Superior Bank and (until its failure in 2009 and reformation as Birmingham-based Cadence Bank) New South Federal Savings Bank. As of 2009, the finance & banking sector in Birmingham employed 1,870 financial managers, 1,530 loan officers, 680 securities commodities and financial services sales agents, 380 financial analysts, 310 financial examiners, 220 credit analysts, and 130 loan counselors.
The telephone company that is now owned by AT&T Inc., which was formerly BellSouth and before that South Central Bell, which had its headquarters in Birmingham, has a major nexus in Birmingham, supported by a skyscraper downtown.
The insurance companies Protective Life, Infinity Property & Casualty, ProAssurance, and Liberty National have their headquarters in Birmingham, and these employ a large number of people in Greater Birmingham.
Birmingham is also a powerhouse of construction and engineering companies, including BE&K, Brasfield & Gorrie and B.L. Harbert International which routinely are included in the Engineering News-Record lists of top design and international construction firms.
Two of the largest soft-drink bottlers in the United States, each with more than $500 million in sales per year, are located in Birmingham. The Buffalo Rock Company, founded in 1901, was formerly a maker of just ginger ale, but now it is a major bottler for the Pepsi Cola Company, and the Coca-Cola Bottling Company, United, founded in 1902, is the third-largest bottler of Coca-Cola products in the United States.
The Birmingham metropolitan area has consistently been rated as one of America's best places to work and earn a living based on the area's competitive salary rates and relatively low living expenses. One study published in 2006 at the Web site Salary.com determined that Birmingham was second in the nation for building personal net worth, based on local salary rates, living expenses, and unemployment rates.
A 2006 study by
