--- title: Forbes Honors Bank Independent as Alabama’s Leading Financial Institution description: Bank Independent, a leading financial institution in North Alabama, has been named the top bank in Alabama by Forbes. 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Common Searches - [Compare Personal Checking](https://bibank-2025.cms.banno-staging.com/personal/compare-checking) - [Contact Us](https://bibank-2025.cms.banno-staging.com/contact) - [Home Loans](https://bibank-2025.cms.banno-staging.com/personal/home-loans) - [Helping Hands Foundation](https://bibank-2025.cms.banno-staging.com/connect/helping-hands-foundation) - [Compare Business Checking](https://bibank-2025.cms.banno-staging.com/business/compare-checking) Routing Number 06​220​5791 ![Forbes Honors Bank Independent as Alabama’s Leading Financial Institution](https://blog.bibank.com/hubfs/Muscle%20Shoals%20Branch.jpg) # Forbes Honors Bank Independent as Alabama’s Leading Financial Institution - Home - [Bank Independent Blog](https://blog.bibank.com/blog) - Forbes Honors Bank Independent as Alabama’s Leading Financial Institution [Ashley Balch](https://blog.bibank.com/blog/author/ashley-balch) 07/23/2024 [Press Releases](https://blog.bibank.com/blog/topic/press-releases) [0 Comments](https://blog.bibank.com/blog/forbes-honors-bank-independent-as-alabamas-leading-financial-institution#postComment) 1 Minutes Bank Independent, a leading financial institution in North Alabama, has been named the [top bank in Alabama by Forbes](https://www.forbes.com/lists/best-in-state-banks/). This prestigious recognition underscores the bank’s commitment to exceptional customer service and community investment. ![Muscle Shoals Branch](https://blog.bibank.com/hs-fs/hubfs/Muscle%20Shoals%20Branch.jpg?width=4458&height=2972&name=Muscle%20Shoals%20Branch.jpg) "Being named the top bank in Alabama by Forbes is a testament to the dedication and hard work of our team members," said Rick Wardlaw, CEO of Bank Independent. “Our focus has always been on building strong relationships with our customers and communities. This recognition inspires us to continue striving to be the bank and employer of choice in the communities that we serve.” For this seventh annual ranking, Forbes partnered with market research firm Statista to survey approximately 26,000 U.S. residents. Participants were asked to name all the banks and credit unions where they currently have—and previously had—a checking or savings account and to identify financial institutions they know through the experiences of friends and family. Respondents shared their level of satisfaction with the bank or credit union, their willingness to recommend it to others, and rated the organization on criteria such as customer service, the quality of financial advice offered by representatives, fee structures, ease of navigating digital services, accessing help at branch locations, and the degree of trust the financial institutions inspired. Survey responses from the last three years were taken into consideration, with recent data and responses from current customers weighted more heavily than the older data and responses from former customers and friends and family. Additionally, Statista collected online text reviews and ratings written between February 2021 and March 2024 for each bank and credit union. This research accounted for 20% of the scoring, while the surveys accounted for 80%. The financial institutions with the highest scores landed on the [Forbes](https://www.forbes.com/lists/best-in-state-banks/)list. All told, 185 banks and 207 credit unions were ranked in one or more states. **About Bank Independent** **Since 1947, Bank Independent has taken pride in serving the customers who count on us to be there for them when they need us most. With 33 traditional Sales Offices across North Alabama, an on-campus Deshler Tiger Branch, and the Digital Sales Office, we’re committed to providing the best service, designing the most desired products, and creating an overall excellent experience for each and every customer. As a local community bank, we believe in building relationships that run deep and last. All our team members reside in our local communities and believe in giving back through volunteering. To become part of a bank that makes a positive difference in people’s lives, visit us at [bibank.com](https://bibank.com).**     --- #### Tag: [Press Releases](https://blog.bibank.com/blog/topic/press-releases) #### Share: - [Follow us on Facebook](http://www.facebook.com/share.php?u=https://blog.bibank.com/blog/forbes-honors-bank-independent-as-alabamas-leading-financial-institution) - [Follow us on Twitter](https://twitter.com/intent/tweet?url=https://blog.bibank.com/blog/forbes-honors-bank-independent-as-alabamas-leading-financial-institution&text=Forbes%20Honors%20Bank%20Independent%20as%20Alabama’s%20Leading%20Financial%20Institution) - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.bibank.com/blog/forbes-honors-bank-independent-as-alabamas-leading-financial-institution) - [Follow us on Pinterest](http://pinterest.com/pin/create/button/?url=https://blog.bibank.com/blog/forbes-honors-bank-independent-as-alabamas-leading-financial-institution&text=Forbes%20Honors%20Bank%20Independent%20as%20Alabama’s%20Leading%20Financial%20Institutiondescription=Bank%20Independent,%20a%20leading%20financial%20institution%20in%20North%20Alabama,%20has%20been%20named%20the%20top%20bank%20in%20Alabama%20by%20Forbes.%20This%20prestigious%20recognition%20underscores[...]&media=https://377014.fs1.hubspotusercontent-na1.net/hubfs/377014/Muscle%20Shoals%20Branch.jpg) --- #### [Experience the Difference with Private Banking at Bank Independent Previous Post](https://blog.bibank.com/blog/experience-the-difference-with-private-banking-at-bank-independent) #### [School Share 2024 Drive Supports Local Children Next Post](https://blog.bibank.com/blog/school-share-2024-drive-supports-local-children) ### Leave a Reply This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. ### Category - [Press Releases (151)](https://blog.bibank.com/blog/topic/press-releases) - [Financial Fitness (125)](https://blog.bibank.com/blog/topic/financial-fitness) - [Banking and Technology (101)](https://blog.bibank.com/blog/topic/banking-and-technology) - [Community Insights (59)](https://blog.bibank.com/blog/topic/community-insights) - [Culture (5)](https://blog.bibank.com/blog/topic/culture) ### Popular Posts [Bailey Lovell](https://blog.bibank.com/blog/author/bailey-lovell) 08/09/2017 [Banking and Technology](https://blog.bibank.com/blog/topic/banking-and-technology) [A Former Bank Teller Reveals Answer To Your Number 1 Question](https://blog.bibank.com/blog/a-former-teller-answers-your-most-asked-question) [Ashley Balch](https://blog.bibank.com/blog/author/ashley-balch) 06/11/2026 [Press Releases](https://blog.bibank.com/blog/topic/press-releases) [Bank Independent Promotes New Assistant Vice Presidents, Celebrating a Culture of Hard Work and Strong Leadership](https://blog.bibank.com/blog/bank-independent-promotes-new-assistant-vice-presidents-celebrating-a-culture-of-hard-work-and-strong-leadership) [Ashley Balch](https://blog.bibank.com/blog/author/ashley-balch) 09/13/2022 [Banking and Technology](https://blog.bibank.com/blog/topic/banking-and-technology) [The Complete Guide of How to Use a Contactless Debit Card](https://blog.bibank.com/blog/the-complete-guide-of-how-to-use-a-contactless-debit-card) [Ashley Balch](https://blog.bibank.com/blog/author/ashley-balch) 10/10/2023 [Banking and Technology](https://blog.bibank.com/blog/topic/banking-and-technology) [What is a Contactless Debit Card and Why Do I Need One?](https://blog.bibank.com/blog/what-is-a-contactless-debit-card) --- ## Related Posts [Press Releases](https://blog.bibank.com/blog/topic/press-releases) [Ashley Balch](https://blog.bibank.com/blog/author/ashley-balch) 18 June, 2026 #### [American Legion Post 11 Expands Capacity to Honor Local Veterans](https://blog.bibank.com/blog/american-legion-post-11-expands-capacity-to-honor-local-veterans) Bank Independent was honored to donate $2,000 to the American Legion Post #11 to help support their... [Read More](https://blog.bibank.com/blog/american-legion-post-11-expands-capacity-to-honor-local-veterans) [Press Releases](https://blog.bibank.com/blog/topic/press-releases) [Ashley Balch](https://blog.bibank.com/blog/author/ashley-balch) 11 June, 2026 #### [Bank Independent Promotes New Assistant Vice Presidents, Celebrating a Culture of Hard Work and Strong Leadership](https://blog.bibank.com/blog/bank-independent-promotes-new-assistant-vice-presidents-celebrating-a-culture-of-hard-work-and-strong-leadership) Bank Independent is pleased to announce and recognize seven team members who have been promoted to... 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