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Monday, April 3, 2023

Old Merchants Bank Absorbed Into Wachovia Bank & Trust Co., April 3, 1923

One Bank Now

Raleigh, April 3--Formal and complete transfer today of the Wachovia Bank & Trust Co.’s belongings to the old Merchants’ National building, which involves the effacement of the Merchants’ and its absorption into the Wachovia, leaves the local branch of the great Winston-Salem institution with a beautiful banking house downtown. Few changes are to be made in the personnel of the merged institutions.

From the front page of The Kinston Daily Free Press, April 3, 1923

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