Progress Financial (Alabama) Overview

  • Service
  • Commercial Bank

  • Founded
  • 2008

Founded
  • Financed Companies
  • 15

  • Financings
  • 15

Progress Financial (Alabama) General Information

Description

Progress Bank and Trust is a commercial bank founded in 2008 and based in Huntsville, Alabama. The bank is a full service, local financial institution offering commercial, consumer, wealth management, investment and mortgage services, savings accounts, home equity, construction, credit card, lines of credit, and SBA loans. Additionally, it provides online banking and bill pay, eStatement, mobile banking and wallet services, treasury management and other services. Progress Bank and Trust is a member of FDIC and operates as a subsidiary of Progress Financial Corporation.

Contact Information

Year Founded
2008
Service Provider Type
Commercial Bank
Primary Office
  • 201 Williams Avenue
  • Huntsville, AL 35801-4308
  • United States
+1 (256) 000-0000

Progress Financial (Alabama) Financings

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Inlet Realty Group Aug 2021 00000 0000000
0000000 00000000 May 2020 00000 0000000
000000 00000000000 May 2020 00000 0000000
000000 Apr 2020 00000 0000000
0000 000000 Apr 2020 00000 0000000
000000000000 00000 Apr 2020 00000 0000000
0000000000 0000000 Apr 2020 00000 0000000
00 0000000 Apr 2020 00000 0000000
Atlas Welding Supply Apr 2020 00000 0000000
Dobbs & Adkins, DMD Jan 2018 00000 0000000
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Progress Financial (Alabama) Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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Progress Financial (Alabama) Team (9)

Name Title Related Financings Office Contact
Info
Lee Hoekenschnieder Director, General Banking Executive & Huntsville Market President Huntsville, AL
David Nast President, Chief Executive Officer & Director of the Board 0 Huntsville, AL
Sean Johnson Birmingham Market President Huntsville, AL
Beth Richardson Madison Market President Huntsville, AL
Lane Redding President, South Walton & Bay County Market Huntsville, AL
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Progress Financial (Alabama) Board Members (3)

Name Representing Role Since
Charlie Vaughn Progress Financial (Alabama) Chairman of the Board 000 0000
David Nast Progress Financial (Alabama) President, Chief Executive Officer & Director of the Board 000 0000
Lawrence Weaver JD Progress Financial (Alabama) Vice Chairman of the Board 000 0000
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Progress Financial (Alabama) Subsidiaries (2)

Company Name Industry Location Founded
Lance Hocutt Financial Group Other Financial Services Tuscaloosa, AL 1997
00000000 000000000 Acquirer Huntsville, AL
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