PrimeSouth Bank has a rich heritage that dates back to the 1950's. The bank opened on September 2, 1958 as The Peoples Bank of Carrville in Carrville/East Tallassee, Alabama. The bank relocated the Main Office from Carrville to its current location at 301 Main Street in Tallassee in 1985. At this time, the bank also shortened its name to The Peoples Bank.
Still operating as The Peoples Bank, the bank opened a second branch location at 1217 Gilmer Avenue in Tallassee on August 17, 1995. This new location helped the bank to better serve the entire city of Tallassee and added convenience for bank customers.
In April 2004, the bank's name was changed to PrimeSouth Bank. Later that year on August 9, 2004, the bank opened a third branch location at 3936 U.S. Highway 231 in Wetumpka, Alabama. This new branch expanded PrimeSouth's footprint to service a larger customer base in Elmore County.