From The Tribune staff reports
TUSCALOOSA — Bryant Bank was named the Best Small Bank by Newsweek, after an analysis of over 2,500 institutions.
The comparison by Newsweek and Lending Tree used 55 factors to assess which banks were best serving the needs of consumers amid the coronavirus pandemic, according to Newsweek Deputy Editor-in-Chief, Diane Harris.
“Like virtually every other aspect of our lives – work, school, shopping, entertainment, you name it – the pandemic is changing the way Americans bank,” said Harris. And those changes, in turn, are creating a new set of challenges and opportunities when it comes to picking the financial institution that best suits our banking needs.”
Overall, 55 separate factors were assessed, covering a wide variety of fees, current and historical interest rates, account terms, consumer service features, mobile app satisfaction, bank profile and more.
Bryant Bank Chairman and CEO Paul W. Bryant said the news came as a pleasant surprise.
“I am incredibly proud of the job that Bryant Bankers do, day-in and day-out, to provide unbeatable service and legendary care for our customers and our Alabama communities,” said Bryant. “It is our banker’s dedication to putting care into action to help Alabamians invest in their full potential that resulted in achieving this outstanding recognition.”
To view the list of America’s Best Banks and to learn more about the methodology used in the assessment, click here.
Founded in 2005 by Paul W. Bryant Jr., Bryant Bank’s vision is to see every Alabamian experience a financially stable future and live in a thriving community. Bryant Bankers put care into action to help Alabamians invest in their full potential every day. The Bank offers personal, business, and mortgage banking services with 16 branches and one loan production office in five Alabama markets – Huntsville, the Birmingham area, Tuscaloosa, Mobile, and Baldwin County, with the loan production office in Athens, and employs over 260 bankers.