Yadkin Bank
- Bank Name:Yadkin Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #19861 - Inactive
- FED RSSD ID:#282329 - Inactive
History Of Yadkin Bank
Yadkin Bank was established on October 16, 1968, originally named Yadkin Valley Bank and Trust Company. The institution underwent a name change to Yadkin Bank on May 28, 2013. Over the years, Yadkin Bank expanded its footprint through several acquisitions, including Piedmont Bank in Statesville, North Carolina, in July 2002, and High Country Bank in Boone, North Carolina, in January 2004. Additional acquisitions included Cardinal State Bank in Durham, North Carolina, on March 31, 2008, and American Community Bank in Monroe, North Carolina, on April 17, 2009. The bank also acquired Vantagesouth Bank in Cary, North Carolina, on July 4, 2014, and NewBridge Bank in Greensboro, North Carolina, on March 1, 2016. The bank moved its main office to 325 East Front Street in Statesville, North Carolina, on July 4, 2014. Yadkin Bank changed its trust powers to full status in January 2016. Ultimately, on March 11, 2017, Yadkin Bank merged with and became part of First National Bank of Pennsylvania based in Greenville, Pennsylvania.
Below is a list of some important events in banks history, including mergers and acquisitions.
1968-10-16Institution established. Original name: Yadkin Valley Bank and Trust Company.
1971-06-23Changed Institution Name to Yadkin Valley Bank and Trust Company.
2002-07-31Acquired Piedmont Bank in Statesville, NC.
2004-01-01Acquired High Country Bank in Boone, NC.
2008-03-31Acquired Cardinal State Bank in Durham, NC.
2009-04-17Acquired American Community Bank in Monroe, NC.
2013-05-28Changed Institution Name to Yadkin Bank.
2014-07-04Acquired Vantagesouth Bank in Cary, NC.
2014-07-04Main Office moved to 325 East Front St., Statesville, NC 28677.
2016-01-28Changed Trust Powers to Full.
2016-03-01Acquired NewBridge Bank in Greensboro, NC.
2017-03-11Merged and became part of First National Bank of Pennsylvania in Greenville, PA.
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