About BankSouth
BankSouth is a company based in Union Point (United States) founded in 1946. It operates as a B2C, and B2B. The company has 346 employees as of December 31, 2022. BankSouth offers products and services including Checking Accounts, Personal Loans, Business Loans, Online Banking, and Mortgages. BankSouth operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Union Point, United States
- Employees 346 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Banksouth
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
346
as on Dec 31, 2022
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Products & Services of BankSouth
BankSouth offers a comprehensive portfolio of products and services, including Checking Accounts, Personal Loans, Business Loans, Online Banking, and Mortgages. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Accounts for daily transactions and deposits for individuals
Loans for personal financial needs like home equity
Loans to support business growth and equipment purchase
Platform for secure account access and transactions
Home financing options for residential construction
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Funding Insights of BankSouth
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by BankSouth
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BankSouth
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banksouth Comparisons
Competitors of BankSouth
BankSouth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Wealth advisory and banking services are offered to clients.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial banking services are provided to businesses and individuals.
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Diversified financial services are offered through commercial banking operations.
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Regional bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Banksouth
Frequently Asked Questions about BankSouth
When was BankSouth founded?
BankSouth was founded in 1946.
Where is BankSouth located?
BankSouth is headquartered in Union Point, United States. It is registered at Union Point, Georgia, United States.
How many employees does BankSouth have?
As of Dec 31, 2022, the latest employee count at BankSouth is 346.
What does BankSouth do?
BankSouth is a federal savings bank that delivers a variety of financial services, including checking accounts, savings, loans, and online banking platforms. It operates by offering secure access through mobile and web interfaces, serving individuals and businesses with tools for money management, lending, and investments. Based in Georgia, it focuses on community support, helping customers in areas like Atlanta and Savannah build financial stability through reliable banking solutions.
Who are the top competitors of BankSouth?
What products or services does BankSouth offer?
BankSouth offers Checking Accounts, Personal Loans, Business Loans, Online Banking, and Mortgages.