Tuesday, 26 January 2021

CB&S Bank Review

CB&S Bank Review
10 Oct

Headquartered in Russellville, Ala., CB&S Bank’s roots date back to 1906. Since then, it has grown from an institution with just $25,000 in capital to a sprawling bank network with $1.9 billion in assets. With a robust brick-and-mortar presence of more than 50 branches across Alabama, Mississippi and Tennessee, CB&S Bank offers an array of accounts for individuals and businesses.

While its services and products are only available in the states with bank branches, CB&S Bank is certainly worth considering for those located in the Southeast. Its product lineup includes everything from interest-bearing checking accounts to business money market accounts. Although CB&S Bank also offers a number of other financial products and services, this review focuses on its checking, savings and CD accounts.

CB&S Bank checking account options

CB&S Bank savings account options

CB&S Bank business checking accounts

CB&S Bank business savings accounts

Is CB&S Bank right for you?

CB&S offers a variety of deposit accounts for individuals and businesses in three states. While its menu of accounts can certainly be a good thing — choice is generally good for the consumer — the sheer number of products offered can be dizzying, especially as many of the features each account offers overlap.

If you’re looking for a simplified checking or savings account with higher interest rates, you may be better off looking elsewhere. However, if you value a bank network with a strong brick-and-mortar presence — especially in an era where physical branches are vanishing more and more — CB&S Bank likely has the account you’re looking for.

Any rates and fees mentioned in the article are accurate as of the date of publishing.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Source: https://www.magnifymoney.com/blog/reviews/cbs-bank-review/

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