Company Information

Get to know SouthTrust Bank

SouthTrust Corporation was a large U.S. bank holding company headquartered in Birmingham, Alabama. Founded in 1906, it grew to become one of the largest and most prominent banks in the Southeastern United States, operating over 700 branches and 1,000 ATMs across nine states. The bank provided a full range of commercial and retail banking services, including deposit accounts, loans, mortgages, and investment services. In 2004, SouthTrust was acquired by Wachovia for $14.3 billion, and its branches were subsequently rebranded. Wachovia was later acquired by Wells Fargo in 2008, and all remaining legacy operations are now part of Wells Fargo.

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SouthTrust Bank

United States

Founded in

1934 (92 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.