Major Banks Headquartered in Alabama:
- Regions Financial Corporation: One of the largest banks in the United States, headquartered in Birmingham. It has a significant presence across Alabama and the Southeast.
- ServisFirst Bank: A commercial bank focused on business clients, headquartered in Birmingham.
- Oakworth Capital Bank: A boutique financial services company based in Birmingham, offering commercial and private banking, and wealth management.
- River Bank & Trust: With numerous offices throughout the state, it’s one of the larger banks headquartered in Alabama.
- First Bank of Alabama: Known as the oldest continuously operating bank in the state (since 1848).
- Bryant Bank: An Alabama community bank with a strong focus on local communities.
- CB&S Bank: Headquartered in Russellville, serving communities across Alabama, Mississippi, and Tennessee.
- Merchants Bank of Alabama: A long-standing bank headquartered in Cullman.
- Alamerica Bank: A community bank based in Birmingham.
- First US Bank: Headquartered in Brent.
- First Financial Bank: Headquartered in Bessemer.
- Peoples Bank of North Alabama: Serving communities in North Alabama.
- Union State Bank: Another Alabama-based bank.
- Pinnacle Bank: With locations in Alabama.
- EvaBank: A community bank in Alabama.
- Covenant Bank: Operating in Alabama.
- Central State Bank of Calera: A local community bank.
Major Banks with a Significant Presence in Alabama (but not headquartered there):
- Truist Financial: Formed from the merger of BB&T and SunTrust, with a large footprint across the Southeast, including Alabama.
- PNC Bank: A national bank with numerous branches in Alabama.
- Wells Fargo: A major national bank with a presence in Alabama.
- Bank of America: Another large national bank operating in Alabama.
- Synovus: Headquartered in Columbus, Georgia, with a strong presence in Alabama.
- Cadence Bank: Headquartered in Tupelo, Mississippi, with branches in Alabama.
- Renasant Bank: Also based in Tupelo, Mississippi, with operations in Alabama.
- Trustmark Bank: Headquartered in Jackson, Mississippi, serving Alabama.
- First Horizon Bank: Headquartered in Memphis, Tennessee, with branches in Alabama.
- Hancock Whitney Bank: A regional bank with branches in Alabama.
- Ameris Bank: A regional bank with a presence in Alabama.
- SouthState Bank: A regional bank with operations in Alabama.
Prominent Credit Unions in Alabama:
Credit unions are member-owned financial cooperatives. Many operate throughout Alabama:
- Redstone Federal Credit Union: One of the largest credit unions in Alabama, primarily serving North Alabama.
- Alabama Credit Union: A significant credit union with branches across Alabama and North Florida.
- MAX Credit Union: Serving Central and East Alabama.
- Avadian Credit Union: One of Alabama’s oldest credit unions, with multiple locations.
- ASE Credit Union: Serving Alabama State Employees and the broader community.
- Legacy Community Credit Union: Serving the Birmingham metro area.
- Guardian Credit Union: Serving members across various counties.
- Kinetic Credit Union: Formerly known as Phenix City Credit Union.
- Singing River Federal Credit Union: Serving the coastal region.
How to Find a Comprehensive List:
For the most up-to-date and complete list of all banks and credit unions operating in Alabama, including smaller community institutions, you can utilize official regulatory resources:
- Alabama State Banking Department: Their website (banking.alabama.gov) often has a “Find an Institution” tool or similar directory. This is the primary regulator for state-chartered banks in Alabama.
- Federal Deposit Insurance Corporation (FDIC) BankFind: The FDIC website (www.fdic.gov/bankfind/) allows you to search for all FDIC-insured institutions by state, city, or name. This will include both state-chartered and nationally chartered banks.
- National Credit Union Administration (NCUA) Credit Union Locator: For credit unions, the NCUA website (www.ncua.gov) has a “Credit Union Locator” tool that allows you to search for federally insured credit unions by state.
