The Exchange Bank of Alabama

The Exchange Bank of Alabama is a community bank headquartered in Gadsden, AL, founded in 1909 and primarily serving Etowah County. Holding SBA Preferred Lender status, it offers small-business borrowers a range of financing options including lines of credit, term loans, equipment finance, commercial real estate financing, and construction finance. SBA Preferred status means the bank can process SBA loan approvals in-house, which can meaningfully reduce turnaround time for eligible applicants. As a long-standing community institution, it appears well suited for Alabama-based businesses that prefer a local banking relationship over an online lender. Borrowers outside Etowah County should confirm whether the bank extends its business lending footprint beyond its primary service area before applying.