PrimeSouth Bank

PrimeSouth Bank was established on September 2, 1958, under the name The Peoples Bank of Carrville. Over the years, the institution underwent several name changes and relocations. On November 15, 1976, it became known as The Peoples Bank, and on April 7, 2004, it changed its name to PrimeSouth Bank. In 1985, the main office was moved to 301 Main Street in Tallassee, Alabama. The bank continued to operate until July 31, 2019, when it merged with Cb&s Bank, Inc. in Russellville, Alabama, effectively ceasing to exist as a separate entity.

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

1958-09-02Institution established. Original name: The Peoples Bank of Carrville.

1976-11-15Changed Institution Name to The Peoples Bank of Carrville.

1985-08-08Main Office moved to 301 Main Street, Tallassee, AL 36078.

1986-06-16Changed Institution Name to The Peoples Bank, Tallassee, ALabama.

2004-04-07Changed Institution Name to PrimeSouth Bank.

2019-07-31Merged and became part of Cb&s Bank, Inc. (15310) in Russellville, AL.