Superior Bank to double its mortgage banking team – NMP Skip to main content

Superior Bank to double its mortgage banking team

Nov 25, 2009

Superior Bank, one of Alabama's leading home mortgage lenders and the major subsidiary of Superior Bancorp, has announced that it plans to double its mortgage banking operation by adding more than 60 people to its existing operation in Alabama. "We feel there is a tremendous opportunity in both Alabama and Florida not only to increase shareholder value but also to help people achieve their dream of home ownership through the expansion of our mortgage operation," said Rick Gardner, president of Superior Bank. "In the last several years we have invested in new systems, expanded our product offering and built a reputation of delivering a level of service that is worthy of our name, 'Superior'. With our expanding branch network and growing customer base, the opportunity to serve our markets and to become the market leader in home mortgages is tremendous." The expanded operation will serve customers primarily through the bank branches throughout Alabama. The bank will also add additional support positions in the Birmingham area to help applicants through the mortgage loan process and to ensure that superior customer service levels are maintained. Gardner continued, "With 72 bank branches, we want to ensure that we can fulfill our customers' mortgage banking needs in a timely manner. This expansion will allow us to significantly increase the number of customers we can serve in our communities and to demonstrate the value that customers receive when doing business with Superior. We see the mortgage business as core to our relationship with consumers, and we plan to continue taking advantage of opportunities to expand this business line in Alabama and Florida over the next several years." For more information, visit www.superiorbank.com.
About the author
Published
Nov 25, 2009
Rocket Raises Conforming Loan Limit To $845K Ahead Of FHFA

The higher limit gives brokers more room to keep borrowers from crossing into jumbo territory

Sep 10, 2026
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026