With its recent acquisition of PrimeSouth Bank in the Montgomery, Wetumpka, Birmingham and Tallassee markets, CB&S Bank is now the largest privately held and the fourth largest Alabama-based financial institution.
NUMBER OF EMPLOYEES: Approximately 600 in 56 locations in Alabama, Mississippi and Tennessee.
HISTORY: CB&S Bank was incorporated as Citizens Bank on February 28, 1906 and opened its doors for business on March 3, 1906. The bank was started with $25,000 in capital and today is a $1.9 billion community bank headquartered in Russellville, Alabama.
WHAT ARE THE BANK’S PRIMARY SERVICES? CB&S Bank offers a complete line of full-service banking products and other related financial services to retail and commercial customers through its subsidiaries.
WHAT IS THE BANK’S BUSINESS PHILOSOPHY? CB&S Bank is committed to providing the best possible customer experience through dedicated employees and forward-thinking solutions.
WHAT SETS CB&S BANK AND ITS SERVICES APART? CB&S Bank is a community bank focused on making an impact in the communities we serve. We focus on building relationships with customers in order to better meet their financial needs.
HOW IS THE ACQUISITION OF PRIMESOUTH BANK BENEFITING CB&S BANK AND ITS CUSTOMERS? “The combination of PrimeSouth Bank and CB&S Bank allows CB&S Bank to further expand in the Birmingham market, one of the key growth markets in Alabama. We have wanted to expand in central Alabama for some time, so it was a perfect fit to partner with a high-quality community bank like PrimeSouth,’ stated Mike Ross, President and CEO of CB&S Bank and a native of the River Region. “I am thrilled to be able to do business where I was born and raised.”