HUNTSVILLE — The name has changed and so has its approach to banking.

To that, Bank47 – formerly LifeSteps Bank and Trust – is opening a new chapter with its headquarters in Huntsville.

The new name reflects the bank’s commitment to stability, completeness, and building meaningful financial relationships, the company said in a news release.

With a focus on concierge banking, Bank47 provides a tailored, high-touch experience for individuals, families, and businesses navigating pivotal financial decisions.

“Huntsville’s energy, innovation, and economic strength make it the perfect home for Bank47,” said CEO Hill Womble. “We are building more than a bank — we are creating a financial institution that prioritizes relationships and helps our clients grow, thrive, and navigate life’s most important financial moments.”

Joining Womble in the forefront of the expansion are President John Johnson; Dana Potts, executive vice president, CFO & COO; Jeff Wilson, banking executive; Randy Tidwell, senior vice president Operations and Finance; and James Brown, senior risk advisor.

Bank47’s concierge banking model blends cutting-edge technology with personalized service, helping clients with everything from assisting with financing dream homes to navigating complex financial landscapes.