Southern Bank
- Bank Name:Southern Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #15359
- Routing Number:ACH & Wire - 053102586
- Locations:57 Branches in 2 states
- Web Address:southernbank.com
Southern Bank Information
Southern Bank was founded in January 1901 and is based in Mount Olive, North Carolina. The bank operates as a subsidiary of Southern Bancshares (N.C.), Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Southern Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Southern Bank is a FDIC-insured bank with certificate number of 15359. The assigned Fed RSSD ID of Southern Bank is 717924.
Southern Bank currently operates with 57 branches located in 2 states. The bank has most branches in North Carolina and Virginia. As of today, Southern Bank is the 135th largest bank in US by branch count. Southern Bank is the 12th largest bank in North Carolina with 47 branches; 44th in Virginia with 10 branches.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Southern Bank is 053102586. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 100 North Center Street, Mount Olive, NC 28365. You can visit the official website of the bank at https://www.southernbank.com for more information and online banking service if available. For a comprehensive list of Southern Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of Southern Bank
Southern Bank, originally established as the Bank of Mount Olive in 1901, has undergone significant changes and expansions throughout its history. In 1967, the institution changed its name to Southern Bank and Trust Company, reflecting its broader regional presence. The bank continued to expand through a series of acquisitions, including Merchants & Farmers Bank in Macclesfield, North Carolina, in 1973, and Tarheel Bank & Trust Company in Gatesville, North Carolina, in 1986. The bank further solidified its growth by acquiring Citizens Savings Bank, Inc. in Rocky Mount, North Carolina, in 1993, and Enfield Savings Bank, Inc. SSB in Enfield, North Carolina, in 1998. In 2011, Southern Bank acquired the Bank of the Commonwealth in Norfolk, Virginia, through a government-assisted merger. Subsequent acquisitions included The Heritage Bank in Lucama, North Carolina, in 2013, and Heritage Bank in Norfolk, Virginia, in 2016. The main office has also relocated twice, first in 1990 and then again in 1996, both to North Center Street in Mount Olive, North Carolina.
Below is a list of some important events in bank's history, including mergers and acquisitions.
02-01-2016Acquired Heritage Bank in Norfolk, VA.
07-01-2013Acquired The Heritage Bank in Lucama, Nc.
09-23-2011Acquired Bank of the Commonwealth in Norfolk, VA as part of a government assisted merger.
05-15-1998Acquired Enfield Savings Bank, Inc., Ssb in Enfield, NC.
04-04-1996Main Office moved to 100 North Center Street, Mount Olive, NC 28365.
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Every person that works in this branch are the friendliest people I've ever had the pleasure to do business with, thank you to everyone... Read more