State Bank & Trust Company

State Bank & Trust Company was established on November 1, 1898, in Mississippi under the original name of The Valley Bank. Over its history, the institution underwent several significant changes, including multiple name changes and acquisitions. In 1979, it changed its trust powers to full, signifying a broader range of financial services. The bank's main office was relocated several times, including moves in 1986 to N. Sharpe Avenue & East Sunflower Road, in 1993 to 100 East Sunflower in Cleveland, and again in 2003 to 916 Highway 82 Bypass in Greenwood. The organization expanded through acquisitions, including the acquisitions of Bank of Webb in 1995, Mississippi Southern Bank in 2002, First Bank in Baton Rouge, Louisiana in 2005, Consumer National Bank in Jackson, Mississippi in 2006, and The American Bank in Geneva, Alabama in 2007. In July 2000, it adopted the name State Bank & Trust Company after acquiring another bank in Brookhaven, Mississippi. Ultimately, on April 1, 2020, State Bank & Trust Company merged with and became part of BankPlus, located in Belzoni, Mississippi, marking the conclusion of its independent operations.

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

1898-11-01Institution established. Original name: The Valley Bank.

1971-06-01Main Office moved to Main Street, Rosedale, MS 38769.

1979-08-29Changed Trust Powers to Full.

1986-03-21Main Office moved to N. Sharpe Avenue & East Sunflower Rd., Cleveland, MS 38732.

1993-07-26Main Office moved to 100 East Sunflower, Cleveland, MS 38732.

1995-12-05Acquired Bank of Webb in Webb, MS.

2000-07-31Changed Institution Name to State Bank & Trust Company.

2000-07-31Acquired State Bank & Trust Company in Brookhaven, MS.

2002-12-06Acquired Mississippi Southern Bank in Port Gibson, MS.

2003-11-14Main Office moved to 916 Highway 82 Bypass, Greenwood, MS 38930.

2005-04-01Acquired First Bank in Baton Rouge, LA.

2006-06-01Acquired Consumer National Bank in Jackson, MS.

2007-07-01Acquired The American Bank in Geneva, AL.

2015-05-29Main Office moved to 916 Highway 82 Bypass, Greenwood, MS 38935.

2020-04-01Merged and became part of BankPlus in Belzoni, MS.