Banking and Finance

Cost of living up, cost of living well not so much

Oakworth Capital Bank measures cost of consumer goods to check trends.

Financial Planning & Investment Advisory Firms 2022

A listing of Alabama's financial planning and investment advisory firms, ranked by value of assets under advisement from Alabama offices.

Black-owned banks serving their communities

Alabama is currently served by four Black-owned banks, with two of these institutions headquartered in the state.

Progress Financial merges with United Community Banks

United Community Banks will acquire Progress Bank in an all-stock transaction valued at $271.5 million.

Newsweek taps United Bank, PNC as tops in Alabama

Atmore-based United Bank selected among state’s small banks by Newsweek Magazine, while PNC was chosen as the best large bank.

Guest column: Credit unions good for the customer, community and economy

When a credit union purchases a bank, customers benefit

Alabama mortgage statistics wobble

Black Knight Inc. has ranked Alabama in the top five states for non-current mortgages and 90-day delinquent mortgages.

Guest column: Credit unions’ community bank acquisitions aided by tax subsidies

Despite what tax-exempt credit unions say about their taxpayer-subsidized purchases of community banks (“Credit unions buying banks is a trend on the rise,” March...

Chambers named CEO of Southern States Bank

Mark Chambers has been named CEO of Southern States Bank and added to the board of directors of holding company Southern States Bancshares.

ServisFirst Bank expands in North Carolina

The Charlotte market location of ServisFirst Bank will be led by Rick Manley, a 40-year banking veteran. ServisFirst is headquartered in Birmingham.

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