Southern States Completes Columbus Community Bank Buyout, Also Adding 13th Street Branch

Staff Report From Columbus CEO

Monday, October 26th, 2015

Southern States Bank is pleased to announce they have acquired Columbus Community Bank located at 5604 Whittlesey Boulevard in Columbus, Georgia. The acquisition of Columbus Community Bank will position Southern States Bank as the fourth largest bank in Muscogee County and Columbus and increase the bank’s total assets to over $500 million.

The acquisition of Columbus Community Bank gives Southern States Bank two full service branch locations in Columbus. The current location is slated to move from its temporary office on Veterans Parkway to 1326 13th Street in the near future. Brad Arnold, who will manage the Columbus market as President of Muscogee County, said, “The merger of the two banks simply made sense. While the name will change, everything else will remain the same. All of the products and services Columbus Community Bank’s customers currently enjoy will remain in place. We look forward to being a greater part of the Columbus community.”

Steve Whatley, Chairman and CEO of Southern States Bank said, “We are excited about the opportunity to expand our footprint and grow our presence in the Columbus market and surrounding communities. We believe in growth and success and that is why we are establishing roots and relationships with the people and businesses of Muscogee County. ”