Community Bank Breaks Ground in Mobile for Alabama Headquarters
Friday, Jan 25, 2013
Groundbreaking participants included representatives from Community Bank, White-Spunner Construction and Eley Guild Hardy Architects PA
Community Bank is proud to announce the ground breaking for the construction of their new office in Mobile, Alabama. The ceremony will be held Thursday, January 24th, beginning at 9:00 am. The event will be held on-site located at 111 West I-65 Service Road.
This new area headquarters will serve as the administrative hub for the bank’s activities in the metro area and will house a dedicated group of commercial lenders led by Roy Hudson, the Mobile Market President. The bank will initially employ twelve full-time financial professionals and allow for the bank to hire additional staff to assist local residents with any financial needs.
"This multi-million dollar construction project symbolizes Community Bank's commitment to Mobile and south Alabama,” states Oliver A. Latil, Alabama Chief Executive Officer for Community Bank. “Even in these difficult economic times our bank has seen unprecedented growth. Community Bank is very optimistic about the future and has plans to expand operations in Mobile and Baldwin County."
The new Mobile office will be a 12,859 square foot, two story bank and will feature a brick and stucco exterior. The interior will feature state of the art offices, a video conference room and a large multi-purpose room for client seminars. The building will have full generator backup. Projected completion date is scheduled for November of this year. White-Spunner Construction, Inc., based in Mobile, AL, serves as General Contractor for the project and the architect firm is Eley Guild Hardy Architects PA, based in Biloxi, MS.
Community Bank opened its first office in the Mobile area in late 2007 and has since then grown to three offices and $112 million in assets. Current Mobile locations include an office located on Airport Boulevard and an office located in the Dauphin 65 Medical and Financial Center. Community Bank recently celebrated the grand opening of its new office in Daphne on US Hwy 98. In April the bank will open its fourth area location in Fairhope.
Community Bank has 39 offices operating in Mississippi, Alabama, Florida, and Tennessee and is subsidiary of Community Bancshares, Inc., a $2.3 billion, employee owned bank holding company. Community Bank has more than 650 staff owners across the Southeast, and has been recognized as one of the South's top small business lenders by the U.S. Small Business Administration.