Traders National Bank: Difference between revisions
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'''Traders National Bank''' was a banking office that opened in [[Birmingham]] in [[February 17]], [[1904]] with $100,000 in capital stock and $45,000 in deposits after one month of operation. It was headed by [[John Frye]] with [[O. E. Smith]] as vice president and [[C. H. Seals]] as assistant cashier. | '''Traders National Bank''' was a banking office that opened in [[Birmingham]] in [[February 17]], [[1904]] with $100,000 in capital stock and $45,000 in deposits after one month of operation. It was headed by [[John Frye]] with [[O. E. Smith]] as vice president and [[C. H. Seals]] as assistant cashier. | ||
Traders National Bank merged with the [[American Trust and Savings Bank]] to form the [[American-Traders National Bank]] and opened branch offices in [[Leeds]], [[North Birmingham]], [[Woodlawn]], [[Fairfield]], [[Ensley]] and [[Tarrant]]. It also constructed the [[John A. Hand Building|American Trust Building]] on the southeast corner of [[1st Avenue North]] and [[20th Street North|20th Street]], briefly the city's tallest skyscraper, as its headquarters. | |||
The bank was acquired by the [[AmSouth Bank|First National Bank of Birmingham]] in [[1930]] during the [[Great Depression]]. The combination took over the American Trust building. | |||
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[[Category:Defunct banks]] | [[Category:Defunct banks]] | ||
[[Category:1904 establishments]] | [[Category:1904 establishments]] | ||
Revision as of 10:34, 31 May 2014
Traders National Bank was a banking office that opened in Birmingham in February 17, 1904 with $100,000 in capital stock and $45,000 in deposits after one month of operation. It was headed by John Frye with O. E. Smith as vice president and C. H. Seals as assistant cashier.
Traders National Bank merged with the American Trust and Savings Bank to form the American-Traders National Bank and opened branch offices in Leeds, North Birmingham, Woodlawn, Fairfield, Ensley and Tarrant. It also constructed the American Trust Building on the southeast corner of 1st Avenue North and 20th Street, briefly the city's tallest skyscraper, as its headquarters.
The bank was acquired by the First National Bank of Birmingham in 1930 during the Great Depression. The combination took over the American Trust building.