Spivey State Bank

Spivey State Bank was established on August 1, 1953, initially operating under its founding name. On April 27, 1970, the bank changed its name to Spivey State Bank and relocated its main office to 211 North Main Street in Swainsboro, Georgia. The institution underwent significant changes in the mid-2010s, merging with The Farmers Bank in Forsyth, Georgia, on February 6, 2015, and subsequently changing its name to Persons Banking Company on March 30, 2015. After several years of operation under the new name, Spivey State Bank, as Persons Banking Company, voluntarily closed and liquidated its assets on June 30, 2023.

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

1953-08-01Institution established. Original name: Spivey State Bank.

1970-04-27Changed Institution Name to Spivey State Bank.

1970-04-27Main Office moved to 211 North Main Street, Swainsboro, GA 30401.

2015-02-06Merged and became part of The Farmers Bank (17089) in Forsyth, GA.

2015-03-30Changed Institution Name to Persons Banking Company.

2023-06-30Closed voluntarily and liquidated its assets.