The Southern Bank Company
- Bank Name:The Southern Bank Company
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #29731
- Routing Number:ACH & Wire - 262285663
- Locations:4 Branches in Alabama
- Web Address:sobanco.com
The Southern Bank Company Information
The Southern Bank Company was founded in June 1936 and is based in Gadsden, Alabama. The bank operates as a subsidiary of The Southern Banc Company, Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, The Southern Bank Company is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The Southern Bank Company is a FDIC-insured bank with certificate number of 29731. The assigned Fed RSSD ID of The Southern Bank Company is 117775.
The Southern Bank Company currently operates with 4 branches located in Alabama. The Southern Bank Company is the 81st largest bank in Alabama. The bank does not have any offices outside Alabama.
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 The Southern Bank Company is 262285663. 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 221 S Sixth St, Gadsden, AL 35901. You can visit the official website of the bank at https://www.sobanco.com for more information and online banking service if available. For a comprehensive list of The Southern Bank Company 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
Bank Offices In Alabama
History Of The Southern Bank Company
The Southern Bank Company is a financial institution with a history dating back to its establishment on June 1, 1936, originally under the name First Federal Savings and Loan Association. Over the years, the institution underwent several changes in its organizational structure and identity. On November 1, 1993, it changed its name to First Federal Savings and Loan Association of Gadsden, and later, on October 5, 1995, it transitioned from a savings and loan association to a stock savings and loan. On August 15, 1999, the institution was rebranded as The Southern Bank Company. A significant transformation occurred on July 1, 2008, when the bank changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), reclassified itself as a commercial bank, adjusted its bank class to a state-chartered bank not part of the Federal Reserve System, and changed its chartering agency to the state level.
Below is a list of some important events in bank's history, including mergers and acquisitions.
07-01-2008Changed Primary Federal Regulatory Agency to FDIC.
07-01-2008Changed Organization Type to Commercial Bank.
07-01-2008Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
07-01-2008Changed Chartering Agency to State.
08-15-1999Changed Institution Name to The Southern Bank Company.
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