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If the idea sounds similar to the old Flagship Banks chain that sold out to Sun Banks Inc. The effort is being led by former Flagship President James H.
White and four of his Flagship lieutenants, who landed as presidents of independent banks. Three, founded by White, are: First National Bank of Osceola in Kissimmee; Community National Bank of Pasco County in Zephyrhills; and First National Bank of Polk County in Haines City.
Synovus was started in Columbus, Georgia, and since then it has maintained a level of trusted success because of a commitment to the cultivation of long-lasting relationships.
South Trust's first quarter profit was .8 million, up 34.9 percent from .8 million.
Little is known about the family's finances, although Fortune magazine, in September 1991, rated it fourth richest in the world with a net worth of .8 billion.