NAR says to expect 6% average for 2024 as mortgage rates decrease

The average 30-year fixed mortgage rate continued to decrease this week, with the current average at time of printing down from 7.61% to 7.41%.  As a result, demand for mortgages have begun creeping back upwards, with applications nationwide up 2% over the week. However, this still represents a 20% decrease from the same time last […]

Bank Independent named one of the Best Banks to Work For in 2023

Bank Independent has been named one of the 2023 Best Banks to Work For. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees. This marks the fifth year in a row this prestigious honor was awarded to the Bank. “Our team members are our most valuable asset,” Bank Independent CEO Rick Wardlaw says. […]

Strong announces $5M FAA investment in North Alabama airports

Congressman Dale W. Strong (AL-05) announced that the the Federal Aviation Administration (FAA) has awarded more than $5 million in grant funding to five airports in North Alabama. The Fiscal Year (FY) 2024 grants were administered through the Airport Infrastructure Grant (AIG) program and funded by the Infrastructure Investment and Jobs Act (IIJA).  “The FAA’s […]

Bridgeworth Wealth Management to join forces with Savant Wealth Management

Cover image: Brian Hinson, CFP®, CPA/PFS, ChFC® of Bridgeworth Wealth Management   Nationally recognized Bridgeworth Wealth Management announced plans to join Savant Wealth Management, a fee‐only registered investment advisor (RIA) with nearly $21 billion in assets under management (AUM). Bridgeworth, which has 58 employees and an AUM of approximately $2.2 billion, will mark Savant’s first partnership […]

Bank Independent breaks ground on new $60M operations center

Back in 2020, Bank Independent announced the plans for a state-of-the-art operations center that aimed at consolidating the company’s operations staff under one roof. At this time, Bank Independent’s ops teams are spread between five buildings throughout the Shoals area. This past Wednesday, the company took a major step in alleviating this challenge when company […]

Huntsville representatives celebrate newest T2S Solutions operations expansion

HUNTSVILLE, AL — Various Huntsville representatives were present yesterday at yet another Huntsville ribbon cutting. T2S Solutions, a veteran-owned small business based in Belcamp, Maryland, expanded its operations in the area with the company’s new 4,000 Square-Foot Tactical Space Layer Integration Lab in Cummings Research Park. “The cutting of this ribbon symbolizes T2S’ continued commitment […]

Boeing breaks ground on new PAC-3 factory expansion

On November 13, Boeing celebrated the groundbreaking of a new Patriot Advanced Capabilities Three (PAC-3) seeker factory expansion, which is expected to increase annual production by over 30 percent. Jim Ryan, Boeing’s Director of Integrated Air and Missile Defense, emphasized the importance of the expansion for production of PAC-3s. “The Boeing seeker allows the Patriot […]

City Council amends and reapproves $325M downtown development project

Finance and expensive developments were once again on the docket during the Huntsville City Council’s regularly scheduled meeting last Thursday. On November 9, the Council heard a cash investment update from Finance Director Penny Smith and approved amendments to the $325 million dollar mixed-use development on the site of the former Coca Cola bottling plant. […]

State of the County Address tackles pains of population growth, outlines infrastructure plan

The Von Braun Center kicked off a busy holiday season this past Tuesday, November 07, while hosting the State of the County Address. Sponsored by the Huntsville Hospital Health System and the Huntsville/Madison County Chamber of Commerce, Chairman of the Madison County Commission, Mac McCutcheon, gave an address that tackled population growth, budgeting, and quality […]

Bank Independent announces continued partnership with local university aimed at student success

Bank Independent continued an important community educational partnership that began back in 2018. Around 6 years ago, the Shoals community and the University of North Alabama (UNA) began the process of generating interest, ideas, and revenue for a state-of-the-art football stadium. Since the rebirth of their football program back in 1949, the University of North […]