Protect your family by using Alliance Bank services.. .we have new offers and specials regularly to help you save. Feel secure by using are on-line services and open an account today. Simplify your life and call Alliance Bank today we can help make banking more efficient. History Alliance Bank has been a strong banking presence in the community since its opening in the late 1920s. In mid-1927, First State Bank of Sulphur Springs was closed for insolvency. Two of its largest depositors, Charles Ashcroft and Jim Lindley, decided to reopen under a new name and new management, and on June 13, 1927, they re-chartered as Sulphur Springs State Bank. Still providing the same level of customer service, the bank's name changed to Alliance Bank in October 1996. Also that year, Alliance Bank established its online presence with www.alliancebank.com. Since its birth in 1927, Alliance Bank has seen changes in the dairy industry as well as its own banking industry and met them head on with new products and services.