Community First Bank

Community First Bank, established on March 12, 1990, originally operated under the name Community First Bank Walhalla. The institution underwent a significant name change on October 16, 1997, adopting the name Community First Bank, Inc. Over the years, the bank expanded its operations through acquisitions, including the purchase of the Bank of Westminster in Westminster, South Carolina, on November 29, 2011, and Security Federal Bank in Elizabethton, Tennessee, on March 19, 2021. In a strategic move to further consolidate its presence in the banking sector, Community First Bank merged with Dogwood State Bank, based in Raleigh, North Carolina, on August 1, 2024.

Below is a list of some important events in banks history, including mergers and acquisitions.

1990-03-12Institution established. Original name: Community First Bank Walhalla.

1997-10-16Changed Institution Name to Community First Bank, Inc..

2011-11-29Acquired Bank of Westminster in Westminster, SC.

2021-03-19Acquired Security Federal Bank in Elizabethton, TN.

2024-08-01Merged and became part of Dogwood State Bank in Raleigh, NC.