Home Banking and Finance

Banking and Finance

Regions to acquire Utah-based home improvement lender

Regions Bank today announced it has agreed to acquire home improvement lender EnerBank USA, which is based in Salt Lake City, Utah. EnerBank is one...

United Bank focuses on the community

In 1907, a cluster of homes seated parallel to a railroad became Atmore, Alabama. In the same year, the Wright Brothers flew the first...

PNC gets approval for BBVA acquisition

Pittsburgh-based PNC Financial Services Group has won regulatory approval for its acquisition of BBVA USA. The deal is expected to close June 1, leaving PNC...

FirstBanc Acquires SouthFirst

Talladega-based FirstBanc of Alabama Inc., parent company of First Bank of Alabama, has completed its acquisition of SouthFirst Bank, which was announced last October. The...

KKR takes major stake in Therapy Brands

International investment firm KKR has agreed to purchase a majority stake in Birmingham’s Therapy Brands for $1.2 billion. The Birmingham firm, founded in 2013, creates...

Alabama-Based, Family-Owned Community Bank Continues Steady Growth

Opening a new banking office during a COVID-19 pandemic has certainly made for creative approaches to celebrating achievements such as this. In the past...

BancorpSouth and Cadence Announce a Merger

Parent companies of BancorpSouth Bank and Cadence Bank today announced a merger that will create a $6 billion institution that the firms calculate will...

Atmore’s United Bank buys Town-Country

United Bancorporation of Alabama Inc., based in Atmore, announced today that it is acquiring Town-Country National Bank, based in Camden. TCNB will now operate...

Cullman Bancorp to Become Public Company

Cullman Bancorp Inc. is planning to go public. The parent of Cullman Savings Bank will offer a second-step stock offering of new shares of common...

Regions Bank Names New Chief Marketing Officer

Regions Bank has named Abbas Merchant as chief marketing officer, replacing Michele Elrod, who is retiring after 37 years with the bank. Merchant was with...

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