 | This article needs additional citations for verification. (January 2010) |
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| Industry | Banking |
|---|---|
| Predecessors | North Carolina National Bank C&S/Sovran |
| Founded | 1991 |
| Defunct | 1998 |
| Fate | Merged with BankAmerica |
| Successor | Bank of America Corporation |
| Headquarters | , |
NationsBank was one of the largest banking corporations in the United States, based in Charlotte, North Carolina.[1] The company named NationsBank was formed through the merger of several other banks in 1991, and prior to that had been through multiple iterations. Its oldest predecessor companies had been Commercial National Bank (CNB), formed in 1874, and American Trust Company founded in 1909.[citation needed] In 1998, NationsBank acquired BankAmerica, and modified that better-known name to become Bank of America Corporation.[2] The CEO of NationsBank throughout its entire existence was Hugh McColl, who led the merger with BankAmerica and became the first CEO of the present-day Bank of America.
- ^ Pearlstein, Steven; Singletary, Michelle (October 24, 1995). "Modest Gains Seen if NationsBank, BankAmerica Merge". The Washington Post. p. Financial D01. Archived from the original on June 4, 2011. Retrieved 2001-01-17..
- ^ Martin, Mitchell (April 14, 1998). "Nations Bank Drives $62 Billion Merger: A New BankAmerica:Biggest of U.S. Banks". The New York Times.