Intro – Southern Bank Reviews & Ranking
Southern Bank was recently ranked and reviewed by AdvisoryHQ as a top rated banking firm. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s groundbreaking, four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our Southern Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The Southern Bank review below provides a detailed assessment, including some of the factors used by AdvisoryHQ News in its ranking and selection of Southern Bank.
Southern Bank Reviews
Southern Bank was founded in 1901 as the Bank of Mount Olive, named after the North Carolina town where it began.
More than 100 years later, this best bank in North Carolina is known as Southern Bank and Trust. Southern Bank now serves its customers from more than 60 locations in eastern North Carolina and Virginia.
True to its name, the bank continues to embody its founding values as a place where money is safe, and customers and employees alike are valued and respected.
Though it is certainly large enough to offer the most innovative and convenient banking technologies on the market, Southern Bank is among the best banks in North Carolina because it still remains small enough to retain the small-town feel and personal touch with which it has been serving its customers since 1901.
Key Factors Leading Us to Rank Southern Bank as One of This Year’s Top Banking Firms
Upon completing our detailed reviews, Southern Bank was included in AdvisoryHQ’s ranking of this year’s top banking firms based on the following factors.
Best Banks in North Carolina
Southern Bank Reviews | 5-Star Rating
Bauer Financial provides bank ratings, which can be a useful indicator of an institution’s reputation and know-how.
In 2017, Bauer gave Southern Bank a rating of 5 out of 5 stars for financial strength and security, emphasizing its position as one of the best banks in North Carolina.
While it is useful to look at a bank’s own website, it can give you extra peace of mind to see that your bank is also highly regarded by others.
Southern Bank Reviews | Southern BusinessPro
Are you a business owner? In need of banking services for your firm? Simply looking to simplify your business banking process? Southern Bank’s Southern BusinessPro could be the answer.
The online tool offers solutions to manage your business banking. You can simplify your business processes by taking advantage of the following attributes of Southern BusinessPro.
- Dashboard complete with important account information, customized for each user
- Enhanced reporting, including viewing and downloading activity from an unlimited number of accounts and account activity on one page
- Complete transfers to and from your Southern Bank accounts, create transfer templates for recurring transfers, and initiate vendor payments electronically instead of writing checks
With these convenient, centralized functionalities, Southern BusinessPro truly is your one-stop shop for business banking.
Southern Bank Reviews | Mortgage 101 & Resources
Purchasing a home is a big deal. While it’s an exciting time, it can also be complicated.
Fortunately, Southern Bank has a Mortgage 101 and Resource Center complete with a glossary, FAQs, a checklist for homebuyers, and information on purchasing and refinancing real estate.
Explore this corner of the web brought to you by Southern Bank to learn specifics, such as whether your overtime and/or commission pay will qualify as part of your income when applying for a mortgage and what exactly a bridge loan is.
Still have questions? Southern Bank invites you to contact one of its loan officers.
At the end of the day, many banks are for-profit institutions. That means they are primarily concerned with turning a profit.
For an institution to also take it upon itself to value the financial education of its customers is monumental. For these reasons, the Southern Bank and Trust Company is one of the best banks in North Carolina.
For customers that want the resources of a large bank with the personal touch of a small bank, Southern Bank and Trust is a great fit.
With more than 60 locations throughout North Carolina and Virginia, customers have a wide range of affordable options for checking, saving, and lending, making Southern Bank one of the top banking firms to consider partnering with this year.
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