About
Bank Independent is a community bank based in Alabama, USA. It was founded in 1947 and offers a range of financial services, including personal and business banking, mortgages, and wealth management.
Bank Independent has over 20 branches throughout northern Alabama and has been recognized as one of the best banks to work for in the state.
The bank prides itself on its commitment to exceptional customer service and community involvement, and has a strong reputation for providing reliable financial solutions to its customers. With its long history and dedication to serving the community, Bank Independent is a trusted and reliable financial institution in the region.
Key Features
Here are some key features of Bank Independent:
- Personal and Business Banking. The financial institution offers a range of personal and business banking services, including checking and savings accounts, loans, credit cards, and online banking.
- Wealth Management. Customers are offered wealth management services, including investment management, trust and estate planning, and retirement planning, to help achieve their financial goals.
- Community Involvement. The bank is committed to supporting local communities and organizations through various initiatives, including charitable donations and volunteer efforts.
- Technology. Bank Independent invests in technology to enhance customer experience and offers a range of online and mobile banking services, including mobile deposit and bill pay, to make banking easier and more convenient for customers.
- Customer Service. The bank is known for its exceptional customer service and has been recognized for its commitment to customer satisfaction. Bank Independent strives to provide personalized service to each customer, and its staff is knowledgeable and helpful in assisting customers with their financial needs.
Requirements
To become a customer of Bank Independent, the following requirements may apply:
- Eligibility. You must be eligible to open an account based on the bank's eligibility criteria. Typically, this includes being a US citizen or permanent resident, having a valid Social Security number, and meeting the bank's minimum age requirements.
- Identification. You will need to provide a valid government-issued photo ID, such as a driver's license or passport, to open an account.
- Minimum Deposit. Some accounts may require a minimum deposit to open. The amount may vary depending on the type of account you are opening.
- Personal Information. You will need to provide personal information such as your name, address, phone number, and email address.
- Business Information (if applicable). If you are opening a business account, you will need to provide information about your business, such as the legal name, business type, and tax ID number.
- Other Requirements. Some accounts may have additional requirements, such as maintaining a minimum balance or meeting certain transaction requirements. These requirements may vary depending on the type of account you are opening.
Access on the Go
Bank Independent offers a range of convenient mobile banking services that allow customers to access their accounts on the go. Here are some of the features:
- Mobile Banking App. It is available for both iOS and Android devices and provides customers with secure access to their accounts. The app allows customers to view account balances, transfer funds, pay bills, deposit checks, and more.
- Mobile Deposit. With Bank Independent's mobile deposit feature, customers can deposit checks into their accounts using their smartphone camera. This allows customers to make deposits without having to visit a branch or ATM.
- Text Banking. Customers can use Bank Independent's text banking service to check account balances, view recent transactions, and receive alerts via text message.
- Mobile Wallet. The bank supports mobile wallet options like Apple Pay and Google Pay, allowing customers to make payments using their smartphones.
- Online Banking. Bank Independent's online banking platform is also optimized for mobile devices, allowing customers to access their accounts and perform various banking transactions through their mobile web browser.
These mobile banking services make it easy for customers to manage their finances on the go, from anywhere at any time, making banking more convenient and accessible for Bank Independent customers.
Products and Services
Bank Independent offers a range of products and services to meet the financial needs of its customers. Here are some of the offerings:
- Personal Banking. It includes checking accounts, savings accounts, debit cards, and online banking. The bank also offers loans for personal purposes, including auto loans, personal loans, and home equity loans.
- Business Banking. Customers are provided with a range of business banking services, including checking accounts, savings accounts, credit cards, and business loans. The bank also offers merchant services, cash management, and other financial solutions to help businesses grow and succeed.
- Mortgages. Various mortgage options include conventional, FHA, VA, and USDA loans. The bank also offers refinancing options to help customers save money on their mortgage payments.
- Wealth Management. These services are designed to help customers grow and manage their wealth. They include investment management, trust and estate planning, retirement planning, and more.
- Insurance. Bank Independent offers insurance solutions such as home, auto, and life insurance to help customers protect their assets and loved ones.
- Other Services. The bank provides other financial services such as safe deposit boxes, notary services, wire transfers, and more.
With a broad range of financial products and services, Bank Independent aims to provide comprehensive solutions to its customers' financial needs. The bank's offerings are designed to help customers achieve their financial goals and secure their financial future.
Which associations does Bank Independent belong to?
Bank Independent is a member of several industry associations that promote sound banking practices and support the interests of community banks. Here are some of the associations that it belongs to:
- Independent Community Bankers of America (ICBA). This is a national trade association that represents community banks across the United States. Bank Independent is a member of the ICBA and participates in its programs and initiatives aimed at promoting the interests of community banks.
- Alabama Bankers Association (ABA). The ABA is a state trade association that represents banks and financial institutions in Alabama. Bank Independent is a member of the ABA and is actively involved in its programs and events.
- Federal Home Loan Bank of Atlanta (FHLBank Atlanta). FHLBank Atlanta is a regional wholesale bank that provides funding and other services to its member institutions. Bank Independent is a member of FHLBank Atlanta and uses its services to support its lending activities.
- Community Foundation of Greater Huntsville. Bank Independent is a member of the Community Foundation of Greater Huntsville, which supports local nonprofit organizations and promotes community philanthropy in the Huntsville area.
By being a member of these associations, Bank Independent demonstrates its commitment to the banking industry and its role in supporting local communities. The bank actively participates in these organizations' programs and initiatives to stay informed about industry trends and best practices and to promote sound banking practices.
