Bank Independent was proud to recognize two students from Athens State University as recipients of 2023 the Edward Fennel Mauldin Endowed Scholarship. The pair were honored at a reception from Bank Independent and Athens State representatives.
Credit cards can be a useful tool when it comes to managing finances and building credit. However, it’s important to use them responsibly in order to avoid getting into harmful debt and damaging your credit score. In this blog, we’ll discuss the importance of credit card responsibility and provide some tips on how to use your credit cards wisely.
Sheffield, Ala. Thursday, November 16, 2023 – Bank Independent held a ceremony on Wednesday, November 15th celebrating the groundbreaking of a new operations center in Muscle Shoals. The state-of-the-art facility represents a major investment in the bank's infrastructure and long-term growth strategy. With advanced technology and expanded capacity, the operations center will allow Bank Independent to better serve its growing customer base across North Alabama.
BOULDER, Colo. – Lori Hall, VP Comptroller of Bank Independent, has completed the Graduate School of Banking at Colorado’s exclusive C-suite school, the Executive Development Institute for Community Bankers® (EDI). Hall was among eight graduates of the class honored during a ceremony on October 18, 2023, in Westminster, Colo.
The Federal Deposit Insurance Corporation (FDIC) was established in 1933 in response to the Great Depression. Its purpose was to restore public confidence in the banking system by insuring deposits up to a certain amount.
FLORENCE, AL – The University of North Alabama and Bank Independent partnership that paved the way for the Bank Independent Stadium will also make scholarship opportunities available for Bank Independent team members and team member families.
Sheffield, Ala. – Wednesday, November 1, 2023 – Bank Independent will kick off its 13th annual Toy Share drive on Monday, November 6th for area children. Between November 6 and December 8, the Bank will accept donations of new, unwrapped toys at all Bank Independent locations. You can also donate monetarily through PayPal or shop on Amazon with our “Wishlist.” All items will be distributed to local children in need through partner organizations across North Alabama.
Seven University of North Alabama students were recognized by representatives from Bank Independent and UNA as the 2023 recipients of the Edward Fennel Mauldin Endowed Scholarship.
Every day, thousands of people fall victim to fraudulent emails, texts, and calls from scammers pretending to be their bank. And in this time of expanded online and mobile banking use, the problem is only worsening. The Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $8.8 billion to phishing scams and other fraud in 2022—an increase of more than 65% over 2021.
Debit cards are a type of payment card that allows you to access the funds in your bank account. When you use a debit card, the funds are taken directly from your account, making it a convenient way to make purchases without carrying cash. Debit cards are accepted at most stores and can also be used to withdraw money from ATMs.
