What Are Some Major Banks in Georgia?

What Are Some Major Banks in Georgia?

A few of the top financial institutions in Georgia are Sun Trust Bank, Wells Fargo N.A. and Bank of America N.A. Among the state's leading community banks are Queensborough National Bank, Thomasville National Bank and Trust Company, and Farmers and Merchants Bank.

As of December 2014, Sun Trust Bank exceeded $40 billion in deposits in its 254 Georgia branches. Its total assets topped $178 billion. Headquartered in Atlanta, Georgia, the bank was founded in 1985 and has branches in 11 southern states and the District of Columbia.

Wells Fargo N.A. operates 284 offices in the state and exceeds $32 billion in deposits. The bank's headquarters are in Sioux Falls, South Dakota, with branches located throughout the nation and in 35 countries.

Bank of America N.A. is an international bank headquartered in Charlotte, North Carolina. It ranks as the second-largest bank in the United States by assets and, after acquiring Merrill Lynch, is the largest wealth management corporation in the world.

Queensborough National Bank, headquartered in Louisville, Georgia, began in 1902 as First National Bank and Trust Company and took its present name in 2006. The bank has 22 branches in the state.

In 1995, Thomasville National Bank became Thomas County's first bank, and it prides itself on serving its hometown neighbors. Offering personal and business banking, mortgage services and wealth management, Thomasville National Bank has grown quickly to a level of prominence in the industry.

The only bank in Lakeland, Georgia, is Farmers and Merchants Bank, and it has offices in Conyers, Homerville and Nashville and two branches in Valdosta. It first opened in Milltown in 1907 with opening day deposits totalling $30. Milltown later changed its name to Lakeland.