Southern Commerce Bank

Southern Commerce Bank was established on June 8, 1987, originally under the name Parkway Commerce Bank. Following its establishment, the institution underwent several transformations, including a name change to Southern Commerce Bank on January 1, 1988. On July 8, 2006, Southern Commerce Bank transitioned to a national bank and became a member of the Federal Reserve System. On the same day, it also changed its primary regulatory agency to the Office of the Comptroller of the Currency. Southern Commerce Bank continued its operations until June 19, 2015, when it merged with Academy Bank, National Association, based in Colorado Springs, Colorado.

Below is a list of some important events in banks history, including mergers and acquisitions.

1987-06-08Institution established. Original name: Parkway Commerce Bank.

1988-01-01Changed Institution Name to Southern Commerce Bank.

2006-07-08Institution becomes member of the Federal Reserve System.

2006-07-08Changed Chartering Agency to The Office of the Comptroller of the Currency.

2006-07-08Changed Bank Class to National Bank, member of the Federal Reserve System (FRS).

2006-07-08Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2006-07-08Changed Institution Name to Southern Commerce Bank, National Association.

2015-06-19Merged and became part of Academy Bank, National Association in Colorado Springs, CO.