Southern Bank is headquartered in POPLAR BLUFF and is the 9th largest bank in the state of Missouri. It is also the 297th largest bank in the nation. It was established in 1887 and as of June of 2024, it had grown to 714 employees at 70 locations. Southern Bank's savings rates are 7X the national average, and it has an A health rating.
Southern Bank took over my bank. At 130 only one person working at desk for deposits!! Customer service via phone is terrible . They act like they don’t even want to be working!
A female employee at my location took it upon herself to speek to me, a 65 year old woman as though she was reprimanding her child. She blamed me (the victim) for my card information being stolen. First off I’m old enough and computer knowledgeable enough to know how to keep my information as safe as can be expected. Come to find out Samsung has a major security issue and my phone was hacked. How totally irresponsible and downright hateful she had while blaming the customer. You should never assume you know how someone lives and protects their personal information. Her attitude is unacceptable but I didn’t get the feeling her supervisor would correct her attitude. Now I’ll be finding a new bank.
Southern bank took over my bank and it's been royally screwed up since... Highly don't recommend this bank they're horrible
Don’t bank here unless you like being treated like dirt any time you call customer service for assistance, and you have plenty of extra money to be drained for random charges. If you have a dispute on a charge it’ll take more than 30 days for a resolution, and you’ll have to waste your own time following up with them repeatedly to remind them to do their job and ask for updates on your case. Their reps are disrespectful and condescending, including the managers. I’ll let a more respectful bank profit from my funds instead.
Overall | |
---|---|
FDIC Certificate # | 28332 |
Year Established | 1887 |
Employees | 714 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.13% |
Return on Equity - YTD | 11.9% |
Annual Interest Income | $129MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $4.55B$4.31B |
Loans | Q2 2024vs Q2 2023 | $3.8B$3.57B |
Deposits | Q2 2024vs Q2 2023 | $3.96B$3.74B |
Equity Capital | Q2 2024vs Q2 2023 | $446.1MM$404.3MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $52.5MM$47.8MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $6.2MM$6.8MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $3.9MM$3.6MM |
Always verify rates and promotions with the bank or credit union. We are not Southern Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.55% | $0 | - | Platinum Savings | |
0.25% | $0 | $25k | Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $0 | - | Money Market Platinum |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
4.00%* | $0 | $25k | Southern Advantage | ||
OTHER TIERS: 1.00% → $25k+ | |||||
1.01%* | $0 | $10k | Southern Elite | ||
OTHER TIERS: 0.10% → $10k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
5.00% | $1k | - | 5 Month CD Special | |
4.80% | $1k | - | 11 Month CD Special | |
4.47% | $10k | - | 17 Month Variable CD Special |