Correspondent Bank Division of ServisFirst Bank
ServisFirst Bank, headquartered in Birmingham, Alabama, was founded May 2005. With $35 million raised in local capital, ServisFirst Bank set the record for the highest capital raise to date by a startup bank in the State of Alabama. Since then, ServisFirst Bank has organically expanded into other key strategic markets.
Along with an aggressive pattern of growth, ServisFirst Bank has maintained a strong record of profitability and efficiency. According to the financial research firm SNL Financial, ServisFirst Bank ranked No. 1 in 2010 among 137 commercial banks in Alabama with the highest net income for the year. Additionally, the bank announced consecutive periods of record earnings throughout 2011 and 2012. ServisFirst Bank was als recognized by American Banker as the 24th most efficient bank holding company for 2011, a top-25 ranking in consecutive years, and has consistently received a superior 5-star rating by Bauer Financial. Recently, SNL Financial ranked ServisFirst Bancshares, Inc. the 14th Best Performing Community Bank in the United States for 2012.
ServisFirst Bank began offering correspondent services with the addition of a seasoned team of correspondent bank professionals in March 2011. The combination of the bank's strong record of financial performance, Board and executive commitment to correspondent banking, and the addition of an experienced team of correspondent bankers resulted in quick success for the division. ServisFirst Bank offers a full array of correspondent banking services tailored for community banks throughout the southern United States.