Oakworth adds local industrial, financial services leaders to board
The bank has expanded its customer base, product offerings, and geographical reach.
Oakworth Capital Bank OAKC - Central Alabama Market Board has named two leaders from a local manufacturing firm and a local financial service company to its board.
Tate Forrester and Craig Hey have been appointed to the board. Craig Hey is vice-chair of the Sunbelt Multifamily Advisory Group of Cushman & Wakefield Birmingham.
Bill Pitts is the managing director of Oakworth Central Alabama and a market leader. He said that both individuals were highly respected leaders within our community. We are excited to have them join our board and look forward to their valuable insights and guidance.
Oakworth has also recently expanded to Charlotte, North Carolina.
The bank was named the No. American Banker has named Oakworth the No. 1 "Best Bank to Work For" for five consecutive years. Oakworth's total assets were $1.3 billion as of December 31, 2022. This included $974 million gross loans, $1.2billion in deposits, and $1.8billion in wealth and trust asset management.