Southern Bank is honored to serve the Hampton Roads region and surrounding communities. The bank’s 65 branch network includes 9 offices in Norfolk, Suffolk, Chesapeake and Virginia Beach.
From its inception in 1901with $10,000 in total assets, Southern Bank is a commercial bank and wholly owned subsidiary of Southern BancShares (N.C.), Inc. With its corporate headquarters located in Mount Olive, NC, the bank has assets of approximately $2 billion and provides a broad range of financial services to individuals, businesses, professionals and the medical community through a network of 65 branch offices, telephone banking, cash management services, online banking and ATMs in eastern North Carolina and Virginia.
The company and its banking subsidiary did not take funding from the federal government’s Troubled Asset Relief Program (TARP). In fact, Southern Bank recently earned yet another “5-Star Superior Rating” for safety and soundness from Bauer Financial- the leading independent bank rating authority in the country.
Balancing time-tested safe and sound banking principles with new product development and innovation are key tenets to Southern Bank’s competitiveness and longevity. Southern maintains its focus on investing in and building long term relationships with our customers. This is the real meaning behind our company’s motto- “Our Interest in You.” Visit www.southernbank.com.