Company was a bank established in Charlotte in 1901.</ref><ref>[http://vlex.com/vid/luther-snyder-trust-executors-36681666 Estate of J. Luther Snyder, George C. Snyder and American Trust Company], Executors Appellants, v. United States of America, Appellee., 285 F.2d 857 (4th Cir. 1961)</ref> and [[Commercial National Bank]] (founded 1876) merged to form American Commercial Bank in Charlotte, North Carolina. In 1960 American Commercial Bank merged with [[Greensboro]]-based Security National Bank to form North Carolina National Bank. While American Commercial was the nominal survivor, the merged bank gave up American Commercial's state charter to operate under the Greensboro bank's national charter. In 1969, it reorganized as a holding company, NCNB Corporation.

In 1983, Ellis Bank of Florida merged with NCNB<ref>((Cite web|title=Banker Alpheus Lee Ellis, One of Forbes' 400 Richest, Dies at 89|url=https://apnews.com/article/7e6513646e47c96e139edc32cfd601bc|access-date=2022-02-24|website=Associated Press|language=en))</ref> and then, in 1986, NCNB announced plans for an 875-foot signature skyscraper in downtown Charlotte that would serve as its corporate headquarters. In 1991, while construction was underway, NCNB acquired [[C&S/Sovran Corp.]] of [[Atlanta]] and [[Norfolk, Virginia|Norfolk]] and took the new name, [[NationsBank]]. The new skyscraper opened in 1992 as NationsBank Corporate Center.

In 1998 NationsBank acquired BankAmerica Corp. and took the name [[Bank of America]] which now operates in all 50 states. The transaction was run by [[Hugh McColl]].<ref>((cite news|last1=Martin|first1=Mitchell|title=Nations Bank Drives $62 Billion Merger : A New BankAmerica:Biggest of U.S. Banks|url=https://www.nytimes.com/1998/04/14/news/14iht-banks.t_0.html|access-date=4 September 2015|work=New York Times|date=14 April 1998))</ref><ref>((cite news|last1=Benoit|first1=David|title=BofA Legend Hugh McColl Sells Boutique Firm to Deloitte|url=https://blogs.wsj.com/moneybeat/2013/06/10/bofa-legend-hugh-mccoll-sells-boutique-firm-to-deloitte/|access-date=4 September 2015|publisher=Wall Street Journal Blogs|date=10 June 2013))</ref> Bank of America retains NCNB/NationsBank's pre-1998 stock price history, and is headquartered at what is now [[Bank of America Corporate Center]].

The former [[Atlantic Bank and Trust Company Building|North Carolina National Bank Building]] in [[Burlington, North Carolina]], was added to the [[National Register of Historic Places]] in 1984.<ref name="nris">((NRISref|version=2010a))</ref>

== References ==
((Reflist))
((Bank of America))
((Authority control))

[[Category:Bank of America legacy banks]]
[[Category:Banks disestablished in 1991]]
[[Category:Banks established in 1960]]
[[Category:Defunct banks of the United States]]

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