ServisFirst Expands in Florida
ServisFirst Bank, headquartered in Birmingham, has expanded its footprint in Florida with a new location in Fort Walton Beach.
Currently under construction, this new branch...
BankFirst Record Net Income; Farmers & Traders Acquisition Complete
BankFirst Capital Corp., which completed its acquisition of Haleyville’s Farmers & Traders Bancshares on July 1, announced a record-setting second quarter net income of...
PPP Loans: When “Never Mind” is the Right Thing
On July 6, the U.S. Treasury Department released a database on the Payroll Protection Program, the recently ended business relief program that administered $700...
A Fearful Wild Ride
“The stairs take the market up and the elevator takes it down,” it’s said, and the brain trust of Alabama wealth managers we interviewed added the footnotes and admonitions top to bottom.
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...