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“M” is for McColl, Hugh Leon, Jr. (b. 1935)

“M” is for McColl, Hugh Leon, Jr. (b. 1935). Bank executive. A native of Bennettsville, McColl graduated from the University of North Carolina. Banking is a family tradition for McColl. His great-grandfather, grandfather, father, and brothers were all bankers. In 1959 he joined a Charlotte bank that eventually became NCNB. By 1982 he was the bank’s president. During the 1980s NCNB expanded from a North Carolina institution to a seven-state operation. In 1991 NCNB merged with C&S/Sovran creating NationsBank—the country’s third largest. In 1998 NationsBank and Bank of America merged, resulting in Bank of America with headquarters in Charlotte. When Hugh Leon McColl, Jr., retired as chairman of the board and CEO in 2001, the bank had more than $614 billion in assets, five thousand banking centers in twenty-two states, and employed 180,000 associates.

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Dr. Walter Edgar has two programs on South Carolina Public Radio: Walter Edgar's Journal, and South Carolina from A to Z. Dr. Edgar received his B.A. degree from Davidson College in 1965 and his Ph.D. from the University of South Carolina in 1969. After two years in the army (including a tour of duty in Vietnam), he returned to USC as a post-doctoral fellow of the National Archives, assigned to the Papers of Henry Laurens.