Main Headquarters:
51 West Main Street
Parsons, Tennessee, 38363
Phone Number:
(731) 847-6316
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CB&S Bank is a leading full-service community bank that opened its doors in Russellville, Alabama in 1906. Now CB&S Bank has $2.5 billion in assets, 55 branches across Alabama, Mississippi, and Tennessee, and more than 500 employees. They offer a complete line of banking products to retail and commercial customers as well as other financial services through their subsidiaries. In addition to a wide range of Checking and Savings accounts, they offer Mortgage Loans, Treasury Management and Financial Services. Member FDIC. Equal Housing Lender.
Monday : | 8:30 AM - | 4:00 PM | |
Tuesday : | 8:30 AM - | 4:00 PM | |
Wednesday : | 8:30 AM - | 4:00 PM | |
Thursday : | 8:30 AM - | 4:00 PM | |
Friday : | 8:30 AM - | 5:00 PM | |
Saturday : | closed | ||
Sunday : | closed |
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Parsons may have one or more banks. A bank is a financial institution that is charged with the function of accepting deposits and lending out money. Thus, it acts as an intermediary connecting individuals with a capital deficit with individuals having a capital surplus. They are centrally placed in the financial system for most economies. Thus, they function under a well-defined set of regulations. Most banks have national and regional headquarters, and then branches in smaller towns and villages. The banks may be international, national or local in spread of operations.