BEST OF THE BEST: CB&S BANK
For more than 100 years, CB&S Bank has been serving the community. Founded in 1906 in Russellville, CB&S, a privately held community bank, is this year’s Reader’s Choice award for best bank
We are extremely honored and humbled to be chosen as Franklin County Times Best of the Best Bank,” explained Greg Batchelor, Chairman of the Board. “Franklin County has been great to CB&S Bank for many years, and we are looking forward to many more years serving this amazing community. I am also thankful to our great management and staff who work diligently each day seeking to exceed the expectations of our customers on a daily basis.”
With three locations in Russellville and 54 elsewhere in Alabama, Mississippi and Tennessee, the bank continues to grow in assets and expand in services, with offerings including checking and savings accounts, as well as certificates of deposit, IRA accounts, loans and digital banking, first and secondary mortgages and more. They also have a new fleet of interactive ITMs with video-teller capabilities.
Primary operations are managed out of the downtown Russellville location. The bank also has an Operations Center and a Call Center in Russellville. The Call Center
receives all the inbound calls, and the Operations Center works directly with technology and the back-room operations of the bank. CB&S has 550 employees across their footprint.
“We started really growing in the nineties, and now we’re over $2.4 billion in assets,” explained Matt Cooper, Senior Executive Vice President and Chief Retail Officer. He’s been with the bank more than 30 years, getting his start at just 16 years old, growing in his responsibilities and position through the years.
“A predominant amount of our workforce is in Franklin County,” he added. This is a source of pride to the Russellville native, having grown up right here in our community. “Other Franklin County branches are located in Phil Campbell, Hodges and Red Bay,” Matt noted.
At CB&S Bank, they pride themselves in caring for the community and helping people work to realize their goals. Cooper said the bank’s core values include professionalism, inclusion, respectfulness, accountability and integrity.
“We focus on growth and building relationships with our customers,” Cooper continued. “We have a full line of banking
products available through our app and other online banking services, including remote deposit. We have a good team, and I’m proud to be part of the growth of the bank and the increasing possibilities we are able to offer the communities we serve. Cooper said the bank’s strong experience combined with its continually increasing assets allow the bank to help the communities they serve with their financial needs and goals, noting CB&S Bank can do “all of the things that a brokerage company could do.”
“We don’t view what we do as transactional,” Cooper added. “We view it as relationships with our community members and helping them meet their financial goals. We value having a personal approach here.”
CB&S President and CEO, Mike Ross, described receiving the reward as an honor. “CB&S Bank is fortunate to have our roots in Franklin County and to have served this community since 1906. Thank you to the citizens of Franklin County for choosing CB&S Bank as the best bank for the Best of the Best reader’s choice awards. Also, thank you to our wonderful employees that are dedicated to the mission of enriching the lives of our customers.”
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