Altrust Financial Services, Inc.

Altrust Financial Services, Inc. operates as the bank holding company for Peoples Bank of North Alabama that provides retail and commercial banking services to individuals and small to medium-sized owner-operated businesses in north Alabama. It offers various deposit instruments, such as demand deposit accounts, checking accounts, savings, money market deposit, term certificate accounts, and individual retirement accounts. The companys loan portfolio includes one- to four-family, owner-occupied, and residential mortgage loans secured by property; and construction lending that involves loans to borrowers for construction of one- to four-family residential properties and for commercial properties. It also offers commercial loans, which primarily consist of permanent loans secured by small office buildings, apartment buildings, churches, shopping centers, and convenience stores; and consumer loans, including savings account loans, personal secured and unsecured loans, automobile loans, watercraft loans, recreational vehicle loans, and home improvement loans. The company operates in the areas of Blount, Cullman, Marshall, Walker, and Morgan Counties, Alabama, as well as in the northern portion of Jefferson County, Alabama. As of August 18, 2014, it had 25 branch locations and 31 depository ATMs in 7 counties located throughout north-central Alabama. The company was founded in 1977 and is headquartered in Cullman, Alabama.