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Banking Strong Since 1911
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Consumer Loans
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Single Family Housing Loans
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Commercial and Industrial Loans
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Farm Loans
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Commercial Real Estate Loans
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Construction and Land Development Loans
About Bank of Vernon
Founded in 1911, Bank of Vernon is Alabama’s first state-chartered bank and has consistently served as a reliable financial partner through economic ups and downs. As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), the bank focuses on meeting local needs and fostering economic growth. Headquartered in Vernon, Alabama, with branches in Lowndes County, Mississippi, Bank of Vernon remains committed to building strong customer relationships and delivering personalized banking services that prioritize community development and financial stability.
Bank of Vernon Impact Story
Royal Trucking Company
Empowering Young Adults Through Financial Education
The Bank of Vernon’s Student Account is tailored for individuals aged 13 to 22, offering a no-fee, no-minimum-balance account designed to simplify money management for young adults. The account includes a range of benefits, such as instant-issue debit cards, online and mobile banking, and 24/7 ATM access, allowing students to manage their finances conveniently.
To support financial growth and security, the Student Account also features identity fraud expense reimbursement and credit file monitoring. By providing these comprehensive tools and protections, the Bank of Vernon aims to help young adults develop strong financial habits and prepare for a financially independent future.
Advancing Financial Literacy Through Partnering with Banzai
Bank of Vernon has partnered with Banzai, an award-winning financial literacy platform, to deliver high-quality educational resources to schools and the broader community. This collaboration equips educators with interactive courses, real-life financial simulations, and classroom tools, all provided at no cost, to teach essential money management skills. Teachers gain free access to lesson plans, activities, and other materials, allowing them to integrate financial education into their curriculum seamlessly.
The bank’s commitment extends beyond the classroom, offering programs tailored for all age groups, from elementary students to retirees. By emphasizing lifelong learning in financial literacy, Bank of Vernon aims to empower individuals at every stage of life with the knowledge and skills needed for financial independence.
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