Altamaha Bank and Trust Company

What Altamaha Bank and Trust Company does

Altamaha Bank and Trust Company is a privately-held, state-chartered community bank headquartered in Vidalia, Georgia, operating four branch locations across Vidalia, Uvalda, and Hazlehurst in Southeast Georgia. Founded in 1946 by the Brogdon family and led by the Sammons family since 1988, with Brent Sammons serving as President and CEO since 2013, the bank holds approximately $330 million in total assets and serves individuals, small businesses, agricultural operations, and non-profit organizations. Its product set spans consumer and commercial checking and savings accounts (including Kasasa-powered Rewards Checking at 5.00% APY and Rewards Savings at 2.25% APY), mortgages, home equity, construction, auto, personal, and bridge loans on the retail side, and commercial real estate, equipment, term, line-of-credit, and agricultural loans on the business side, plus credit cards issued through Elan Financial Services.

The technology platform is delivered through an iOS/Android mobile app and online banking built on third-party infrastructure, offering mobile deposit, Zelle peer-to-peer payments, Credit Insights credit monitoring (VantageScore 3.0), Autobooks invoicing, Remote Deposit Capture, and after-hours customer support. The bank's technology stack is overwhelmingly partner-mediated — Kasasa for rewards, Elan for card issuance, Early Warning Services for Zelle, SUM for ATM network access, AudioEye for accessibility, KnowBe4 for security training, and Main Street for check reordering — meaning Altamaha consumes rather than builds core technology. There are no proprietary AI/ML systems or disclosed data assets in the input.

Revenue is generated primarily through net interest income on the loan portfolio and deposits, supplemented by account maintenance fees (waivable with minimum balances), debit/credit card interchange, business service fees (cash management, merchant services, wire transfers, stop payments, Remote Deposit Capture), and loan origination fees. Distribution combines physical branch visits, loan-officer relationships, and local decision-making with full digital channels. Marketing emphasizes community presence (donations, referral program, blog content, social media) rather than national acquisition.

Name

Altamaha Bank and Trust Company

Legal name

Altamaha Bank and Trust Company

Website

https://altamaha.bank

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

51–100 employees

Short description

Altamaha Bank and Trust Company is a privately-held community bank founded in 1946, serving Southeast Georgia with four branches in Vidalia, Uvalda, and Hazlehurst through personal banking, business banking, agricultural lending, and digital channels powered by third-party partners.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

akta.pro secondary industry

Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking services
• Commercial lending products
• Agricultural loan financing
• Personal savings accounts
• Small business banking

Headquarters

HQ city

Vidalia

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue stream from spread between interest earned on loans (mortgages, commercial loans, agricultural loans, personal loans, credit cards) and interest paid on deposits (checking, savings, money market, CDs, IRAs). Interest-bearing accounts compounded daily with monthly crediting.
2. Non-Interest Income - Account Fees: Monthly maintenance fees on accounts when minimum balance requirements not met. Commercial Checking ($10), Commercial Interest Checking ($20), Simple Checking ($5), Interest Checking ($5), Statement Savings ($2). Fee avoidance through balance maintenance.
3. Card Transaction Fees: Interchange income from debit card and credit card transactions. Credit card issued through Elan Financial Services partnership.
4. Business Service Fees: Fees for business services including cash management, merchant card services, remote deposit capture, wire transfers, and stop payments.
5. Loan Origination Fees: Fees associated with loan products including mortgages, construction loans, commercial real estate, equipment loans, agricultural loans, and personal loans.
6. Other Banking Services: Safe deposit box rental, wire transfer fees, night drop services, check reordering through Main Street partner.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels8 records

Core offering

Altamaha Bank and Trust Company is an independent community bank providing personal and business banking products across Southeast Georgia. Core offerings include checking and savings accounts, certificates of deposit, mortgages and home loans, personal loans, credit and debit cards, commercial real estate and equipment financing, agricultural loans, and business services such as cash management, merchant card services, and remote deposit capture. Customers access services through four physical branches in Vidalia, Uvalda, and Hazlehurst as well as online, mobile, and text banking channels.

Product overview

Altamaha Bank and Trust Company offers a comprehensive banking platform serving Southeast Georgia with personal and business banking products. The core offering includes multiple checking and savings account options with rewards programs (Rewards Interest Checking, Rewards Checking), various loan products (mortgages, auto loans, personal loans, commercial loans, agricultural loans), and business services (cash management, merchant services, remote deposit capture). Digital banking is the primary delivery channel for all products, enhanced by integrated third-party services including Kasasa rewards, Zelle peer-to-peer payments, Autobooks invoicing, and Credit Insights credit monitoring. The bank operates four branch locations in Vidalia, Uvalda, and Hazlehurst, Georgia, with approximately $330 million in assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Rewards Interest Checking Interest-bearing personal checking account paying 5.00% APY on balances up to $10,000 with ATM fee refunds up to $25 monthly and free digital banking, targeted at individual consumers.
• Rewards Checking Free personal checking account that pays $8 monthly cash rewards plus refunds on ATM withdrawal fees up to $25 nationwide when qualification requirements are met.
• Interest Checking Interest-bearing personal checking account that pays competitive interest on the entire balance, with a $5 monthly maintenance fee waived when a $1,000 daily minimum balance is maintained.
• Simple Checking Basic personal checking account offering unlimited transactions and a free Mastercard debit card, with a $5 monthly fee waived when a $100 daily minimum balance is maintained.
• Rewards Savings High-yield personal savings account earning 2.25% APY on balances up to $50,000 when linked to an active Rewards or Rewards Interest Checking account and eStatements are enrolled.
• Statement Savings Personal savings account paying competitive interest on the entire balance, with a $2 monthly maintenance fee waived when a $100 minimum daily balance is maintained.
• Personal Money Market Account Tiered personal money market account offering competitive interest rates with direct check writing access, with interest compounded daily.
• Personal Certificates of Deposit (CDs) Personal fixed-rate savings certificates with terms ranging from 3 months to 5 years, offering higher rates than standard savings accounts.
• Individual Retirement Accounts (IRAs) Tax-advantaged personal retirement savings accounts available in Traditional and Roth options, with no setup or maintenance fees.
• CashPlease Small-Dollar Loan Short-term, small-dollar personal loan product offering an affordable alternative to payday loans, repaid in three installments over three months, available 24/7 with no credit report review required.
• Auto Loans Personal vehicle financing for new or used cars, recreational vehicles, motorcycles, boats, and RVs with competitive fixed and variable rates, refinancing options, and pre-approval available.
• Personal Term Loans Flexible personal term loans for vehicle repairs, vacations, and personal projects, with competitive rates and customized repayment terms.
• Bridge Loans Short-term personal bridge financing for immediate cash needs while waiting for long-term financing, home purchases, or unexpected expenses.
• Mortgage Loans Home purchase and refinance mortgage loans including fixed-rate mortgages, adjustable-rate mortgages, USDA Rural Housing Loans, FHA Loans, and VA Loans with local decision-making.
• Construction Loans Home construction financing with competitive rates, interest-only payments during the construction phase, and local decision-making for primary residences or second homes.
• Home Equity Line of Credit (HELOC) Revolving home equity credit line using home equity as collateral for ongoing needs such as education, home improvements, debt consolidation, and emergencies.
• Credit Cards Personal Visa and Mastercard credit cards with global acceptance, zero fraud liability, mobile purchasing capability, and 24/7 cardmember service, issued through Elan Financial Services.
• Commercial Checking Business checking account with 200 free transactions per month, a $10 monthly fee waived with $1,000 minimum balance, and free online banking.
• Commercial Interest Checking Interest-bearing business checking account earning interest on daily balances of $5,000 or more, with a $20 monthly fee waived when a $5,000 minimum daily balance is maintained.
• Non Profit Business Checking Fee-free business checking account designed for religious, charitable, educational, and tax-exempt organizations, with no monthly maintenance fees and no minimum balance requirements.
• Business Savings Business savings account offering competitive interest, unlimited withdrawals per month, and free digital banking services.
• Business Money Market Account Business money market account offering competitive tiered rates, free cash management, and check writing access.
• Business Certificates of Deposit (CDs) Business CDs with fixed rates higher than regular savings, terms from 3 months to 5 years, and a $500 minimum deposit.
• Commercial Real Estate Loans Business financing for the purchase, refinance, or construction of commercial properties at competitive rates, available for owner-occupied or investment properties.
• Equipment Loans

Quantifiable outcome

• 5.00% APY on Rewards Interest Checking balances up to $10,000
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• KasasacoreTechnology or IntegrationPlatform provider powering the bank's website, digital banking experience, and rewards programs including Kasasa Cash, Kasasa Care, and the rewards checking/savings products. FirstBranch by Kasasa handles website development and maintenance including accessibility implementation.
• AudioEyecoreTechnology or IntegrationThird-party web accessibility testing and monitoring provider. Certifies the Altamaha Bank website meets WCAG 2.2 Level AA standards. Provides ongoing accessibility auditing, remediation tracking, and user experience optimization.
• Elan Financial ServicescoreTechnology or IntegrationCredit card issuer and processor. Provides zero fraud liability protection, 24/7 cardmember service, and mobile purchasing capabilities. Cards issued pursuant to Visa and Mastercard licenses.
• MastercardcoreTechnology or IntegrationDebit and credit card network provider. EMV chip technology for security. Accepted globally and online. Enables contactless payments and secure transactions.
• Early Warning Services (Zelle)coreTechnology or IntegrationProvider of Zelle payment service. Enables fast, fee-free person-to-person payments. Over 100 million enrolled users. Transaction typically within minutes for enrolled recipients.
• Main StreetminorChannel Partner/ Reseller/ DistributorCheck ordering partner. Customers can reorder checks through Main Street's platform for delivery of personal and business checks.

Scale indicators4 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• Queensborough National Bank & Trust: Georgia-based community bank headquartered in Louisville, GA with comparable personal and business banking, lending, and branch-based relationship banking model. Directly comparable to Altamaha in size, geographic focus on rural Southeast Georgia, and customer segments.
• Planters First Bank: Georgia community bank offering personal and business banking, mortgage lending, and digital services across central and south Georgia. Closely comparable in target market, loan portfolio mix, and small-community-bank value proposition.

Broad incumbents

• Colony Bank: Regional community bank holding company (Colony Bankcorp) headquartered in Fitzgerald, GA serving South and Middle Georgia markets. Direct regional overlap with Altamaha but operating a broader multi-county footprint and significantly larger asset base.
• Ameris Bank: Southeast regional bank (~$26B in assets) with an extensive community-banking franchise across Georgia and neighboring states. A frequent acquirer of sub-$500M community banks like Altamaha, making it both a peer and a likely exit-option counterparty.
• United Community Banks: Larger Southeast regional bank (~$27B in assets) operating a similar community-banking model across Georgia and adjacent states. Competes for the same deposit base and small-business lending customers in Altamaha's footprint.
• Cadence Bank: Southeast regional bank with community-banking roots across Georgia, Alabama, and the Sunbelt. Overlapping product set, customer segments, and digital banking capabilities; broader incumbent in Altamaha's competitive set.
• Synovus: Major Georgia-headquartered regional bank with deep community-banking presence across the state. Competes for premium consumer and small-business relationships in markets like Altamaha's and frequently engages with Georgia community banks on M&A.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/altamahabankga
• Facebookfacebook.com/altamahabank
• Instagraminstagram.com/altamahabankandtrust

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altamaha Bank and Trust Company