Op-Ed provided by: Bank Independent CEO, Macke Mauldin The Vital Role of Community Bank Deposits Most conversations about new digital payment tools often miss a crucial reality: when money exits community bank deposits, local lending is directly impacted. Treasury Secretary Scott Bessent emphasized, “In a fractional banking system, deposits finance lending. When deposits flow out, […]
Hampton Cove Shops, a retail center adjacent to Walmart in Owens Cross Roads, has been purchased for $7.6 million, Prudent Growth Partners announced. Prudent Growth is a private equity real estate firm based in Chapel Hill and Charlotte, N.C. According to the firm, the 41,681-square-foot center is 96.64% leased to 12 tenants with staggered lease […]
Community members, healthcare workers, and patients packed into the provided space at Campus 805 for a community forum / listening session on Friday, March 6 to voice concerns over Huntsville Hospital’s proposed acquisition of Crestwood Medical Center, warning that the merger could reduce competition, suppress wages, and limit access to care in one of the […]
Jonathan Ceci has been promoted to Commercial Banking Officer at ServisFirst Bank Huntsville. Ceci first joined ServisFirst Bank as a summer and winter intern in 2022 while attending the University of Alabama, where he graduated summa cum laude in May 2023 with a Bachelor of Science in Business Administration, Finance. After graduation, he joined the […]
To boost the Army’s efforts to modernize, AeroVironment is turning to GENESIS. Under a three-year, $97.4 million contract, the company, which has an office on Corporate Drive in Huntsville, will design and integrate prototype test environments — including flight motion table and cryogenic space chamber facilities — on Redstone Arsenal. The contract was awarded under […]
From a Huntsville perspective, Fuel Alabama (FuelAL) continues to serve as a connector between students and one of Alabama’s fastest-growing innovation economies. As the region continues to attract significant investment from aerospace, defense, and advanced technology companies, programs such as FuelAL play an important role in ensuring the next generation of talent understands the opportunities […]
Built in 1965 to help power the first missions to the moon, Test Stand 4670 at the Marshall Space Flight Center has served well. Now, thanks to Blue Origin leasing the revitalized test stand since 2023 from Marshall, the current space program stands on the shoulders of the past. “It took four years of construction […]
Drake State Community and Technical College President Dr. Patricia Sims testified Wednesday before the U.S. House Appropriations Subcommittee on Labor, Health and Human Services, and Education, making a direct case to federal lawmakers for sustained investment in programs that keep community college accessible and effective for the students who need it most. Dr. Sims spoke […]
Called a game-changer for West Huntsville, the city is another step closer to linking downtown with UAH and Cummings Research Park and some of Huntsville’s more established neighborhoods. Huntsville took that step when the City Council approved an engineering design and construction administration services contract with Volkert for the “urban park.” “This will be a […]
Huntsville City Schools’ $600 million, 10-year capital plan was presented at the Huntsville City Council Meeting on Thursday, Feb. 26. Huntsville City Schools Superintendent Dr. Clarence Sutton, the school district’s financial officer Dustin Daehn, and City Finance Director Penny Smith presented details of the plan to council members. Sutton said the capital plan is integral […]
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