May 03, 2016 10:53 AM ET


Company Overview of AloStar Bank of Commerce

Company Overview

AloStar Bank of Commerce provides banking services to individuals, middle-level business customers, and community financial institutions in the United States. The company offers certificates of deposit, individual retirement, savings, checking, money market, and business accounts, as well as debit cards; and retail banking that includes personal and business online banking services for individuals. It also provides strategic balance sheet management, clearing funds management, fed funds, investment portfolio strategies, international services, and 24/7 access to account data for financial institutions. In addition, the company offers business credit, which includes senior secured revolving l...

3680 Grandview Parkway

Suite 200

Birmingham, AL 35243

United States

Founded in 2011





Key Executives for AloStar Bank of Commerce

Chief Executive Officer and Director
Age: 55
Chief Financial Officer
Executive Vice President of Operations
Age: 57
Chief Credit Officer
Managing Director of Alostar Business Credit
Compensation as of Fiscal Year 2015.

AloStar Bank of Commerce Key Developments

Elmington Mulls Acquisitions

Elmington Capital Group, LLC is seeking acquisitions. Elmington Capital Group, LLC took a loan of $16.76 million which will be used to facilitate the acquisition of a multifamily apartment property in Alabama.

ALOSTAR BANK Presents at The 6th Annual Bank & Financial Institutions Special Assets Forum on Real Estate, C&I, and SBA Loans, Feb-05-2016 11:45 AM

ALOSTAR BANK Presents at The 6th Annual Bank & Financial Institutions Special Assets Forum on Real Estate, C&I, and SBA Loans, Feb-05-2016 11:45 AM. Venue: Ritz Carlton, 1 North Fort Lauderdale Beach Boulveard, Fort Lauderdale, FL 33304, United States. Speakers: John Cannon.

Alostar Bank of Commerce Announces Management Changes

AloStar Bank of Commerce Chairman and CEO Michael J. Gillfillan has announced his retirement effective April 15, 2015. The board of directors of AloStar Bank of Commerce has announced the appointment of Andrew S. Andy McGhee as CEO. McGhee will also join the company's board of directors. Gillfillan, 67, is co-founder of AloStar Bank of Commerce and partnered with McGhee to raise funds and charter the bank in 2011. McGhee, 55, was most recently president of commercial banking at AloStar and headed its AloStar Business Credit unit, the bank's asset-based lending arm.

Similar Private Companies By Industry

Company Name Region
Live Oak Banking Company United States
BOE Financial Services of Virginia Inc. United States
The Farmers & Merchants State Bank United States
Aquesta Bank United States
Ben Franklin Bank of Illinois United States

Recent Private Companies Transactions

Private Placement
February 16, 2016
CapFlow Funding Group

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact AloStar Bank of Commerce, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at