| AmSouth Bancorporation | |
|---|---|
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| Slogan | The Relationship People |
| Fate | Merged with Regions Bank |
| Successor | Regions Financial Corporation |
| Founded | 1970[1] |
| Defunct | November 4, 2006[2] |
| Location | Birmingham, Alabama, USA |
| Industry | Finance and Insurance |
| Products | Financial Services |
| Key people | C. Regions Financial Corporation is a publicly held company based in Birmingham Alabama, USA, with the corporate headquarters at the Regions Center. Regions Financial Corporation is a publicly held company based in Birmingham Alabama, USA, with the corporate headquarters at the Regions Center. Year 1970 ( MCMLXX) was a Common year starting on Thursday (link shows full calendar of the Gregorian calendar. Events 1333 - Flood of the Arno River, causing massive damage in Florence as recorded by the Florentine chronicler Giovanni Villani Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Birmingham ( ˈbɜːmɪŋəm Ber -ming-um Alabama (formally the State of Alabama;) is a State located in the southern region of the United States of America. The United States of America —commonly referred to as the Financial services refer to services provided by the finance industry. Financial services refer to services provided by the finance industry. Dowd Ritter, Chief Executive Officer |
| Peak size | 12,000 (2004) employees |
AmSouth Bancorporation was a banking company headquartered in Birmingham, Alabama, and operated for its final year in existence as a bank holding company (subsidiary) of Regions Financial Corporation after a merger between the two banks. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Birmingham (ˈbɝmɪŋhæm is the largest City in the US state of Alabama and is the County seat of Jefferson County. Regions Financial Corporation is a publicly held company based in Birmingham Alabama, USA, with the corporate headquarters at the Regions Center. AmSouth was previously known as First National Bank of Birmingham first organized in 1872. AmSouth was in the financial services industry, and at its peak employed more than 12,000 people.
AmSouth's size more than doubled in 2000 when it absorbed Nashville, Tennessee-based First American National Bank. First American National Bank was a subsidiary of First American National Corporation, a financial institution based in Nashville Tennessee that served the states [3] With the merger came hundreds of branches across Tennessee along with several in Kentucky, Virginia, and Mississippi. Tennessee ( is a state located in the Southern United States. The Commonwealth of Kentucky ( is a state located in the East Central United States of America. The Commonwealth of Virginia ( is an American state Mississippi ( is a state located in the Deep South of the United States This is cited as a rare example of one bank absorbing another bank larger than itself. As part of the deal, AmSouth also acquired Deposit Guaranty Bank (which was operating as a subsidiary of First American).
On May 25, 2006, AmSouth announced it would merge with Regions Financial Corporation, another Birmingham-based bank, in a $10 billion deal. Events 1085 - Alfonso VI of Castile takes Toledo Spain back from the Moors. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Regions Financial Corporation is a publicly held company based in Birmingham Alabama, USA, with the corporate headquarters at the Regions Center. [4] The new entity, and all of its branches, will carry the Regions Bank name.
A list of branches that will be divested for the merger to be approved was issued by the Department of Justice on October 19, 2006. [5] The 39 branches divested in Alabama were sold to RBC Centura Bank and converted in Spring 2007. The Royal Bank of Canada ( Banque Royale du Canada in French is Canada 's largest company and Bank.
On November 4, 2006 Regions completed its acquisition of AmSouth. [2] AmSouth branches in Alabama and Florida either closed or converted to Regions on July 13, 2007. Branches in remaining states closed or converted on October 26, 2007, officially retiring the AmSouth name. The former AmSouth branches in parts of Northwest Georgia were converted on December 6, 2007.