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New Local Bank branch coming to Huntsville market
The Huntsville metro has seen several new bank branches and financial services groups open in the last year, and that trend will continue as Local Bank, headquartered in Tuscaloosa, plans to open a branch in Huntsville.
Here’s what we know:
Local Bank branch opening on Whitesburg
The new Huntsville branch for Local Bank will offer a wide range of banking services, including:
- Mortgage lending
- Commercial loans
- Flexible savings options
- Commercial banking options
- Personal banking
The Huntsville branch will open at 2204 Whitesburg Drive SW, Huntsville, AL 35801 later this year. This will be the bank’s third branch, adding to its Red Level and Tuscaloosa branches.
Financial institutions in the Huntsville market
Local Bank is following a trend of financial services companies expanding in the Huntsville market. In the last year we have seen multiple banks and financial firms expand in Huntsville, including:
- Bank Independent (new branches in Madison and South Huntsville)
- Regions Bank (Town Madison branch)
- Chase Bank (two branches in Huntsville)
- Merit Bank (new branch at The Range)
- Pinnacle Financial Partners (new office in Athens)
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