Oakworth Capital Bank

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Oakworth Capital Bank is a boutique bank formed in September 2007 by former Regions Bank and First Commercial Bank executives and chartered on March 28, 2008. The bank, which is headquartered in the Southbridge Office Park in Homewood, raised about $35 million in start-up capital. Its chairman is Sam Upchurch. The senior managing director is Scott Reed. John Norris is director of wealth management.

The bank focusses its efforts on wealthy clients who do most of their banking online. Business customers are provided with check scanners which allow for fast, automated deposits.

References

  • Goodman, Sherri C. (September 9, 2007) "New bank in works, execs say." Birmingham News
  • Hubbard, Russell (January 10, 2008) "Boutique bank set to begin operation." Birmingham News
  • Hubbrard, Russell (April 1, 2008) "State adds to stable of homegrown banks." Birmingham News

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