Bank Index
Southern Bank (Arkansas, Illinois, and Missouri)
Bank · Spartanburg, United States · overall 4.9 / 10
Open in Bank Index
How this 4.9 is builtAverage of 6 scored needs: 4.9. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.
Southern Bank is recorded in the global register as a bank in Spartanburg, United States. The register shows its licence as licensed. Total assets 0.41 bn USD at 2026-06-30. It reports 4 offices. Established 1945. Collected from open registers.
On its own website: “The Southern Bank offers all the perks of a larger bank with a warm and friendly feel. Visit us to learn why our modern bank is right for you.”
- Legal name
- Southern Bank
- Licence confirmed
- yes, on a regulator's own list
- Established
- 1945
- Website
- thesouthern.bank
Scores, 0 to 10
6.0United StatesLicensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. ·
source 5.5Cross-border payments, FX and multi-currency accountsHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 5.0Lowest feesThe bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Avoid a $10 monthly maintenance fee by maintaining a $500 minimum daily balance” ·
source 5.0Best interest on business balancesHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 5.0Trade, manufacturing & import-exportHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 4.5Fast digital onboardingHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 4.5Financial strength & stability Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.