Bank Independent has appointed Stacy Suggs as Executive Vice President — Chief Risk Officer. In this role, she will be responsible for overseeing a range of risk-related functions, including Credit Risk Management, Cybersecurity, Compliance, and Internal and External Audits. Suggs has been with Bank Independent since 1988 and previously served as Chief Operations Officer. Her […]
ServisFirst Bank, a subsidiary of ServisFirst Bancshares, is marking its 20th anniversary this May, having first opened in 2005. The bank remains focused on its stated mission of prioritizing customer service. The Birmingham-based bank maintains a disciplined strategy for expansion and growth, focusing on operational efficiency and targeted recruitment within its markets—factors it cites as […]
On May 5, 2025, Governor Kay Ivey addressed the Huntsville Madison County Chamber of Commerce at the Von Braun Center, offering her “Alabama Update 2025.” Speaking to a crowd of business leaders and sponsors including Meta, Mazda Toyota, Blue Origin, Boeing, and multiple defense contractors, Ivey painted a picture of Alabama as a state on […]
Property taxes have long been a primary funding source for essential public services like schools, roads, and emergency services. However, they also place a significant financial burden on homeowners, even after a mortgage is paid off. Rising property values can lead to increased tax bills, which can strain a homeowner’s monthly budget when rising values […]
ServisFirst Bank has announced the addition of Jacob Abbott as Assistant Vice President, Commercial Banking Officer for ServisFirst Bank Huntsville. “We are thrilled to have Jacob Abbott join our team in Huntsville,” states Andy Kattos, Regional CEO of ServisFirst Bank Huntsville. “His experience and commitment to the community make him a great fit for our […]
The University of Alabama in Huntsville (UAH) has received a $250,000 pledge from Bryant Bank to support its Athletics program over the next five years. The commitment adds to the bank’s ongoing support of the university, which has included contributions to the Colleges of Nursing and Business, as well as previous donations to UAH Athletics. […]
Bank Independent and the University of North Alabama (UNA) have announced a new scholarship program aimed at expanding access to higher education for North Alabama residents. The partnership provides a 20% tuition scholarship to eligible Bank Independent customers enrolling in undergraduate, graduate, or doctoral programs at UNA. The initiative is designed to ease financial barriers […]
Bank Independent has announced the promotion of DeMarco McClain to Area President for Madison County. “DeMarco’s leadership, deep knowledge of the market, and commitment to our mission make him the ideal leader to continue building our presence in Madison County,” said Rick Wardlaw, CEO of Bank Independent. “He has earned the trust of his team, […]
FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank, jointly announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered in […]
In a major win for Alabama’s public sector workers and their families, Governor Kay Ivey has signed SB 199—the Alabama Public Employee Paid Parental Leave Act of 2025—into law. The legislation, which goes into effect July 1, 2025, grants paid parental leave to public school educators, community college staff, and state employees for the first […]
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