Flag Financial - Ownership and Business Overview

Financial ServicesCompany

Flag Financial Ownership

Who owns Flag Financial?

Flag Financial is owned by RBC Centura Banks. It was acquired on August 9, 2006.

Flag Financial Business Overview

Where is Flag Financial headquartered?

Flag Financial is headquartered in Atlanta, Georgia.

How many employees does Flag Financial have?

Flag Financial has 346 employees.

What sector is Flag Financial in?

Flag Financial is a financial services company.

When was Flag Financial founded?

Flag Financial was founded in 1993.

Financial Services M&A Summary in 2006

Out of 60 sectors in the Mergr database, financial services ranked 7 in number of deals in 2006. The largest financial services acquisition in 2006 was Golden West Financial - which was acquired by Wachovia for $25.5B.

Join Mergr to view all 138 acquisitions of financial services companies in 2006, including 53 acquisitions by private equity firms, and 85 by strategics.

Flag Financial Corp.

3475 Piedmont Road NE, Suite 550,
Atlanta, Georgia 30305
United States,
9404) 760-7700
www.flagbank.com

Flag Financial Corp. is a bank holding company whose wholly owned subsidiary is Flag Bank. The Flag Financial franchise consists of 26 offices, including 17 full-service banking offices and five mortgage/loan production offices, in 14 Georgia counties. In addition to traditional banking services, Flag Bank provides payroll services nationally to businesses through its Payroll Solutions division, and through its Smartstreet division, offers custom banking and cash management services for community associations and management companies throughout the United States.


Company Summary

SECTOR

Financial Services

Employees

346

Established

1993

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