Merit Bank Celebrates Opening of New Downtown Headquarters with Ribbon Cutting and Open House
August 27, 2019
Merit Bank Celebrates Opening of New Downtown Headquarters with Ribbon Cutting and Open HouseHUNTSVILLE, AL – On Thursday, over 200 small business owners, executives, investors, clients and employees gathered to celebrate the grand opening of Merit Bank in downtown Huntsville.
Merit Bank made waves last month when it announced its successful $25M private capital campaign and approval from all three regulatory agencies within 60 days. It is one of only 6% of banks to be headquartered in Huntsville and one of a few banks categorized as “de novo”, or newly chartered, approved in Alabama in several years. This is great news for the industry, as well as the state and local economies.
“It is exciting to see our vision become a reality,” says CEO Hill Womble. “Huntsville is home and we couldn’t think of a better place to launch. With the continual growth and economic development taking place in North Alabama, it is beneficial for our community to have a financial partner like Merit Bank who is vested in the success of local businesses.”
In addition to Womble, Merit Bank is led by COO Frank Aldag, CFO Jeffrey Brown, and Executive Vice Presidents Mark McIntyre and Will Heaps. The bank specializes in commercial lending and private executive banking, expansions, capital improvements, and agricultural lending, among other opportunities.
“So much effort has gone into the launch of Merit Bank so that we can be here celebrating today, but this is just the beginning,” says Aldag. “Our team is already hard at work supporting local businesses, professionals, farmers, and more. We look forward to sharing our unique brand of customer service and entrepreneurial spirit to businesses and executives across the Tennessee Valley.”
Visit MeritBank.com or stop by the new headquarters at 659 Gallatin Street during office hours to see the new space and learn more about how Merit Bank’s financial services are supporting local businesses and executives.