Nashville-based bank announces first permanent office location in Huntsville

It has been years since the building at 409 Madison Street has been occupied and operational. Located directly across the street from the Early Works Museum, one of Huntsville’s long-time local favorites, and directly in the heart of downtown HSV, the what was formerly a Wells Fargo building has sat vacant in what many Huntsville […]

Progress Financial Corporation declares special dividend

HUNTSVILLE, AL – At its July meeting, the board of directors of Progress Financial Corporation, the parent company of Progress Bank, approved a special cash dividend of $0.16 per share.  The dividend will be payable on July 27, 2022, for shareholders of record as of July 8, 2022.   “We are proud of everything Progress Bank […]

North Alabama’s Bank Independent Promotes Williams, Kline, Mangum and Sledge

Bank Independent, headquartered in Sheffield, Ala, is proud to announce the internal promotions of team members Kelly Williams, Ryan Kline, Kyle Mangum and Deanna Sledge. “We’re proud to promote these team members who exhibit the qualities of a servant leader and help us fulfill our mission to make a positive difference and achieve our vision […]

Bank Independent Celebrates Groundbreaking of West Madison Location

Bank Independent’s North Alabama roots run deep–it began in Leighton with a group of farmers who pooled their resources following the closure of the area’s only bank. Recognizing the needs of the community, they opened the Bank of Leighton in 1947.  The new organization was renamed First Colbert Bank in 1965, then in 1967 it […]

ServisFirst Bank Huntsville announces newest Chief Credit Officer

HUNTSVILLE – ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announces the promotion of Angel Stinson to Chief Credit Officer for the ServisFirst Bank Huntsville/North Alabama region. “We’re excited to announce Angel’s promotion to Chief Credit Officer,” states Andy Kattos, ServisFirst Bank Huntsville Regional CEO. “Her consistent accomplishments for the Bank and impressive experience in our industry […]

United Community Bank Acquires Huntsville’s Progress Bank

After 14 successful years of banking within and around the Huntsville community, Progress Financial Corporation announced this morning that the company was officially acquired by United Community Bank.  This merger agreement, where United will acquire Progress, was executed in an all-stock transaction with an aggregate value of approximately $271.5 million, or $23.52 per share of […]

ServisFirst Bank Huntsville Announces Newest Senior Vice President, Private Banking Officer

ServisFirst Bank, a subsidiary of ServisFirst Bancshares, has announced the promotion of DeLynn Gower to Senior Vice President, Private Banking Officer for ServisFirst Bank Huntsville. Prior to the announcement, Gower has worked with ServisFirst Bank for around sixteen years, where she served as the Client Service Representative, Assistant Branch Manager, and a few key positions […]

ServisFirst Bank Huntsville Announces New Board Member

ServisFirst Bank, a subsidiary of ServisFirst Bancshares, announced the addition of Zack Penney as a Board Member of ServisFirst Bank Huntsville.  Zack graduated from Auburn in 2004 with a degree in Entrepreneurial and Family business. He continued to focus on his business path by attending and graduating from the National Auto Dealers Academy in McClean, […]

North Alabama’s Bank Independent Announces City President of Huntsville

Over the past few months, Bank Independent has shared in many of the major growth trends seen in North Alabama business, including the establishment of an endowment program at the University of North Alabama (UNA).  Continuing with this pattern, Bank Independent recently announced the promotion of DeMarco McClain as the City President of Huntsville.  McClain […]

Brandon Carrin Promoted to Progress Bank AVP

Though born in Tennessee, Brandon Carrin calls Huntsville “home.’’ He moved with his family to the southeastern part of the city when he was 4 years old. He eventually graduated from Grissom High School before moving on to the University of Alabama’s Culverhouse College of Business, where he earned a bachelor’s degree in finance. He […]