US Bank Directory
Banks in Red Bay, AL
4 FDIC-insured banks operate 5 offices in Red Bay, Alabama.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Red Bay
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 4 banks and credit unions operate 5 locations in Red Bay, according to the FDIC. 5 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.
Branches: FDIC, NCUA. Streets: loading.
5 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks in Red Bay
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Community Spirit Bank has the most locations in Red Bay, with 2. The other 3 each have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Community Spirit Bank Bank · 2
Community Spirit Bank has 2 branches in Red Bay, 4 across Alabama and 6 nationwide. FDIC records list its main office in Red Bay, AL and show it operating since 1908. With $228.8 million in total assets on June 30, 2026, it ranks No. 2,833 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Red Bay location is its main office at 200 4th Ave Sw, dating to 1908; the newest, at 1007 4th St Nw, to 2008. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office200 4th Ave Sw, 35582
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Red Bay Branch1007 4th St Nw, 35582
Bank Independent Bank · 1
Bank Independent has 1 branch in Red Bay, 34 across Alabama and 34 nationwide. FDIC records list its main office in Sheffield, AL and show it operating since 1947. With $2.86 billion in total assets on June 30, 2026, it ranks No. 449 of 4,232 U.S. banks by total assets. The Red Bay Branch at 117 4th Ave Se dates to 1990 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Red Bay Branch117 4th Ave Se, 35582
CB&S Bank Bank · 1
CB&S Bank has 1 branch in Red Bay, 28 across Alabama and 58 nationwide. FDIC records list its main office in Russellville, AL and show it operating since 1906. With $3.07 billion in total assets on June 30, 2026, it ranks No. 417 of 4,232 U.S. banks by total assets. The Red Bay Branch at 407 4th St Sw dates to 1980 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Red Bay Branch407 4th St Sw, 35582
Valley State Bank Bank · 1
Valley State Bank has 1 branch in Red Bay, 3 across Alabama and 3 nationwide. FDIC records list its main office in Russellville, AL and show it operating since 1985. With $169.5 million in total assets on June 30, 2026, it ranks No. 3,192 of 4,232 U.S. banks by total assets. The 4Th Avenue Branch at 527 4th Ave Se dates to 2007 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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4Th Avenue Branch527 4th Ave Se, 35582
Banking in Red Bay: the local picture
Short answer: 4 banks run 5 branches in Red Bay according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 4 banks, 1 has its main office in Red Bay, 3 elsewhere in Alabama, according to the FDIC.
The bank with the longest record here is CB&S Bank, operating since 1906 according to the FDIC. In FDIC branch records, the longest-running branch is Community Spirit Bank's office at 200 4th Ave Sw, dating to 1908; the newest is Community Spirit Bank's at 1007 4th St Nw, from 2008.
None of the 5 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.
Chase, Bank of America and other national banks
Which big national banks have branches in Red Bay, and where the nearest one is if they do not.
Short answer: No branches in Red Bay: Chase (nearest in Florence, 40 mi), Wells Fargo (nearest in Hamilton, 23 mi), Bank of America, PNC Bank (nearest in Muscle Shoals, 34 mi), U.S. Bank, Truist (nearest in Florence, 40 mi), Fifth Third Bank (nearest in Madison, 83 mi), Huntington (nearest in Hartselle, 69 mi), Regions Bank (nearest in Muscle Shoals, 34 mi), TD Bank, BMO.
| Bank | In Red Bay | Nearest branch if none here |
|---|---|---|
| Chase | None | Florence, 40 miles away |
| Wells Fargo | None | Hamilton, 23 miles away |
| Bank of America | None | none in Alabama |
| PNC Bank | None | Muscle Shoals, 34 miles away |
| U.S. Bank | None | none in Alabama |
| Truist | None | Florence, 40 miles away |
| Fifth Third Bank | None | Madison, 83 miles away |
| Huntington | None | Hartselle, 69 miles away |
| Regions Bank | None | Muscle Shoals, 34 miles away |
| TD Bank | None | none in Alabama |
| BMO | None | none in Alabama |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Red Bay to the nearest branch in Alabama.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Red Bay residents like anyone else.
Banks near Red Bay
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Hamilton (23 miles) and Russellville (24 miles). Florence, 38 miles away, has the most banks nearby: 15.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Hamilton, AL | 23 mi | 4 | 4 |
| Banks in Russellville, AL | 24 mi | 5 | 10 |
| Banks in Cherokee, AL | 24 mi | 2 | 2 |
| Banks in Tuscumbia, AL | 32 mi | 2 | 3 |
| Banks in Haleyville, AL | 33 mi | 3 | 4 |
| Banks in Muscle Shoals, AL | 35 mi | 6 | 8 |
| Banks in Sulligent, AL | 38 mi | 2 | 2 |
| Banks in Florence, AL | 38 mi | 15 | 28 |
Bank branch openings and closings in Red Bay
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Red Bay between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Red Bay
Short answer: 1 institution has its main office in Red Bay: Community Spirit Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Community Spirit Bank | Bank | $228.8 million | 2 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Red Bay by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Red Bay offices.
Short answer: CB&S Bank is the largest bank with offices in Red Bay, with $3.07 billion in total assets on June 30, 2026, No. 417 among U.S. banks by total assets. Bank Independent is second with $2.86 billion. 1 of the 4 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| CB&S Bank | $3.07 billion | No. 417 | 1 | Russellville, AL |
| Bank Independent | $2.86 billion | No. 449 | 1 | Sheffield, AL |
| Community Spirit Bank | $228.8 million | No. 2,833 | 2 | Red Bay, AL |
| Valley State Bank | $169.5 million | No. 3,192 | 1 | Russellville, AL |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Red Bay: FAQ
How many banks are in Red Bay, AL?
Red Bay has 4 banks with 5 branches, according to FDIC data as of September 5, 2026.
Which bank has the most branches in Red Bay?
Community Spirit Bank, with 2. CB&S Bank has 1 and Bank Independent has 1.
Is there a Community Spirit Bank in Red Bay, AL?
Yes. FDIC data lists 2 Community Spirit Bank branches in Red Bay as of September 5, 2026, the main office at 200 4th Ave Sw. Its branches are listed under Community Spirit Bank above, with the address and directions for each.
Is there a CB&S Bank in Red Bay, AL?
Yes. FDIC data lists 1 CB&S Bank branch in Red Bay as of September 5, 2026. The address and directions are under CB&S Bank above.
Is there a Bank Independent in Red Bay, AL?
Yes. FDIC data lists 1 Bank Independent branch in Red Bay as of September 5, 2026. The address and directions are under Bank Independent above.
Is there a Chase in Red Bay, AL?
No. FDIC data lists no Chase branch in Red Bay as of September 5, 2026. The nearest is in Florence, about 40 miles away in a straight line.
Which banks are headquartered in Red Bay?
Community Spirit Bank has its main office in Red Bay, according to the FDIC.
What is the oldest bank in Red Bay?
CB&S Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1906.
Did any bank branches open or close in Red Bay in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Red Bay?
Nearby cities with more banks include Hamilton, Russellville, Cherokee. Hamilton is 23 miles away with 4 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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