The Savannah Bancorp, a bank holding company, began operations in 1990 when The Savannah Bank’s first branch office opened on Johnson Square in historic downtown Savannah. In 1998, the Company merged with Bryan Bancorp of Georgia, Inc., the holding company for Bryan Bank & Trust of Richmond Hill, Georgia. The Savannah Bank has six full service offices in Chatham County. Bryan Bank & Trust has two full service offices in Richmond Hill.
In August of 2007, The Savannah Bancorp acquired the investment advisory firm, Minis and Company, which is one of the oldest and most successful investment advisory firms in the Southeast. This partnership, along with the existing wealth management operations of the bank offers clients a full range of banking, fiduciary and asset management services.
According to the most recent FDIC deposit market share report, we are the largest community bank in Savannah. We have the wide array of products needed to compete with the largest banks AND the people and service to make a difference. We have people active and familiar with the community who are knowledgeable about business and Savannah. This allows us to provide everything a business or consumer may need to meet their needs with the flexibility and understanding to make it work. Banking is about relationships and we are committed to these relationships. We have been a part of Savannah for over 18 years which has allowed us to develop deep roots which we hope will weather the current environment but also help us gain a competitive advantage for years to come.
The Savannah Bank believes that a growing community requires financial leadership and ‘hands on’ support with community and civic activities. As a local, community bank, the officers and staff are very active in their roles to give back to their communities and are philanthropists in times of need. From the very beginning of the Company, this philosophy has been instilled in the character and personality of the company and its employees. It is one of the many things that make our banks unique.
We also feel it is important for each of our banks to have a local board to stay in touch with the needs of the community. These boards live and work in the markets we serve and have a stake in their success. They care about their community and understand the needs of the local area. They serve a valuable role in providing oversight and direction to make sure we understand and help our clients in every possible way.
Because our banks are founded on being independent and to serve our communities with a local approach to banking, we believe in empowering as many of our front line bankers as possible. Our managers have lending authority that many times is not seen at bigger, regional banks headquartered elsewhere. This means quicker loan decisions and faster response times. It also means banking that is more flexible and open to new ideas. By taking the time to know our clients and their needs, our bankers look for ways to help their clients with all of their financial needs.
The Savannah Bancorp, Inc. is listed on the NASDAQ for trading under the symbol SAVB.