Our History

Traditional Values and Community Roots.

Beginning with the earliest discussion about forming Southern Heritage Bank, our founders (all local business people) had a clear vision. They wanted a bank that was:

  • A True “Community Bank” – Owned by a large, diverse group of local people
  • Controlled by a Larger Number of People – Not by one family or a small group
  • Rooted in “Traditional” Values:
    • Integrity
    • Honesty
    • Value for the Customer
    • Fair Pricing
    • Friendly, Personal Service
  • A Provider of the Latest Bank Services Available
  • Able to Compete with the “Big Banks” without Acting “BIG”      


1998 Six local business people begin meeting regularly to discuss a new community bank, and assemble a board of directors with diverse backgrounds

700 shareholders provide $10 million in start-up capital by buying stock in minimum increments of 500 shares – No individual shareholder owns more than 5% of the total shares

1999 April – Doors open at modular banking facility with a staff of 15

2000 May – Waterville Springs office opens at 2530 Dalton Pike
2001 April – Georgetown Road office opens at 3795 Georgetown Road

2002 November – Assets reach $100 million
  December – New Main Office opens at 3020 Keith Street NW

2003 February – Deposits Reach $100 million
2004 July – Assets reach $150 mil
December – Platinum Program begins
2005 ATM installed in Polk County
2006 Assets reach $200 million
2007 January – Southern Heritage Financial Services opens to provide financial planning and investment services

Number of shareholders reaches 800+

December – Lot purchased on Stuart Road for future development

2009 Southern Heritage Celebrates “10 Great Years of Community Banking!”
2012 Voted Best Bank in Cleveland Daily Banner Readers’ Choice “Best of Bradley County”

2014 October – Southern Heritage Bank, formerly affiliated with Southern Heritage Bancshares, Inc., becomes a subsidiary of First Citizens BancShares, Inc.

2015 Southern Heritage Bank grows Bradley county share of deposits for 5th consecutive year, now exceeding $231 million