"We've been headquartered in Durham for quite a while," says National Commerce spokeswoman Eileen Sarro.
"It made sense to maintain that presence."
The companies said the Carolinas Banking Group, which will include 254 branches and 1,900 employees, will be the fourth SunTrust banking group.The 1,900 employees are just in retail banking, and don't include things like operations and back office functions, according to Sarro
. National Commerce
currently has 3,189 employees in the Carolinas, she
says.Asked about potential cuts, Sarro
says, "We will be looking at some reductions, but they could be occurring anywhere across the footprint."
Memphis-based National Commerce
is the parent company of Durham-based CCB
also has maintained operational headquarters in Durham.
Asked if the Carolinas Banking Group would grow after the merger, Sarro
says, "It's a little bit too early to say."