Banking & Finance

UB Offers $65M in New Market Tax Credit Funding

UB Community Development, a partner of Atmore-based United Bank, has received $65 million in New Market Tax Credit authority, which it will allocate to...

Alabama Highest in 2020 Per Capita Bankruptcies

Commercial chapter 11 filings during the first six months of the year 2020 increased 26 percent over the year before, and Alabama had the...

BBVA USA Streamlines Industry-Leading Mobile App

BBVA USA has launched two new digital updates designed to strengthen financial freedom for their customers. Mobile 9.0, its new mobile banking app, and an...

United Bank Provides Funding for Municipal Projects

United Bank Community Development has provided lending for a new sanitation building in Atmore and a new fire truck in Satsuma. A subsidiary of Atmore-based...

Rural Private Equity: Alabama-Born Niche

It's not every day that a billionaire flies into Haleyville, but that's what fashion designer Tommy Hilfiger did when he wanted to consult with...

May Unemployment Figures Hint at Recovery

The Covid economy appears to have reached bottom and recovery may be underway, according to an analysis from a team of BBVA researchers. The BBVA...

Bank Independent Supplies PPP Loan Forgiveness Guidance

Bank Independent recently provided businesses with guidelines on the Small Business Administration’s Paycheck Protection Program loan forgiveness process. The PPP loan program is intended to...

Bank Independent Sews Masks for Hospitals

Over the last few weeks, Bank Independent team members have sewn and distributed more than 1,000 masks to hospitals across North Alabama to augment...

Fun Money for a Cause

Credit unions encourage employees to support local businesses — and give them cash to do so.

Rapid Response to the PPP in Alabama: ServisFirst

A major stopgap federal relief program during the virus crisis, the Paycheck Protection Program, is winding down its second round, with no third round...

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