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Team Financial Services Forum

07.07.25

National Data

Employees, 2024

712,269

New Small Business Loans, 2023

$47.77B

Home Mortgage Originations, 2023

$149.31B

Total Deposits, 2023

$7.21B

Birmingham

JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including the Birmingham Business Resource Center, will participate in the effort. Read More

In 2023, The Wells Fargo Foundation and Enterprise Community Partners awarded $3 million to BuildUp, a Birmingham-based community school that offers paid internships and industry-aligned coursework to low-income high school students. The three-year grant helps BuildUp expand to new sites in Alabama and expand its house donation/relocation program. Read More

Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank will open its first financial center in Birmingham in 2024, with plans to open five by the end of 2026. Read More

JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including Bronze Valley, will participate in the effort. Read More

Huntsville

JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Huntsville-based lender, Neighborhood Concepts, will participate in the effort. Read More

Mobile

JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Mobile-based lender, Commonwealth National Bank, will participate in the effort. Read More