AmSouth Bancorporation Company

125 years ago, First National Bank of Birmingham began its life.  It was reorganized in 1970 into AmSouth Bancorporation, which began doing business in 1972.  AmSouth Bancorporation’s  main subsidiary is AmSouth Bank, which is organized under the laws of the state of Alabama.  They have 685 branches in the states of Alabama, Florida, Tennessee, Mississippi, Louisiana and Georgia.  AmSouth offer’s a variety of personal and commercial financial services.  AmSouth  is committed to providing their customers with a relationship that is unparalleled.  They are known as the “relationship people.”  AmSouth believes in practicing six basic values:  Do more than is expected;  If something is wrong, make it right;  Make time for people;  Improve someone’s life;  Make a difference;  Do the right thing.   AmSouth believes adhering to these principals will bring about an extra level of service. 

They are also committed to being the leading provider of affordable mortgages in their markets.  They believe in addressing the two main barriers to home ownership for low to moderate income families: lack of down payment funds and lack of qualifying income.  Here are some of AmSouth’s affordable housing programs, along with their other funding options:

Loans Funded by AmSouth Bancorporation Company

• VA Loans
• Rural Housing Loans
• FHA Loans
• State and Local Housing Authority Programs
• AmSouth’s 97% and 100% Loan to Value Mortgages
• Community Funded Loans
• Fixed Rate Loans
• Adjustable Rate Loans
• Home Equity Loans
• Home Equity Lines of Credit

Recent AmSouth Bancorporation News

At AmSouth Mortgages the customer may apply online, call or e-mail for a loan consultation or stop by a branch office to speak to a loan consultant in person.

AmSouth Bank believes in helping the communities it serves.  With gifts totaling more than $12 million in 2001, AmSouth, its employees, and affiliated foundations helped support hundreds of organizations.  In addition, AmSouth employees volunteered thousands of hours to these agencies including the Salvation Army, Junior Achievement, and the YMCA/YWCA.  AmSouth emphasizes its dedication to building strong relationships with its customers and its communities, creating a force that helps families, businesses and communities grow stronger and more financially secure.

The Federal Reserve Bank announced a quarter point interest rate hike in the federal funds rate on Wednesday March 29, 2006.  AmSouth Bank's Chief Economist responded by saying, "We're close to a high in interest rates, but I don't think we're there yet." This rate increase makes the United States  have the highest central bank interest rate of the world's major industrialized nations.  In other news AmSouth announced that profit rose one percent in it‘s first quarter report for 2006.

Request a free mortgage quote today! >>

Bradford Mortgage is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

Bradford Mortgage is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.