Banking in the blood: A family of bankers in Red Bay
Brad Bolton, of Community Spirit Bank in Red Bay, is chairman-elect of the Independent Community Bankers of America.
Porter Capital creates funding solution for pandemic-hit firm
Birmingham-based Porter Capital has created an $8 million line of credit for a pandemic-hit firm, allowing the firm to remain in business.
The firm, described...
Rising Stars in Alabama banking
The Alabama Bankers Association Rising Stars program was launched this year as a collaborative effort between the association and Business Alabama to recognize and identify the emerging leaders in the Alabama banking industry.
Rise of the ITM
Jim Kinney is a very busy man these days.
“I have two this week,” he said recently. “I’ll do another one tomorrow. We’ve got a...
Regions Bank acquires Sabal Capital Partners
Regions Bank is acquiring Sabal Capital Partners LLC, a financial services firm that leverages a technology-driven origination and servicing platform, SNAP, to facilitate lending...
Bank Leumi merges into Valley National Bank
Bank Leumi, based in Israel, has merged its U.S. unit into Valley National Bank, at a price of about $1.2 billion. Bank Leumi will...
Progress Bank opens Tuscaloosa office
Huntsville-based Progress Bank will open a loan production/deposit production office in Tuscaloosa and has hired a Tuscaloosa market president.
Cadence Bank celebrates opening branch in Southwest Birmingham
Cadence Bank celebrated opening its newest branch on Dennison Avenue in Southwest Birmingham, in the historic African American communities of Titusville and West End...
UB Community Development receives $65M allocation
UB Community Development LLC, a community development partner of United Bank, has been awarded a $65 million New Markets Tax Credit allocation from the...
Hometown Lenders expands national footprint
Huntsville-based Hometown Lenders (HTL) opened a branch in Gig Harbor, Washington, bringing its total locations to more than 100 in some 40 states. It’s...