Bank Independent Holding Food Share Drive

Bank Independent, which is headquartered in Sheffield with offices in 18 North Alabama communities, announced it is holding its “Feed a Family for $5’’ Food Share drive to benefit local food banks. The campaign will be held from March 7-25.  Donations of non-perishable items and/or cash can be dropped off at any Bank Independent location,  […]

Hometown Lenders Donates $500,000 to Huntsville Hospital for Women & Children Pediatric Unit Upgrade

Thanks to a $500,000 donation from Hometown Lenders, the Huntsville Hospital Foundation recently announced that it will fund a full renovation of the Pediatric unit at Huntsville Hospital for Women & Children. Not only is this one of the largest outright one-time corporate contributions in the Foundation’s history, but it will also be the first […]

Huntsville’s Merit Bank Announces Newest Team Member

Huntsville’s Merit Bank announced the addition of David Kimrey to their team as the Executive Vice President for commercial and private banking.  Kimrey brings more than 40 years of local banking experience to his new position.  “We are proud to welcome David Kimrey to Merit Bank,” said Will Heaps, President and CEO of Merit Bank. […]

Progress Financial Announces One-Time Cash Dividend

At its most recent Board of Directors meeting, Progress Financial Corporation declared a special one-time cash dividend for their shareholders at $0.25 per share. Progress Financial is the parent company of Progress Bank which has 13 total locations in Alabama and Florida with their headquarters residing in Huntsville. Since opening in 2008, Progress Bank has […]

Federal Reserve Bank of Atlanta Board reappoints Huntsville’s David Nast

The Federal Reserve Bank of Atlanta announced the reappointment of David Nast to a three-year term on the organization’s Birmingham Branch board, which will be Nast’s second consecutive appointment.  As a founding member of Huntsville-based Progress Bank, David Nast has served as President and CEO of the bank since 2008. Between 1982 until 2006, he […]

Bryant Bank breaking ground on Athens location

ATHENS – Bryant Bank’s presence in North Alabama is growing. The bank, founded in Tuscaloosa in 2005 by Paul W. Bryant, Jr., currently has two locations in Huntsville as well as a loan production office in Athens. A groundbreaking ceremony is scheduled for Thursday at 2 p.m. This will mark the start of construction on […]

Huntsville’s Merit Bank Announces New President and Chief Executive

Along with much of the recent success within the Huntsville-Madison County community, Huntsville-Based Merit Bank announced Charles W. Heaps as the company’s new President and Chief Executive. Heaps brings more than 20 years of banking experience to the new position, with an extensive record in commercial and agricultural lending success.  Heaps was one of the founding […]

Progress Bank Adds 12th Location in Tuscaloosa

Progress Bank opened its 12th location in Tuscaloosa, Alabama recently, with Brad Hayes elected as the Tuscaloosa Market President.  “Brad will be an integral addition to our senior management team with his impressive background in banking. A native to Tuscaloosa, he provides valuable insight to the wants and needs of our clients in the area,” […]