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Small Town Bank
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Summary
location iconWedowee, Alabama
company sizeCompany size: 11-50

Headquartered in Anniston Alabama, Southern States Bank has 15 additional banking facilities in Alabama and Georgia and an SBA office in Atlanta. With a strong executive management team, in addition to a diverse and involved Board in place, they have also engaged Advisory Board representation in each market to help facilitate local decisions and community involvement.

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Commercial Banks
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Small Town Bank - Recent News & Articles

IMF warns US on ballooning fiscal burden

The IMF’s second-in-command has urged the US to shrink its mounting fiscal burden, saying strong growth in the world’s largest economy gave it “ample”...

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Moody’s puts several U.S. regional banks on downgrade review over commercial real-estate concerns

Moody’s Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid conc...

Source: MarketWatch
ECB cuts key interest rates by 25 bps even as outlook on inflation revised up

The European Central Bank cut its policy rates by 25 basis points, as expected, on Thursday, its first cut in almost five years amid signs that price ...

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Bank of Canada Cuts Policy Rate to 4.75%, Signals More Easing Possible

The Bank of Canada cut on Wednesday its main interest rate by a quarter-percentage point, becoming the first Group of Seven central bank to provide ra...

Source: MarketWatch
Europe May Soon Discover the Limits of Decoupling on Rates

Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago. A major question facing many c...

Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks

JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. "There could be hell to pay,...

US Bank Regulators Could Have Averted $9 Billion in Losses

The failures of Silicon Valley Bank and First Republic Bank in 2023 caused plenty of finger-pointing at bank regulators. Many US financial institution...

Federal Reserve minutes indicate worries over lack of progress on inflation

“Participants observed that while inflation had eased over the past year, in recent months there had been a lack of further progress toward the Commit...

Source: CNBC
CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal prot...

Source: CNBC
Private equity firms step up plans to edge banks out of low-risk lending

Private equity firms including Apollo Global, KKR, Blackstone and Brookfield are accelerating efforts to make low-risk loans, encroaching on territory...

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