In 1976, a small group of organizers in Mobile, Alabama, established Commonwealth National Bank to meet the needs of individuals and businesses that had previously been denied equal access to financial services. Its founders took on the vigorous process of making it a national bank.
Today, Commonwealth has two offices to serve the needs of customers in the Mobile area, the Toulminville and Crichton branches. Its first permanent office opened June 26, 1977 on St. Stephens Road in the heart of the Toulminville community. Renovated in 2008, this location offers full-service banking and serves as the bank’s main office.
A second office providing full-service banking was opened in nearby Prichard, Alabama, on June 16, 1995. This location also housed the bank’s operations center while serving communities east of Mobile until its closure in December of 2011. Commonwealth further expanded by opening a third office in the Crichton community of Mobile on September 17, 1999.