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.
Credit unions buying banks is a trend on the rise
Avadian Credit Union is among the financial institutions growing through acquisition of a bank. Its acquisition will close in the third quarter of 2022.
Alabama’s Largest Credit Unions 2022
Redstone Federal Credit Union ranked the largest of Alabama's credit unions based on assets in third quarter 2021. See who else made the list.
Cadence Bank and NCRC develop community benefits plan
The $20.7 billion community benefits plan will help underserved communities, small businesses and low- and moderate-income individuals.
Retrospect: A look at the history of the Alabama Penny Savings Bank
Founded in Birmingham in 1890, the Alabama Penny Savings Bank was the first financial institution in the state-owned and operated by African Americans
Kassouf promotes 10 employees
Two of the 10 employees were promoted to manager, one to supervising senior and seven to senior at the accounting firm.