Strength and Stability Statement

Dear Community Spirit Bank Customer Family,

I am certain you are being overwhelmed by an abundance of noise from television or social media channels on the failure of large & complex banks over the past week. I want to assure you that we, nor the community banking industry in general, are engaging in risky behaviors like those banks that failed. In fact, it’s been business as usual for your Main Street focused community bank.

Community Spirit Bank remains well-capitalized and well-positioned to continue to serve our customers and community. We were chartered almost 115 years ago on June 11, 1908, when fourteen individuals pooled $15,000.00 together to create a bank that could help their community succeed. We are thankful for the trust our community continues to place in us, and we don't take that trust for granted.

As a community bank customer, you have access to our experienced team, and we stand ready to always assist you with any of your questions or concerns. Our goal is to provide a WOW exceptional moment at each interaction with our staff, you deserve nothing less, and we strive to provide that. That's why the relationship-focused community banking model is so important and valuable; we work, worship, live, play and serve with you for the betterment of our communities.

What should reassure you is that no depositor has ever lost a dime of FDIC-insured deposits since the FDIC was created in 1933. Further, every depositor can be fully insured for up to $250,000.00 each. If you have questions about whether additional insurance coverage is needed or available; we are ready and prepared to assist you. The FDIC also has additional resources available at https://edie.fdic.gov/ for you to calculate your deposit standing.

Community Spirit Bank remains a strong and stable community bank. If I can assist you or answer any questions to counter the "noise of the day," please don't hesitate to reach out to me. You may email me at This email address is being protected from spambots. You need JavaScript enabled to view it. or call my cell at 256-627-7915 or any of our other team members whose numbers are listed here, https://www.communityspirit.bank/about-us/our-team.

Further, if you are frustrated with your current "transaction-focused, large or regional institutions," come grow with us, where you will be treated with the relationship-focused care that our customers have come to know and trust.

Yours in trust,

Brad M. Bolton
President & CEO
Community Spirit Bank