We’re not No. 1, but No. 2 is pretty good. In a recent study, Huntsville ranked No. 2 among the best places for career opportunities in the COVID-19 recession . SmartAsset analyzed 200 of the largest metro areas across seven metrics related to employment, income and access to professional development through higher education or career counseling. […]
New economic impact numbers have been released and according to the Huntsville Madison County Chamber of Commerce Research Director Ken Smith, they provide a snapshot into exactly what kind of impact COVID-19 has had on our local economy, and how that information compares to the national numbers. While there is some bad news in the […]
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 […]
Progress Bank is celebrating its 12th anniversary of serving clients across North and Central Alabama and Destin/Inlet Beach, Fla. The Huntsville-based bank opened in February 2008 with offices in Huntsville and Decatur. Progress Bank has more than $1.2 billion in total assets and Progress Financial Services has approximately $940 million in assets under management. Progress […]
Brooks Brown has been named vice president and commercial banking officer for Southern States Bank’s Huntsville office. He will be responsible for growing and originating deposit and commercial loan relationships, primarily in the Madison County market. With more than 20 years of banking experience in commercial lending and business banking, Brown joins Southern States Bank […]
Huntsville-based Merit Bank has announced a board of directors reflecting its philosophy of focusing on local small businesses. The board for the bank, which opened this summer, is comprised of entrepreneurs and small business owners. Merit Bank is among six percent of the banks which are Huntsville-based. “The directors guiding Merit Bank have been small […]
Huntsville-based Corporate Tax Advisors is offering comprehensive Job Tax Credits and Quality Job Tax Credits for companies with employees in Georgia. Sam Hyon and John Park have been added to the Atlanta CTA team. “Sam and John bring us the experience and credibility needed to navigate the complex rules surrounding these two employment incentives,” CEO […]
First Horizon National and IberiaBank today announced an all-stock merger of the two southern banks. Under the terms of the agreement, which was unanimously approved by the Boards of Directors of both companies, the combined holding company and bank will operate under the First Horizon name and will be headquartered in Memphis. Once the transaction […]
(This is the second and final installment of a two-part story on the area’s growing economy.) Recently, Huntsville Mayor Tommy Battle shared his vision for Huntsville in terms of an average sized pie. He, along with business owners and civic officials, stood at city center – what Battle calls Huntsville’s “living room” – and looked […]
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