Correspondent Bank Division of ServisFirst Bank
ServisFirst Bancshares, Inc. ("ServisFirst") is a bank holding company based in Birmingham, Alabama with ServisFirst Bank as its subsidiary. ServisFirst Bank is a full service commercial bank, focused on providing business and personal financial services through competitive products and state-of-the-art technology. Through its Correspondent Bank Division, ServisFirst Bank provides traditional correspondent bank services to community-based financial institutions across the southern United States.
Founded in Birmingham (2005), ServisFirst expanded organically into Huntsville, Alabama (2006); Montgomery, Alabama (2007); Dothan, Alabama (2008); Pensacola, Florida (2011); Mobile, Alabama (2012); Nashville, Tennessee (2013); and Charleston, South Carolina (2015). Through the acquisition of Metro Bancshares, Inc., ServisFirst expanded into Atlanta, Georgia (2015). Additionally, the Correspondent Bank Division was established in March of 2011.
ServisFirst Bancshares (NASDAQ: SFBS) completed an initial public offering in May 2014. In April 2015, SFBS earned investment-grade ratings by the Kroll Bond Rating Agency ("KBRA"). KBRA assigned a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, a short-term rating of K2 and outlook as Stable. ServisFirst Bank was assigned a senior deposit rating of A-, a short-term rating of K2 and outlook as Stable.
ServisFirst Bank began offering correspondent bank services in March 2011 with the addition of a seasoned team of correspondent bank professionals. The combination of the bank's strong record of financial performance, Board and executive commitment to correspondent banking, and the addition of experienced correspondent bankers, ServisFirst Bank Correspondent has become a reputable and trusted partner for correspondent banking solutions to more than 250 community-based financial institutions across the southern United States.