FIRST BANK OF THE SOUTH

  • Bank Name:First Bank of the South
  • Bank Class:Federal Reserve Non-Member Bank
  • Member FDIC:Certificate #24307 - Inactive
  • Web Address:firstbanksouth.com
Headquarters:246 Main Street, Rainsville, Alabama 35986
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HISTORY OF FIRST BANK OF THE SOUTH

First Bank of the South was established in February 1983 and headquartered in Rainsville, Alabama. The bank operated as a subsidiary of First Rainsville Bancshares, Inc. Employee Stock Ownership Plan. First Bank of the South was classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. First Bank of the South is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check First State Bank of DeKalb County page.

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

DATEEVENT

02/01/1983 -Institution established: Original name: First National Bank of Rainsville

06/01/1988 -Changed name to First Rainsville Bank

06/01/1988 -Changed primary regulatory agency from Comptroller of the Currency to Federal Deposit Insurance Corporation

02/14/1995 -Changed name to First Bank of the South

07/01/2016 -Merged into and subsequently operated as part of First State Bank of DeKalb County (23815) in Fort Payne, AL

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