Commercial Banking

Oakworth Capital Bank Announces Entrance into Middle Tennessee Market with Greer Redden as Market Leader

August 12, 2020, by Lindsey Owens Krausen

Oakworth Capital Bank is entering the Middle Tennessee Market with its new office in the Nashville area. Oakworth, which was named “Best Bank to Work For” in both 2018 and 2019 by American Banker, delivers a distinctive approach to the market by focusing on privately-held businesses, professionals, and families. With its core purpose of “Helping People Succeed”, Oakworth associates assist clients with generational decisions by delivering its three core disciplines of commercial & private banking,...

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Resources for Business Owners Impacted by COVID-19

March 31, 2020, by Mac Frasier

Resources for Business Owners impacted by COVID-19 To say that the past few weeks have been unprecedented would be the biggest understatement of this very young decade.   While everyone is likely to feel some impact from the economic slowdown associated with this pandemic, business owners are expected to feel an even larger impact.   It seems like every day we are hearing of a new program being established in order to provide help and resources for...

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Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses

March 25, 2020, by Sara McPherson

  Source: The US Department of Labor, March 24, 2020 WASHINGTON, DC – Yesterday the U.S. Treasury Department, Internal Revenue Service and the U.S. Department of Labor announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under the...

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Fraud Action Plan

July 24, 2019, by Lindsey Owens Krausen

Over the last decade, payments fraud has become a concern for nearly every organization. As technology and eCommerce evolve, the threat of fraud evolves with it. Our number one priority is the security of our clients, their families, and their commercial interests. Your client team at Oakworth Capital Bank is committed to providing the resources you need to prevent illegal transactions before they happen. The steps outlined below are designed to guide you through the...

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Retaining Workers in a Growing Economy

March 7, 2019, by Lindsey Owens Krausen

Record low unemployment rates and a rapidly growing economy are placing a premium on skilled workers. Many employers are struggling to fill jobs and worry that some of their current workforce could jump ship to seek out better opportunities elsewhere. Employers may have a reason for their concern. The number of positions waiting to be filled increased by 117,000 in July 2018 to 6.94 million, according to the Job Openings and Labor Turnover Survey from...

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Rethinking Retirement

January 23, 2019, by Lindsey Owens Krausen

Retirement: Sounds great, right?  Traveling, taking those cooking classes you’ve always wanted to take, or even just the thought of relaxing sounds fantastic.  On the flip side, what will you do with all the extra time? Additionally, you could be missing out on valuable employee benefits and opportunities to continue expanding your financial horizons.  Although there are many perks to retirement, there are also many perks to postponing your retirement as well.  More and more...

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Getting the Financing Your Business Needs

July 30, 2018, by John Norris

Borrowing money can be intimidating for business owners, particularly small business owners. The last thing any entrepreneurs want to be is beholden to the bank. That is a fate worse than debt, but sometimes it is an economic necessity. What can you do to minimize the bank’s hold over your business? The best advice I can give starts by being prepared during the loan process. By that, I mean having all of the proverbial ducks...

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Corporate Cards – Which one is the best option?

July 10, 2018, by Lindsey Owens Krausen

Trent Green is our special guest today giving us insight on the differences between corporate cards.  Trent is Oakworth’s Managing Director, Treasury Management. Although the world of corporate payments is always evolving, bank and non-bank issued cards are still a main form of accessing capital for many companies.  Cards offer users the ability to access credit or cash with relative ease, allow for easy tracking of transaction items and offer certain security elements not found...

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