Boys & Girls Clubs of North Alabama has received a $2 million commitment from Redstone Federal Credit Union toward its Doors to the Future capital campaign. The donation, which will be paid over the next five years, is the largest single gift ever awarded to the organization. “This is a transformational gift from Redstone,” said […]
Amanda Hicks has joined Bank Independent as assistant vice president sales officer at the Huntsville Downtown Square location. A graduate of Athens State, Hicks brings more than 15 years of banking experience to Bank Independent with a focus on commercial lending. “I’m excited to offer commercial lending solutions to clients in the Huntsville market,” she […]
Alabama CIO has named Redstone Federal Credit Union’s Terri Bentley a 2021 CIO of the Year ORBIE Awards winner. Bentley is the senior executive vice president and chief information officer at Redstone Federal Credit Union. “She breaks down silos, listens intently and respectfully, and combines her staff’s skills, talents and passion into real technological breakthroughs,’’ […]
In 2008, David Nast and four partners organized the opening of Progress Bank. It was at the time, the only bank headquartered in Huntsville, and they opened offices on Williams Street in downtown Huntsville and in Decatur. In the past 13 years, Progress Bank has expanded to offices in Madison County, Florence, Birmingham, Daphne and […]
New company to operate as Cadence Bank
Small and mid-sized business owners in Alabama strongly support vaccination for COVID-19 and plan to encourage their employees to get the shots in an effort to boost local economic recovery, according to the PNC Alabama small business owners survey released today. More than half (57 percent) of Alabama businesses surveyed will require employees to get […]
Strong communities go beyond affordable housing, they also pave the way for small businesses to provide economic opportunities. A major obstacle faced by minority small business owners is securing financial backing to qualify for a loan. Organizations such as Neighborhood Concepts and Wells Fargo have partnered to help aspiring entrepreneurs invest in their communities and […]
A few bucks can go a long way to feeding families. To help meet that need, Bank Independent is kicking off its seventh annual Food Share drive March 1 to benefit local food banks through the “Feed a Family for $5 with Food Share” campaign. Donors can bring non-perishable food and cash donations to any […]
Loan data shows 1.3 million loans and significant increase to underserved entrepreneurs
Downtown Huntsville continues to evolve and today there is a new addition to the skyline. Or, rather, in the words of Mayor Tommy Battle, Huntsville’s “living room.” Bank Independent and Prince Holdings broke ground Thursday for a five-story office building – 225 Holmes Avenue. The 77,000 square-foot building will include office space and ground-floor retail […]
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