FIRST BANK OF THE SOUTH

  • Bank Name:First Bank of the South
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #24307 - Inactive
  • FED RSSD ID:#437138 - Inactive
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

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

1988-06-01 -Institution withdraws from membership in the Federal Reserve System.

1988-06-01 -Changed Chartering Agency to State.

1988-06-01 -Changed Primary Federal Regulatory Agency to Fdic.

1988-06-01 -Changed Institution Name to First Rainsville Bank.

1995-02-14 -Changed Institution Name to First Bank of the South.

2006-03-31 -Main Office moved to 246 Main Street, Rainsville, AL 35986.

2016-07-01 -Merged and became part of First State Bank of DeKalb County (23815) in Fort Payne, AL.

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