Oakworth Capital Bank
Jump to navigation
Jump to search
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 2000-2100 SouthBridge Parkway building in Birmingham's SouthBridge office park, 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.
Oakworth Capital Bank went public in 2022 and trades on the OTCQX Best Market as "OAKC".
References
- Goodman, Sherri C. (September 9, 2007) "New bank in works, execs say." The Birmingham News
- Hubbard, Russell (January 10, 2008) "Boutique bank set to begin operation." The Birmingham News
- Hubbrard, Russell (April 1, 2008) "State adds to stable of homegrown banks." The Birmingham News
- Thornton, William (November 10, 2022) "Birmingham’s Oakworth Capital expanding into new markets at ‘inflection point’." AL.com
- O'Leary, A. J. (November 30, 2022) "Oakworth stock now trading publicly with OTCQX." Birmingham Business Journal
External links
- Oakworth Capital Bank website