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# Alabama State Banking Department

**Type:** organization  
## Related Articles

- [Alabama’s SouthPoint under fire by the Fed](https://stuffthatspins.com/spin/alabamas-southpoint-under-fire-by-the-fed) — August 21, 2026

## Related Claims

- The Federal Reserve and the Alabama State Banking Department ordered SouthPoint Bancshares to serve as a source of financial and managerial strength for its subsidiary SouthPoint Bank.

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