Security Advisory: Equifax Breach

September 13, 2017, by Dave Driscoll

In the wake of the widely reported Equifax breach last week, where some 143 Million Americans had their names, Social Security numbers, birth dates, addresses and potential driver’s license numbers stolen, here are some basics about securing your credit file. This is not the first time the credit reporting agencies (Experian, Equifax, and TransUnion) have been hacked, but it is, by far the largest. The information gained is a treasure trove for identity thieves. So,...

Oakworth Capital Bank Named Best Bank to Work For

September 5, 2017, by Lindsey Owens

Oakworth Capital Bank has been named to American Banker magazine’s 2017 Best Banks to Work For, as the #18 “Best Bank” nationally, and #1 in Alabama. The initiative, 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. Determining the Best Banks to Work For involves evaluating each participating bank's workplace policies, practices, benefits, and demographics as well...

Upcoming Industry Changes – Same Day ACH

September 23, 2016, by Lindsey Owens

Upcoming Industry Changes - Same Day ACH On Friday, September 23rd, 2016, ACH payments in the U.S. will undergo a significant change with the introduction of Same Day ACH (Phase I). The goal of Same Day ACH is to allow the U.S. payments system to accelerate certain types of ACH payments. The process of implementing Same Day ACH will occur in three phases over the next three years. What is Same Day ACH? Same Day...

Introducing Business Bill Pay

September 13, 2016, by John Norris

Oakworth Capital now offers Business Bill Pay! We are pleased to introduce Business Bill Pay to our Oakworth Online Suite of Services. This multi-tiered service is designed to streamline the Accounts Payable payment and management process for commercial and business clients through a single sign-on application within Oakworth Online. Issue payments directly from an account via check Singular or Dual Control options Direct integration with certain accounting systems, including Quickbooks Import, create, manage and pay...

Bank expands, opens new headquarters

December 17, 2015, by Shelley deClerk

The furniture was just delivered to the new Oakworth Capital Bank headquarters in Montgomery and two new hires were still getting set up there, but Barry Prim was already looking down the road. “We’re building for the future,” he said, pointing to a room filled with empty work spaces. Birmingham-based Oakworth bought Montgomery financial management company AlaTrust earlier this year...

Oakworth Capital Bank receives perfect Texas ratio score

November 25, 2015, by John Norris

Birmingham banks were among some of the region's healthiest and the state of Alabama's unhealthiest, according to recently-released Texas ratio scores for the third quarter of 2015. While Birmingham's Oakworth Capital Bank was the city's only bank with a perfect Texas ratio score of 0.0, the Magic City's Alamerica Bank was given the worst rating in the state, with a lofty 120 score...

Upcoming Changes to Credit and Debit Cards – EMV

September 25, 2015, by John Norris

On October 1, 2015, credit and debit card payments in the U.S. will undergo a significant change with the introduction of EMV guidelines for cards and processing terminals. The goal of EMV technology is to reduce the fraud risk associated with in person or “card present” transactions. Oakworth Capital would like to communicate some frequently asked questions regarding EMV and how it will affect your credit and debit card transactions. What is EMV? EMV stands...

Oakworth Announces New Team In Mobile, Alabama

September 21, 2015, by John Norris

Oakworth Capital Bank is pleased to announce that the following team of professionals has joined our company to serve the South Alabama market: Mr. John Hensley - Managing Director Mr. Bud Doyle - Senior Client Advisor Mr. Tom Roberts - Senior Client Advisor Ms. Katie Smith - Assoc. Managing Dir. Mr. Wade Gordon - Client Advisor Ms. Michele Stewart - Client Support Ms. DeEdra Pugh - Client Support While this team will initially implement...

Oakworth Capital Bank to merge with Montgomery based AlaTrust Inc.

June 3, 2015, by John Norris

Oakworth Capital Inc., the parent company of Birmingham's Oakworth Capital Bank, has signed an agreement to acquire Montgomery's AlaTrust Inc. AlaTrust, an independent, state-chartered trust company that provides a range of wealth management services, will become part of Oakworth Capital Bank and operate under its existing management team. Financial terms of the deal were not disclosed. The deal is expected to close in the third quarter. The deal must be approved by AlaTrust shareholders and...

Oakworth Capital Bank named 3rd healthiest bank in the U.S.

May 28, 2015, by John Norris

DepositAccounts.com, one of the largest online consumer banking publications in the country, recently released its annual list of the Top 200 Healthiest Banks in America. Birmingham’s Oakworth Capital Bank ranked 3rd out of the 6,998 federally insured banks evaluated by the publication.

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