Commercial Banking

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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Meet the Oakworth Summer Intern Associates

July 31, 2018, by Lindsey Owens Krausen

Alexander Mitchell This summer at Oakworth I was able to truly be a part of the team and see all the different facets and roles of each department. Over the course of the internship I took on various projects and was given real responsibilities. In my first rotation I was able to dive into the three different financial statements paired with Moody’s Analytics software for asset base lending. This project was something that I found...

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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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