Banks in Cherokee County, Alabama
8 active bank branches operated by 6 institutions, per FDIC records.
Active branches
8
Banks present
6
Deposits (2026)
$433M
Closings since 2020
0
1 openings
Largest banks by deposits in Cherokee County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| First Southern State Bank | $145M | 33.6% | 2 |
| Regions Bank | $112M | 25.9% | 1 |
| Peoples Bank of Alabama | $77M | 17.9% | 1 |
| Union State Bank | $51M | 11.9% | 2 |
| The Southern Bank Company | $33M | 7.6% | 1 |
| Farmers and Merchants Bank | $14M | 3.1% | 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.