Bank holding company providing community banking services.
First US Bancshares, Inc. operates as a prominent bank holding company overseeing First US Bank, which specializes in offering a comprehensive suite of commercial banking services. The company caters to a diverse clientele including small to medium-sized businesses, property managers, professionals, and individual customers across its extensive network. It provides a range of deposit products such as non-interest-bearing demand deposits, savings accounts, money market accounts, and various types of time deposits, complemented by individual retirement accounts.
In terms of lending, First US Bancshares offers a wide array of financing options tailored to meet the needs of its commercial and individual customers. These include commercial construction loans, land development loans, residential mortgages, and loans secured by commercial properties like office complexes and retail centers. Additionally, the company extends personal loans secured by various personal property items including vehicles, furniture, and recreational vehicles.
Founded in 1952 and headquartered in Birmingham, Alabama, First US Bancshares, Inc. was formerly known as United Security Bancshares, Inc. before rebranding in October 2016. The company's presence spans 15 full-service banking offices strategically located across Alabama, Tennessee, and Virginia, alongside loan production offices in key markets. First US Bancshares continues to uphold its commitment to delivering personalized banking solutions and fostering economic growth within the communities it serves through reliable financial services and community engagement initiatives.