NationsBank

NationsBank
IndustryBanking
PredecessorsNorth Carolina National Bank
C&S/Sovran
Founded1991 (1991)
Defunct1998 (1998)
FateMerged with BankAmerica
SuccessorBank of America Corporation
Headquarters,
United States
Key people

NationsBank was one of the largest banking corporations in the United States, based in Charlotte, North Carolina. The company named NationsBank was formed through the merger of several other banks in 1991, and prior to that had been through multiple iterations. Its oldest predecessor companies had been Commercial National Bank (CNB), formed in 1874, and American Trust Company founded in 1909. In 1998, NationsBank acquired BankAmerica, and modified that better-known name to become Bank of America Corporation. The CEO of NationsBank throughout its entire existence was Hugh McColl, who led the merger with BankAmerica and became the first CEO of the present-day Bank of America.