Altrust Financial Services, Inc. was incorporated in 1985 as Cullman Bancshares, Inc., an Alabama corporation, which changed its name in 1996 to Altrust Financial Services, Inc. Altrust is a bank holding company registered with the Board of Governors of the Federal Reserve System under the Bank Holding Company Act of 1956, as amended, and a financial holding company registered under the Gramm-Leach-Bliley Act of 1999. Altrust primarily conducts its business through Peoples Bank of North Alabama (“Peoples Bank”), its wholly-owned bank subsidiary.
Peoples Bank is an Alabama bank that commenced operations in September 1977 as Peoples Bank of Holly Pond. Peoples Bank opened its first branch in the city of Cullman, Alabama in September 1983, and adopted the name Peoples Bank of Cullman County. In June 1994, Peoples Bank of Cullman County changed its name to Peoples Bank of North Alabama.
Peoples Bank is an Alabama bank that commenced operations in September 1977 as Peoples Bank of Holly Pond. Peoples Bank opened its first branch in the city of Cullman, Alabama in September 1983, and adopted the name Peoples Bank of Cullman County. In June 1994, Peoples Bank of Cullman County changed its name to Peoples Bank of North Alabama.
