Press Releases

Oakworth Capital Bank Adds Two to Board of Directors

October 1, 2019, by Sara McPherson

Birmingham, AL (October 1, 2019) – Oakworth Capital, Inc. is pleased to announce that Ms. Rebekah Elgin-Council and Dr. Sanjay Singh have joined its board of directors as of September 25, 2019. Rebekah Elgin-Council is the current Senior Vice President and Chief Marketing Officer for Blue Cross and Blue Shield of Alabama, where she has been employed since 1994. She earned a Bachelor of Arts degree from the University of Alabama and a Masters of...

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For Second Year in a Row, Oakworth Capital Bank Named #1 Best Bank to Work for in the Nation by American Banker

September 3, 2019, by Lindsey Owens Krausen

For the second year in a row, Oakworth Capital Bank has been named the number one best bank to work for in the United States.  The Best Banks to Work For program, initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding associate satisfaction. Full results of this year’s program are available at American Banker and in the September issue of American Banker Magazine. “Our associates are...

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For the Third Time, Oakworth Capital Bank Appears on the Inc. 5000, Ranking No. 3921 With Three-Year Revenue Growth of 84 Percent

August 14, 2019, by Lindsey Owens Krausen

Inc. magazine today revealed that Birmingham-based Oakworth Capital Bank is No. 3921 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy. “We are thrilled to be included on the Inc. 5000 list again this year,” said Scott Reed, president and chief executive officer of Oakworth Capital Bank. “Our continued inclusion on this list...

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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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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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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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Oakworth Capital Bank Ranked Among America’s Fastest-Growing Private Companies for 2nd Year

August 15, 2018, by Lindsey Owens Krausen

Inc. Magazine Unveils Its 37th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 For the 2nd Time, Oakworth Capital Bank Appears on the Inc. 5000 list, jumping over 500 spots to Rank No. 3798 Inc. magazine today ranked Oakworth Capital Bank No. 3798 on its 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most...

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Oakworth Capital Bank Named Among Top 200 Healthiest Banks in America

April 23, 2018, by Lindsey Owens Krausen

Oakworth Capital Bank has been named to the 2018 DepositAccounts Top200 list of Healthiest Banks in America. Oakworth ranked 28th nationally and 1st in Alabama. This marks the 4th consecutive year in a row that Oakworth has been in the Top 200 and has achieved an “A+” in the annual health rating for 15 consecutive quarters, ranking it as one of the healthiest FDIC insured banks in the United States.   “We are proud to...

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Oakworth Capital Bank Celebrates 10 Years of Growth with Move to Shades Creek

April 6, 2018, by Lindsey Owens Krausen

Oakworth Capital Bank recently moved its headquarters to 850 Shades Creek Parkway.  The move marks 10 years of successful operations.  To celebrate, Oakworth held a ribbon cutting ceremony at the new building in conjunction with an open-house for clients and guests to tour the building.  Oakworth was founded on March 30, 2008 by financial industry veterans who believed in redefining financial services. [caption id="attachment_3317" align="aligncenter" width="800"] Oakworth Capital Bank Ribbon Cutting Ceremony[/caption]   “Ten years...

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The Oakworth Commitment

March 23, 2018, by Lindsey Owens Krausen

Oakworth began operation at the beginning of the Great Recession as interest rates were falling. During that period of falling rates, we were mindful that our clients count on us to pay competitive interest rates on their deposits.  We lowered deposit rates at the slowest possible pace while maintaining a prudent approach to managing our business. As I am sure you are aware, interest rates are rising as a result of the Federal Reserve raising...

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