First Union.

• Position: First Union and the Bank of Davie buy smaller banks and take their names - Brief Article

Buying a smaller bank and taking its name is becoming a fad. First, First Union buys Wachovia and becomes Wachavia. Then Bank of Davie in Mocksville agrees to buy Landis-based BOC Financial in a stock swap valued at about $9.7 million. The new bank, with assets of about $134.2, will go by the name...