Financial Blog

UMB Bank promotes Crowe to private banking client manager

UMB Bank na, a subsidiary of UMB Financial Corporation, announced it has promoted Jody Crowe to private banking client manager, UMB Private Wealth Management in Springfield. In his new role, he is responsible for developing and maintaining relationships with clients while providing financial solutions tailored to client goals.

Crowe has more than 14 years of experience in the banking and financial services industry. Prior to his promotion, he served as financial center manager at UMB Bank in St. Louis.

Smith Flooring qualifies for standards program

The Pellet Fuels Institute has announced the qualification of pellet fuel manufacturer Smith Flooring of Mountain View into the Pellet Fuels Institute Standards Program. The PFI Standards Program is a third-party accreditation program providing specifications for residential and commercial-grade pellet fuel, now representing 15 pellet manufacturing companies, among them 24 facilities.

Bentley names state Rep. Mike Hill head of Alabama Banking Department

Gov. Robert Bentley has named state Rep. Mike Hill, R-Columbiana, superintendent of the state Banking Department.

Hill replaces John Harrison, who retired on Thursday, Bentleys office said in a news release.

Hill was elected to the Legislature in 1986 and has served on the committee that handles banking legislation throughout his 30 years as a lawmaker.

His new job means that he will resign from his House seat and the governor will set a date for a special election.

My family and I have always been humbled by the confidence of the people of Shelby County, Hill said in a statement.

This new challenge is an opportunity to better the lives of all Alabamians, from Muscle Shoals to Dothan, from Fort Payne to Bayou Le Batre.

Hills appointment is effective Tuesday.

Harrison had served in the position for 11 years, according to the governors office.

His leadership in the areas of banking regulation and lending has provided stability to the industry and protected consumers while moving the Department forward, Bentley said in a statement.

Alabama and national politics.

Some businesses banking on hot, dry weather

The hot, dry weather isnt ideal for our lawns and especially not for farmers. There are a few people out there,though, that are banking on it (WHAM photo)

Thousands of London banking job cuts to start next week

If you perchance thought that your London banking job would be safe with Britain outside the European Union, you were wrong.

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