Southern Bank and Trust Company
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Southern Bank and Trust Company - overview
Established
1901
Location
-, NC, US
Primary Industry
Financial Services
About
Based in North Carolina, US, and founded in 1901, Southern BancShares, Inc. , doing business as Southern Bank and Trust Company, operates as a consumer finance bank that offers various personal and business banking services. In 2015, Southern BancShares, Inc. , raised funding from 1st & Main Growth Partners.
The company offers various financial services that include personal banking solutions like personal loans, savings to individual retirement accounts, and many more. The company also provides business savings accounts, including simplified employee pension (SIMPLE), business money market accounts, merchant account services, night deposit wire transfers, online banking, remote deposit capture, and many more.
Current Investors
1st & Main Growth Partners
Primary Industry
Financial Services
Sub Industries
Mortgage Banking, e-Financial, Consumer Finance, Commercial Banks
Verticals
FinTech, FinTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Southern Bank and Trust Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Southern Bank and Trust Company | - |
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