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Photos: Tyler Anderson/ProSport Management First Bank of Alabama partners with Talladega Superspeedway track to host a hands-on educational STEM program event for seventh graders. is home to $900 million-asset First Bank of Alabama, but it’s also home to the Talladega Superspeedway, a famous NASCAR racetrack.
billion banking giant has agreed to sell two branches to M&M Bank and 22nd State Bank, while PA-based CommunityBank is closing two premises Management Feature M&A Feature3 CommunityBanking.
The communitybank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Alison Trapp, Abrigo’s Director of Client Education, will moderate the discussion.
Last year, communitybank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.
The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020 CommunityBanking M&A Management Feature Feature3.
Lone Star Capital Bank's plan to merge into Rio Financial Services' banking subsidiary is one of several recently announced Texas M&A deals; David Sparacio will join Birmingham, Alabama's ServisFirst Bancshares as its chief financial officer; Capital City Bank names Ramsay Sims chief banking officer; and more in this week's banking news roundup. (..)
I was driven by the goal of doing whatever I could do to make a difference in my community. At the young age of 22, I became the third generation of my family to take the helm as president of Centinel Bank of Taos. I was given a significant opportunity by the board and bank management—one I didn’t take lightly.
To avoid taxes on the divestiture of a commercial lending unit, Woodforest National Bank backed an Alabama redevelopment project through a government program that promotes investment in underserved communities.
Alabama businessman Cecil Batchelor marks half a century as chairman of CB&S Bank, which he remains committed to keeping independent. The post Declaration of Independence appeared first on ABA Banking Journal.
Earlier this year, Farmers Exchange Bank , a 57-year-old communitybank with four branches across Alabama, went live with its new SaaS platform, Temenos Insight. Blair Osmer, Farmers Exchange Bank.
Know your community’s cultural touchstones. In regional ads in Alabama, Hyundai used bobble heads of the mascots for Auburn and Alabama as the items that would seal the deal for a new car customer. You could do the same, depending on the things that matter to your community. It also tells the community that you care.
The $381 million deal for Alabama-based Southern States Bancshares would give FB entree to the sprawling Atlanta market. CEO Christopher Holmes said the bank would likely focus on nearby suburban communities initially.
Now he is the primary organizer of the proposed Nova Bank in Huntsville, Alabama, which has received conditional regulatory approval. After working for the Federal Deposit Insurance Corp. for a decade, Marc Minish was determined that he could open his own institution.
First Federal Bank of Kansas City finalized a plan to reorganize its corporate structure; Regions Bank in Birmingham, Alabama, was one of 10 to win the "President's 'E' Award for Export Service"; Rhode Island-based Citizens Financial Group named Jim Weiss as Florida market president; and more in this week's banking news roundup.
said it has entered into a definitive agreement to purchase substantially all of the assets and assume the deposits of the privately held Bank of Pine Hill, based in Pine Hill, Ala. Family Security Credit Union, a $580-million institution based in Decatur, Ala.,
has agreed to buy two banks in Alabama and Florida and it announced plans for a capital-raise to fund the deals. First Bancshares in Hattiesburg, Miss.,
BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. The Alabama-based bank holding company said the partnership is key to its strategy? of growing the bank throughout the U.S. BBVA is one of six U.S.
From opposite political directions, Senators Shelby and Brown stand on point to greatly influence communitybanking’s agenda in the next Congress. The mix of contrasts and similarities of Shelby’s and Brown’s perspectives and policymaking portend an active session for communitybanking’s agenda in the new 114th Congress.
(Nasdaq: OZRK) of Little Rock, Arkansas Over a 100-year banking history, Bank of the Ozarks expanded from its headquarters in Little Rock, Arkansas, to more than 100 locations throughout the Southeast and is consistently ranked among the top performing banks in America (see chart). How did they grow so quickly?
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