ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), broke ground for its new office in Summerville, South Carolina.
The new office space will hold 10 employees and feature a drive-thru and night deposit with ATM. The groundbreaking took place on May 16, 2024.
“Today’s groundbreaking marks an exciting milestone for ServisFirst Bank in Summerville,” said Tom Trouche, regional president and CEO of ServisFirst Bank South Carolina. “We’re thrilled to introduce this new office, deepening our roots within the community and continuing to provide unparalleled financial solutions.”
The new office will be located at 319 North Cedar Street, Summerville, South Carolina, 29483, and is estimated to open in early 2025.
The existing office, at 100 South Main Street, Suite I, Summerville, South Carolina, 29483, will maintain regular operations until the completion of the new building.
This is ServisFirst Bank’s second location in South Carolina, alongside an existing office in Charleston.
ServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market, emphasizing competitive products, state-of-the-art technology and a focus on quality service.
Recently, the bank said its assets exceed $16 billion.
ServisFirst Bank was formed in May 2005, and has offices in Atlanta, Birmingham, Charleston, Dothan, Huntsville, Mobile, Montgomery, North Carolina, Northwest Florida, Tennessee, Virginia Beach, and West Central Florida.
In April 2015, and annually thereafter, ServisFirst Bank has earned investment-grade ratings and a stable outlook from Kroll Bond Rating Agency (KBRA), which measures companies’ financial fundamentals.