SouthPoint, Merchants agree on merger SouthPoint Bancshares and Merchants Financial Services, parent companies of SouthPoint Bank and Merchants Bank of Alabama, will merge, with a combined $1 billion in assets, $895 million in deposits and 10 branches. Merchants Bank will continue to operate under its name as a division of SouthPoint. – Banking Exchange Huntsville…
SouthPoint, Merchants agree on merger; Huntsville company awarded $9M contract; PNC raising its minimum pay rate; Hoover’s Perfect Note expanding
SouthPoint Bancshares and Merchants Financial Services, parent companies of SouthPoint Bank and Merchants Bank of Alabama, will merge.
