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Commercial Bank & Trust Co.

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Commercial Bank & Trust Co.

Overview:

Catering to personal and small business financial needs since 1877, Commercial Bank and Trust Company is a unique full-service bank, distinguished by its impeccable customer service and refined atmosphere. With eleven branches located throughout Memphis, Paris, Union City, and Jackson, Tennessee, Commercial Bank stands ready to put more than a century's worth of tradition to work for you. In addition to a variety of checking, savings, and retirement programs, the bank also offers competitive rates on interest-bearing accounts, money market accounts, mortgages, home equity loans, and commercial and business loans.

History:

Milestones

The charter for Commercial Bank was signed April 21, 1877, and the bank opened for business on May 15, 1877, under the name of Commercial Bank of Paris.
On May 8, 1922, Commercial Bank purchased the Bank of Henry in Paris for $100,000.00, and the charter was amended to give the Bank trust powers. At this time, the name was changed to Commercial Bank & Trust Company.
On October 20, 1933, directors authorized officers to make an application to join the Federal Deposit Insurance Corporation (FDIC), and the bank has maintained membership since that time.
In November 1983, R. Molitor Ford and William W. Deupree purchased Commercial Bank & Trust Company from more than 300 shareholders.
In May 2002, Commercial Bank celebrated its 125th Anniversary.

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