Sunshine Community Bank

Sunshine Community Bank was established on July 1, 2007, under the name Sunshine Savings Bank, and initially operated as a Stock Savings Bank. On July 1, 2016, the institution underwent a series of changes, including a name change to Sunshine Community Bank and a reclassification to a Commercial Bank. During this period, it transitioned to being regulated by the Federal Deposit Insurance Corporation (FDIC) and became a state-chartered bank not affiliated with the Federal Reserve System. Subsequently, on July 21, 2011, the primary federal regulatory agency changed to the Office of the Comptroller of the Currency. The bank's trajectory continued with a merger on April 1, 2018, when it became part of The First, A National Banking Association, located in Hattiesburg, Mississippi. The final name change occurred on January 15, 2022, when it was renamed The First Bank.

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

2007-07-01Institution established. Original name: Sunshine Savings Bank.

2009-01-06Changed Organization Type to Stock Savings Bank.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2016-07-01Changed Chartering Agency to State.

2016-07-01Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2016-07-01Changed Primary Federal Regulatory Agency to FDIC.

2016-07-01Changed Institution Name to Sunshine Community Bank.

2016-07-01Changed Organization Type to Commercial Bank.

2018-04-01Merged and became part of The First, A National Banking Association (34217) in Hattiesburg, MS.

2022-01-15Changed Institution Name to The First Bank.