First American National Bank

Its name and logo disappeared in December 2000 when it was acquired by AmSouth Bank , a much smaller institution based in Birmingham, Alabama . First American was sold after a series of unprofitable mergers, including one with Jackson, Mississippi -based Deposit Guaranty Bank that proved to be a hurdle the corporation could not clear financially.

First American's demise ended Nashville's storied history as a strong financial center. It, along with Third National Bank (now a part of SunTrust ) and Commerce Union Bank (now a part of Bank Of America ), was once involved in a tight three-way battle for market share that ultimately helped all three banks expand well beyond their respective bounds. When the resources of the three could no longer stand the rapid expansion and numerous acquisitions, they all succumbed and merged with other banks. FANB, the largest of these three banks, was the only one to fold itself into a smaller institution. As of 2005 , Nashville is still home to several local banks, but most do not exist outside of Davidson County .

As of 2005, AmSouth Bank continues First American's former tradition of having the highest market share in Nashville, however it is being strongly challenged by Memphis -based First Tennessee Bank , which largely ignored the Nashville market until the early 2000s , mostly due to FANB's dominance there.

There are several regional banks around the United States now named "First American Bank," including one in Alabama. They are not affiliated with the former First American National Bank or AmSouth Bancorporation.

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First American National Bank

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