This May, Bank47 held a ribbon-cutting ceremony to mark the opening of its new location on Church Street. To celebrate this milestone, the financial institution held an event at The Ledges on June 26th. The celebration featured heavy hors d’oeuvres, an assortment of beverages, a unique and interactive keynote speech from Dr. Kevin Elko, and […]
Bank47 officially opened its new Church Street location on May 29, offering a fresh take on personalized financial service in the city’s evolving banking landscape. Located near government offices and businesses, the downtown headquarters positions the bank as a potential hub for relationship-driven banking in North Alabama. At the helm are CEO Hill Womble, President […]
Bank47 will host a ribbon-cutting ceremony on Thursday, May 29, 2025, at 4:00 p.m. to celebrate the opening of its new headquarters in downtown Huntsville. Located at 415-A Church Street, the new space represents the bank’s bold identity and its growing presence across North Alabama, with a focus on building long-term financial partnerships rooted in trust […]
Huntsville-based Merit Bank has reached $100 million in assets, the bank said in a news release. Last July, the bank announced in it had raised nearly $25 million in just a few short months through a private stock offering. Bank President and CEO Hill Womble cited the success to the support and confidence of local […]
Merit Bank will open its doors this month as a newly established financial institution headquartered in the Huntsville market. In less than 60 days, Merit Bank raised $25 million from hundreds of investors with diverse backgrounds from across North Alabama. In that same time, the bank gained approval from all three regulatory agencies – the […]
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