World's Foremost Bank
- Bank Name:World's Foremost Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #57079 - Inactive
- FED RSSD ID:#2931603 - Inactive
History Of World's Foremost Bank
World's Foremost Bank was established on March 23, 2001, originally under the name World's Foremost Bank, National Association. In its early years, the institution underwent several transformations, including a significant change on July 28, 2003, when it rebranded as World's Foremost Bank and transitioned to a state-chartered bank, withdrawing from membership in the Federal Reserve System. Additionally, on February 6, 2006, it changed its organization type to a credit card bank. After operating as an independent entity for several years, World's Foremost Bank merged with Synovus Bank on September 26, 2017, becoming part of the Synovus Bank network based in Columbus, Georgia.
Below is a list of some important events in banks history, including mergers and acquisitions.
2001-03-23Institution established. Original name: World's Foremost Bank, National Association.
2003-07-28Institution withdraws from membership in the Federal Reserve System.
2003-07-28Changed Chartering Agency to State.
2003-07-28Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
2003-07-28Changed Primary Federal Regulatory Agency to FDIC.
2003-07-28Changed Institution Name to World's Foremost Bank.
2006-02-06Changed Organization Type to Credit Card Bank.
2017-09-26Merged and became part of Synovus Bank in Columbus, GA.
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