Banks in Cherokee County, Alabama
8 active bank branches operated by 6 institutions, per FDIC records.
Active branches
8
Banks present
6
Deposits (2025)
$432M
Closings since 2020
0
1 openings
Largest banks by deposits in Cherokee County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| First Southern State Bank | $140M | 32.3% | 2 |
| Regions Bank | $109M | 25.2% | 1 |
| Peoples Bank of Alabama | $80M | 18.5% | 1 |
| Union State Bank | $60M | 13.8% | 2 |
| The Southern Bank Company | $32M | 7.3% | 1 |
| Farmers and Merchants Bank | $12M | 2.8% | 1 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors.
Cities and towns
Transcribed from FDIC BankFind Suite active-location records and the annual Summary of Deposits. County assignment follows the FDIC branch record.