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March 6, 2025

Southern Bank Named Forbes' Best Bank in America: A Testament to Community-Centered Banking

TWIN COUNTY MEDIA

In an era where big banks often dominate headlines, Southern Bank has carved out a reputation built on trust, community investment, and personalized service—qualities that have earned it the prestigious title of Best Bank in America by Forbes for 2025.


With more than 60 branches across North Carolina and Virginia and $5 billion in assets, Southern Bank’s recognition highlights what many of its customers have long known: exceptional banking goes beyond the bottom line. The Forbes list assessed 200 publicly traded banks across the country, ranking them on growth, credit quality, profitability, and stock performance. Southern Bank's top spot is a testament to its consistent dedication to both financial strength and customer relationships.


“This recognition is more than just an award—it’s a reflection of our team’s unwavering commitment to relationship-based banking,” said Drew Covert, CEO of Southern Bank. “Our mission has always been to understand and meet the unique needs of our customers. This honor reinforces the importance of staying true to our values as we continue serving our communities with empathy and integrity.”

Southern Bank’s relationship-based model puts people first, offering tailored financial solutions that help small businesses grow, families thrive, and communities flourish. While many banks prioritize volume and transactions, Southern Bank has remained focused on creating meaningful connections with its customers—whether through small business loans, home mortgages, or everyday banking needs.


Founded in 1901, Southern Bank has always believed that strong communities create strong banks. This philosophy has driven the bank to invest in local businesses, community programs, and charitable initiatives across the regions it serves.


Earning the title of Best Bank in America from Forbes not only celebrates Southern Bank’s financial excellence but also underscores the power of community-centered banking in today’s financial landscape.


To learn more about Southern Bank’s award and services, visit Southern Bank's Website.

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