ATLANTA -- Central Bank of the South became the 100th commercial bank to join the Federal Home Loan Bank of Atlanta.

Congress first permitted such memberships in 1989.

As a member and stockholder, the Birmingham, Ala.-based bank will have access to an additional source of low-cost funds for home financing and will be eligible to use the Home Loan bank's credit and correspondent banking services.

Central Bank, a subsidiary of Central Bancshares of the South Inc., is the 17th Alabama commercial bank approved to join the Home Loan system.

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