ATLANTA - First Sterling Banks Inc. changed its name Tuesday to Main Street Banks Inc.
First Sterling and Main Street Bank combined in May in a $91.2 million merger of equals. "We chose the Main Street name because it embodies the best qualities of local community banking," said Edward C. Milligan, president and chief executive officer of the surviving company.
It continues to operate four subsidiary banks, but now all the branches labeled Main Street Bank, and customers of any of the banks can now use any of the branches, the company said.
With assets of $1 billion, the renamed company is Atlanta's largest community bank, Mr. Milligan said.