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 […]
As student loan debt statistics indicate, the cost of attending college comes with a hefty price tag for Americans. Since the pandemic hit, it’s also greatly affected many people’s ability to make monthly payments on their student loans. Among the Class of 2019, 69% of college students took out student loans, graduating with an average […]
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 […]
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 […]
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 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,” […]
On Wednesday, September 15, NAI Chase Commercial welcomed Chris Windom as the Property Manager for the real estate firm’s Huntsville office. As an Accredited Management Organization, NAI Chase Commercial is responsible for providing Retail Office and Industrial Commercial Property Brokerage, Leasing and Sales, Commercial Property Development, Commercial Property Management Services, Investment Property Brokerage, Construction Management […]
Headquartered in Jasper, Tennessee, with several other locations in Nolensville, Franklin, Chattanooga, Tower Community Bank opened its first location in Madison County, and totes a list of community focused and relationship driven services that are hard to beat. Central to the business is actually a part of their name. Their focus on community banking is […]
MADISON — Fighting a cloudy sky and threatening rain, First National Bank formally cut the ribbon on its fifth location in Alabama – across from Toyota Field at Town Madison. Baseball, delicious food, retail shopping, and plenty of fun and excitement, and now there is access to plenty of money to pay for it. With […]
A Huntsville group has filed an Interagency Charter and Federal Deposit Insurance Application with the Federal Deposit Insurance Corporation for deposit insurance for a new bank. According to a news release from organizer Marc Minish, the proposed name for the bank is Nova Bank. The organizers plan to also file an application with the Alabama […]
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