Wednesday, October 21, 2015

Updated: Another New Bank Coming To Town?

Fairhope, Alabama

Update: The Times has learned an entirely-new, free-standing bank building may be constructed in the parking lot area facing Greeno Rd. instead.

new bank here?

The Tuscaloosa-based Capstone Bank(clk) has applied to the FDIC for permission to locate a branch office in the vacant, old Goodwill store in the Ecor Rouge shopping center on Greeno Rd. (next to the former Food World).

This would be their first branch outside of Tuscaloosa, Washington, or Clarke  Counties, according to available web data.

Performance of branch offices in meeting local credit needs are factors considered by the FDIC, according to the legal notice.


Anonymous said...

As long as they stay out of downtown, where their big premises on the best spots in town are not helping at all to make Fairhope more attractive.

Anonymous said...

why is it that small towns always have way too many banks? I guess there is a lot of debt to support them