Why Choose a Local Birmingham Bank?
Do you bank with a local financial institution in Birmingham? If not, you’re missing out on the benefits of saving and borrowing from a local bank. Learn more about the local Birmingham banks in existence and find out if there’s one that’s perfect for you.
Benefits of Banking Local
There are numerous advantages to banking with a local bank in Birmingham:
- Convenience: There many banks in the Birmingham area, and banking with an institution that’s just down the street doesn’t get any easier.
- Interest Rates: Smaller banks are known to have better interest rates because they’re community-oriented and focused on improving the neighborhoods they serve.
- Service: Much for the same reason local banks have the best rates, they also offer superior customer service and treat customers as individuals.
Banks in Birmingham
Here are a few popular banks in Birmingham to help familiarize you with what’s available.
Alamerica Bank: This bank was founded in 2000 by a group of local businesspeople who recognized a need for a community bank in Birmingham that could satisfy the financial needs of businesses and professional customers. Alamerica Bank is considered to be a well-capitalized bank as it’s assets were over $71 million by the end of 2005.
ServisFirst Bank: For ServisFirst, their top focus is all in the name. Founded in 2005, this bank makes the customer the priority. ServisFirst is a full-service bank with an emphasis on commercial banking, cash management, private banking and the professional consumer market.
Regions Bank: Regions is one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. It serves customers in 16 states and has assets of over $132 billion. Regions Bank is also a member of the S&P 500 Index.
These are just a few of the banks you can find in Birmingham, Alabama. Keep learning about the banks near you to find the right match–and for a comprehensive list of the financial institutions in the area, visit the Birmingham Banks List.
