About Oakworth

Oakworth Capital Bank Announces 5 Additions to Advisory Board

April 24, 2019, by Lindsey Owens Krausen

Oakworth Capital Bank is proud to introduce it has 5 newly selected Central Alabama Advisory Board members.  The Oakworth Advisory Board is comprised of successful leaders of the Birmingham community who embody Oakworth’s Core Purpose of Helping People Succeed while demonstrating leadership through our Core Values (Golden Rule; Character; Professionalism; Innovative & Creative Spirit; and Work Ethic). The individuals below exude these values and demonstrate character and leadership in the Birmingham Community. The 5 new...

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1st Quarter Economic Update for 2019

April 11, 2019, by John Norris

In last quarter’s newsletter, I closed this section with the following: “although the markets will likely be more volatile than most of us would like in 2019, the worst of the market panic is likely behind us for now." I only got that partially correct. Yes, the worst of the market panic ended up being behind us during the 1st Quarter of 2019. However, there hasn’t been a lot of volatility thus far this calendar...

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Market Updates via Text Messaging

, by Lindsey Owens Krausen

Receive Real-Time Market Updates on your Mobile Device Oakworth now has the ability to text!  We believe communication is very important and with all the volatility in the market in recent quarters, we want to give all our clients the option to receive information in real time. If you are interested in receiving exclusive market updates from John Norris, you can subscribe to our messaging list by texting INVESTOCB to 55222 or by reaching out...

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SecurLOCK Equip™ Debit Card Controls

March 11, 2019, by Lindsey Owens Krausen

SecurLOCK Equip Debit Card Controls SecurLOCK Equip is an easy-to-use mobile app that puts the power to protect your debit cards in your hands.  Simply use the app to turn your card on or off in real time as needed. Or customize your card by setting permissions. SecurLOCK Equip features: Set up transaction alerts Control where your card can be used Turn your card off and on Set Merchant locations View recent transactions Here's how it works. Left...

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Travel Tips

, by Lindsey Owens Krausen

Trent Green is our special guest giving our clients some great tips for spring and summer travel.  Trent is Oakworth's Managing Director, Treasury Management. Travel Tips Ah, Spring time…..warmer temps, pollen in the air and the beginning of travel season. Every year, March and April kick off an extended travel season for many of our clients. Whether that travel sends you to the beach, the lake, the mountains, the islands or overseas, the one constant...

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Oakworth helps Auburn Student Investment Fund make 11.6 percent gain in 18 months

March 6, 2019, by Lindsey Owens Krausen

Original story credit:  http://harbert.auburn.edu/news/ASIF-2019.php Since its inception in 2017, the Auburn Student Investment Fund (ASIF) made an 11.6 percent portfolio gain, seeing an initial $250,000 investment grow to $307,000 by virtue of buying and selling stocks, bonds, fixed-income investments, and contributions. The 26-member team of Harbert College finance students didn’t play the stock market with imaginary dollars or Monopoly money. It was the real thing. The Auburn Student Investment Fund portfolio consists of equities, ETFs and fixed-income...

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Oakworth Capital Inc. Announces 29% Increase in 2018 Earnings

January 31, 2019, by Lindsey Owens Krausen

Oakworth Capital Inc. (“Oakworth”) reported record financial results in 2018 with net income of $7.0 million, a 29% increase over its 2017 net income of $5.4 million.  Financial highlights include the following: Assets of $613 million at December 31, 2018, 17% higher than December 31, 2017’s $526 million Loans of $474 million at year-end 2018, 9% higher than year-end 2017’s $435 million Deposits of $533 million, 17% higher than year-end 2017’s $457 million Wealth assets...

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4th Quarter Economic Update

January 23, 2019, by Lindsey Owens Krausen

Investors overreacted during the 4th Quarter, but for understandable reasons. There has been a lot of ‘uncertainty’ in the markets, and no one likes uncertainty. Unfortunately, all these worries seemed to hit at a time when standard negative seasonal factors were at play. As a result, the markets were still wringing their collective hands after the somewhat usual bad October. In simple terms, the buyers just didn’t show up in November and December like they...

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American Banker names Oakworth Capital Bank the Best Bank to Work For in the Nation

August 28, 2018, by Lindsey Owens Krausen

Oakworth Capital Bank has been named to American Banker’s 2018 Best Banks to Work For, ranking first nationally. The ranking, which began in 2013, is a project of American Banker and Best Companies Group to recognize and honor the best banks to work for in the nation.  This is Oakworth’s second consecutive year to make the list. “We are honored to be recognized by the American Banker in this prestigious ranking”, said CEO Scott Reed. ...

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5 Ways to Make Your Debit Card Work for You

August 23, 2018, by Lindsey Owens Krausen

5 Ways to Get the Most from Your Oakworth Debit Card 1.  Did you know your Debit Card has Rewards? Scorecard Rewards is an easy-to-use reward program. Register your debit card to start earning points by using the card as credit during the transaction.  Reward points can be redeemed for thousands of items and services. Learn more and register your card here:  https://www.oakworthcapital.com/debit-card-rewards 2.  Mobile Wallet Capability Add your debit card to your Mobile Wallet on...

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