Remove Alabama Remove Community Bank Remove National Remove Taxes
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Small bank's asset sale is opportunity zone's gain

American Banker

To avoid taxes on the divestiture of a commercial lending unit, Woodforest National Bank backed an Alabama redevelopment project through a government program that promotes investment in underserved communities.

Alabama 62
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Dynamic Duo

Independent Banker

Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. This year he is taking the chairman’s seat on the Senate Banking Committee. Richard Shelby (R-Ala.)