It's a Big Year for SGBC
It’s a big year for South Georgia Banking Company. April marks the 40-year anniversary in Tift County and the 10-year anniversary in Colquitt County.
“We are excited to announce our anniversaries in Tift and Colquitt counties,” said Glenn Willis, President of SGBC. “Many things have changed over the years, but one thing has remained the same—our long-term customer relationships and the strength of our banking institution.”
SGBC first established roots in Omega in 1970 with the conversion of Citizens Service Bank to a state bank charter under the name of South Georgia Banking Company. In 1976, they opened their first branch in Tifton on 4th Street. Due to deposit growth and an increased customer base, SGBC opened a second branch in Tifton in 1987 on 2nd Street, which now serves as the bank’s main office. In 2004, a third location was opened on Tift Avenue, the heart of Tifton’s fastest growing area.
A significant date in the bank’s history was in 2000. Following changes in regulations to allow branching across county lines, SGBC opened an office in Moultrie; this location now employs 13 people.
“In January 2000, I had the privilege of returning to my home town to begin the process of opening the South Georgia Banking Company office in Moultrie,” said Bob Montgomery, City President of SGBC in Moultrie. “We opened our doors at a temporary facility in April of 2000 and moved into our new building in December of the same year. I can’t believe we are now 10 years old and have enjoyed the success we have in Moultrie. It is all attributed to the support of the bank staff and the relationships we have with the community here in Moultrie. I am truly excited to see what the next 10 years hold for SGBC!”
The Moultrie office held a weeklong anniversary celebration for its customers April 5-9 with a complimentary food item provided each day.
The bank’s expansion continued in 2006 with the acquisition of Community National Bank in Ashburn and Cordele. Now operating in four counties with eight locations, SGBC is a strong, stable banking institution with assets in access of $300,000,000. Willis notes that things like their Bauer 5-Star rating, prudent decision-making and long-term customer relationships are what have made SGBC strong and will keep it strong for years to come.