Main Street Bank

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Main Street Banks was a bank based in Atlanta, Georgia. In 2006, it was acquired by BB&T. The bank operated 24 branches.[1]

History

The bank was founded in 1901 as The Bank of Covington.[2]

In 1996, the bank was renamed Main Street Banks.[2]

In December 2002, the company acquired First National Bank of Johns Creek for $26.2 million.[3]

In May 2003, the company acquired First Colony Bancshares Inc. for $96 million.[4]

In June 2004, the bank laid off 37 employees.[5]

In June 2006, the bank was acquired by BB&T for $599 million in stock.[6]

References

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