Tom and Beth Ray continue the family banking business in Waterloo
And then there was that time that Tom Ray chased the bank robbers down Main Street in Waterloo.
He doesn’t remember exactly when that happened...
Wells Fargo allots $3 million for minority grants
Wells Fargo has announced a grant program to provide $3 million to help small business in Alabama, Georgia, Mississippi, North Carolina and West Virginia.
Funds,...
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...
