Accountants Create Rapid Response Unit
In response to our call for stories from the front lines of the ongoing virus crisis, Kari Wolfe, with Avizo Group, an accounting firm...
Alabama Banks Help Customers, Businesses Navigate COVID-19 Economy
The recent COVID-19 pandemic has taken the small business sector by storm, causing many to temporarily shut their doors, lay off employees and think...
Developing Resiliency and a Path Forward
As most of us know by now, the current coronavirus/COVID-19 pandemic is moving quickly, and, day by day, there comes new updates of a...
Redstone Credit Union Adjusts for Members in Crisis
Redstone Federal Credit Union is offering additional financial assistance to members impacted by the COVID-19 crisis, including small business members.
Besides adjustments made by the...
Redstone Federal Credit Union Partners with Retailer Rural King
Redstone Federal Credit Union has partnered with retail chain Rural King to expand their services without having to build branches.
Rural King is the nation’s...
Alabama’s Largest Bank Goes to Drive-Thru Only
In the wake of the coronavirus, Alabama’s largest bank by total assets announced it was taking measures to limit in-person branch-banking services.
Regions Bank branches...
Financial Rock Star, Former Harbert Manager, Has Assets Frozen
Masterworks by Pablo Picasso and Andy Warhol were among the swag sold by infamous hedge fund operator Philip Falcone that prompted a New York...
United Bank Lands One of U.S. Treasury’s Largest Community Development Awards
The U.S. Treasury Department recently gave a $6 million community development award to United Bank, in Atmore, in south Alabama, one of the largest...
New Bank Hits $100 Million Milestone
A relatively new bank in Huntsville has reached $100 million in assets.
Merit Bank, a subsidiary of Merit Bancorporation, in July 2019 made news for...
Small Business Bankruptcy Reforms You Need to Know
Key changes covered here:
prompt deadlines
protection from vengeful creditors
class of creditors not needed to approve a plan
absolute priority rule eliminated
independent...