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Banking and Finance

Regions Financial increases revenue to $7.2 billion for 2022

Regions reported a total revenue increase of 12% year-over-year to a record $7.2 billion on both a reported and adjusted basis for 2022.

United Community and Progress finalize bank merger

Huntsville-headquartered Progress Financial Corp. will now operate under South Carolina-headquartered United Community Banks' brand.

Credit union executive finds relaxation at his pecan farm

Redstone Federal Credit Union President and CEO Joe Newberry owns Newberry Pecans, his family farm in Ardmore.

Oakworth tops “best bank to work for” list for fifth straight year

For the fifth year in a row, Oakworth Capital Bank has been named Best Bank to Work For by American Banker Magazine.

Regions partners to provide ATM access to smaller bank customers

Seven community development and minority depository institutions will be part of an ATM agreement with Regions Bank.

Retrospect: Birmingham’s first banker

Charles Linn established the National Bank of Birmingham, becoming Birmingham's first banker.

Correspondent banks: The go-between of banking

Correspondent banks often help expand the services of community banks

Alabama’s Bank Performances 2022

A ranking of banks headquartered in Alabama by total assets in 2021. Taking the top spot was Regions Bank, with assets of $162.2 billion.

Southern States goes public

Since starting in 2007, Southern States has grown to $1.9 billion in assets, with 15 branches in Alabama and Georgia and a loan production office in Atlanta

Bank Independent breaks ground on Huntsville sales office

North Alabama-based Bank Independent has broken ground on a new South Huntsville sales office in the Market at Hays Farm development

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