River Financial Corporation of Prattville, AL and PSB Bancshares, Inc. of Clanton, AL announced last week the signing of a definitive agreement under which River Bank & Trust and Peoples Southern Bank will enter into a strategic merger to combine two well-respected banking franchises in Alabama. Upon closing of the transaction, the combined bank will exceed one billion in total assets, $660 million in total loans and $890 million in total deposits with fourteen locations across Alabama. Porter White Capital, LLC served as exclusive financial advisor to PSB Bancshares, Inc. and Peoples Southern Bank.

As a result of the merger, People Southern Bank will operate as River Bank & Trust. The parent company of Peoples Southern Bank, PSB Bancshares, Inc., will also merge with the parent company of River Bank & Trust, River Financial Corporation. Upon closing, Charles Moore, who is currently a director of PSB Bancshares, Inc. and Peoples Southern Bank, will join the board of directors of both River Bank & Trust and River Financial Corporation.

As part of the merger, cash and shares of common stock of River Financial Corporation will be issued to the shareholders of PSB in an offering exempt from registration under the Securities Act of 1933. The merger is expected to close no later than the fourth quarter of 2018.

For more information on how Porter White Capital, LLC can assist your bank with its merger and acquisition needs, please email Michael Stone or call him at (205) 252-3681.

On behalf of all of us at Bank of Marin – Welcome!

We are pleased to share the news that Bank of Marin and American River Bank have received all necessary approvals and our merger is complete.

Bank of Marin and American River Bank: Stronger Together
Earlier this year American River Bank and Bank of Marin announced our intention to combine our two exceptional institutions to become a preeminent community banking institution in Northern California. Our complementary values and disciplined fundamentals make this a natural fit for Bank of Marin to expand into Greater Sacramento and Amador County, and deliver enhanced banking resources to legacy American River Bank clients. Since the merger was announced in April, our teams have worked together collaboratively to ensure a smooth transition and integration.

What Becoming a Bank of Marin Client Means to You
Your local team of bankers will be able to offer an expanded array of outstanding products – including specialty lending and wealth management and trust services. Our combined footprint will allow you to bank at more locations across Northern California.

What Happens Next
We are now working to consolidate all accounts into the same system, scheduled to occur in the first half of 2022. After the integration is complete, you will be able to access your accounts at all the current American River Bank locations and Bank of Marin locations. Until then, please continue to use American River Bank branches and digital banking platform for your day-to-day banking needs.

We’re Here for You
As we near the systems conversion date, you will receive information to guide you through the process. If you have questions about the conversion prior to receiving the information packet, please call or visit your local American River Bank branch.

Again, welcome to Bank of Marin. We are proud to be a part of your community and we look forward to growing our relationship with you.

Sincerely,

Russell A. Colombo, Chief Executive Officer

Tim Myers, President & Chief Operating Officer

Learn more about Bank of Marin

Merger Announcement Press Release

Frequently Asked Questions

Home > Alabama Banks > Mobile Banks > River Bank & Trust Mobile > River Bank & Trust, Mobile Office Branch

Basic InfoFinancial InfoRouting NumbersReviewsMapMore Info

Name: River Bank & Trust, Mobile Office Branch Full Service Brick and Mortar Office Review: 1 client review Location: 4630 Bit And Spur Road Mobile, AL36608 Mobile County View Other Branches   Branch Deposit: $12,287,000 FDIC Cert: #58255 Established: 2020-10-05

Write a Review

Client Review

1 client review of River Bank & Trust scored 5 out of 5.

River Bank And Trust
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by Mill, Nov. 16, 2015

I got easy and fast loans, for both personally and business,
thanks for friends for guiding to choose best bank....

* this reviewer has be with this bank for 6 months - 1 year
* this reviewer had 1 - 2 banks before.
* this review was made on River Bank & Trust, East Montgomery Branch at Montgomery, AL
Was this review helpful to you? Yes, No  Report Abuse

0 comment. Add a comment

Banks Nearby

More

Figuring a home loan that you can afford.

We understand that purchasing your home is one of the most important financial decisions you will make.

MORTGAGE CALCULATOR

Why Nicolet National Bank?

The purpose of Nicolet Bank is to serve customers. Real People, having Real Conversations and creating shared success.

Resources from The Vault

Insights for your financial well-being

You are now leaving NicoletBank.com

By following this link you will be leaving nicoletbank.com. Click the correct link below to proceed.

Opening Hours and Directions

Routing Number for River Bank & Trust in Alabama

River Financial Corporation of Prattville, AL and PSB Bancshares, Inc. of Clanton, AL announced last week the signing river bank and trust locations a definitive agreement under which River Bank & Trust and Peoples Southern Bank will enter into a strategic merger to combine two well-respected banking franchises in Alabama. Upon closing of the transaction, the combined bank will exceed one billion in total assets, $660 million in total loans and $890 million in total deposits with fourteen locations across Alabama. Porter White Capital, LLC served as exclusive financial advisor to PSB Bancshares, Inc. and Peoples Southern Bank.

As a flagstar bank online sign up of the merger, People Southern Bank will operate as River Bank & Trust. The parent company of Peoples Southern Bank, PSB Bancshares, Inc., will also merge with the parent river bank and trust locations of River Bank & Trust, River Financial Corporation. Upon closing, Charles Moore, who is currently a director of PSB Bancshares, Inc. and Peoples Southern Bank, will join the board of directors of both River Bank & Trust and River Financial Corporation.

As part of the merger, cash and shares of common stock of River Financial Corporation will be issued to the shareholders of PSB in an offering exempt from registration under the Securities Act of 1933. The merger is expected to close no later than the fourth quarter of 2018.

For more information on how Porter White Capital, LLC can assist your bank with its merger and acquisition needs, please email Michael Stone or call him at (205) 252-3681.

At Two Rivers Bank & Trust, we’re ode to the west wind imagery on our neighbors. As your local neighborhood bank, we are passionately committed to your success! Providing enhanced customer service and sound financial solutions are key to helping us build life-long client relationships with you and your business.

Whether you’re looking to gain some financial traction for your business, or if you’re seeking assistance with personal accounts and loans, the team of professionals at Two Rivers Bank & Trust is ready to help you reach your financial goals and dreams. At Two Rivers River bank and trust locations & Trust, we truly believe that when our clients succeed, we succeed!

Located in Iowa, the name Two Rivers was selected, representing the land between the Mississippi and Missouri Rivers, wells fargo customer service jobs our state of origin.

Find one of our 11 neighborhood banking centers near you, with locations in Ankeny, Burlington, Coralville, Des Moines, Iowa City, Mediapolis, Mt. Pleasant, New London, West Burlington and West Des Moines, along with a loan production office in Bettendorf.

My neighborhood. My bank.
Two Rivers Bank & Trust
Member FDIC. Equal Housing Lender

American National’s tradition of community banking dates back over a century to our founding in 1909. Our New River Valley branch is located a block away from New River Valley Mall between Enterprise Rent-A-Car and Southern Classic Soft Cloth Auto Wash in Christiansburg, VA. Look for our two-story brick building with a green metal roof.

At the NRV Branch, river bank and trust locations have three drive-through lanes and a brand new drive-up ATM for your convenience. Our front entrance is wheelchair accessible. 

American National Bank & Trust Company is Your Hometown Bank

The NRV branch hosts annual Chamber of Commerce events because we believe being local is more than just having an office in the community. It's about looking out for our customers with better banking options and quick, local decisions. Whatever you strive for, we are here to help you achieve your life goals. We know that it’s not just about building your savings; it’s about building the life you want.

Established in 1909 in Danville, Virginia, we have a long legacy of helping people and communities thrive. With multiple banking locations in Virginia and North Carolina, we are proud to be your community's hometown bank. Learn more about our commitment to the community and visit our New River Valley Branch in Christiansburg today!