SouthTrust Bank: Our strength is our people and their dedication to providing the best possible customer experience. Give us a try!
Welcome to SouthTrust Bank
The recent failure of Silicon Valley Bank (SVB) in California and Signature Bank (SBNY) in New York has some people understandably concerned. The federal government has ensured that all depositors of both SVB and SBNY have full access to their deposits and is committed to the resiliency and stability of the U.S. banking system. Additionally, the Federal Reserve has created additional sources of funding for financial institutions to bolster liquidity for all banks.
In contrast, SouthTrust Bank has proudly served the needs of our South Texas communities for almost 90 years. Our bank is well-capitalized, with a liquid, high-quality asset base and stable deposits. We have no exposure to cryptocurrencies nor fledgling tech companies. While our conservative philosophy and local focus do not generate the kind of spectacular growth that those other banks once enjoyed, it has allowed us to weather multiple business cycles and continue to provide the kind of personal service that we all value.
Thank you for your continued confidence.
Steve Jackson
President & CEO
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