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Article: RBC Centura completes acquisition of Alabama National BanCorporation.
- Article from:
- PR Newswire
- Article date:
- February 25, 2008
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Deal expands RBC Centura network to more than 430 Southeast locations
RALEIGH, NC, Feb. 25 /PRNewswire-FirstCall/ -- RBC Centura Banks, Inc., a wholly owned subsidiary of Royal Bank of Canada (RY on NYSE and TSX), today announced completion of its acquisition of Alabama National BanCorporation (ANB), parent of 10 subsidiary banks and other affiliated businesses in Alabama, Florida and Georgia.
"This acquisition puts RBC Centura in position to better serve the banking needs of businesses, business owners and professionals in the Southeast," said Scott Custer, chairman and chief executive officer of RBC Centura. "By doubling our presence in both Alabama ...