First Bank of Alabama Commits $950,000 to Support Local Hospitals Through Alabama Rural Hospital Investment Program
Includes Contributions to Baptist Health Citizens Hospital, Tanner Medical Center East alabama, Coosa Valley Medical Center, Clay County Hospital, and DeKalb Regional Medical Center
Talladega, Ala. – February 12, 2026 – First Bank of Alabama is proud to announce a $950,000 commitment to local hospitals through Alabama’s newly established Rural Hospital Investment Program. This contribution underscores the bank’s continued dedication to strengthening healthcare access and supporting the communities it serves.
Donations made by First Bank of Alabama include:
- $250,000 to Baptist Health Citizens Hospital of Talladega
- $250,000 to Tanner Medical Center East Alabama of Wedowee
- $250,000 to Coosa Valley Medical Center of Sylacauga
- $150,000 to DeKalb Regional Medical Center of Fort Payne
- $50,000 to Clay County Hospital of Ashland
The Alabama Rural Hospital Investment Program opened on the Alabama Department of Revenue website on January 5. Created through legislation passed last year, the program allows taxpayers to allocate a portion of their Alabama state tax liability to eligible rural hospitals. The program carries a statewide cap of $20 million, with individual hospitals eligible to receive up to $750,000 in 2026, with higher limits planned in future years. As of this week, the program reached the cap.
“Our rural hospitals are the heartbeat of their communities,” said Chad Jones, President & CEO of First Bank of Alabama. “They provide critical care, create jobs, and give families peace of mind knowing help is close to home. Supporting these hospitals through this program is a tangible way for us to live out our core value of Community and invest directly in the people we serve.”
Rural hospitals provide far more than medical services. They are major employers, partners to local businesses, and trusted institutions that support community wellbeing every day. The Alabama Rural Hospital Investment Program helps ensure these hospitals remain strong, accessible, and prepared to serve future generations.
First Bank of Alabama acted quickly when the portal opened, securing a total of $950,000 to be matched from its 2026 Alabama state tax payments. These funds will be distributed among five rural hospitals. Contributions must be finalized within 30 days of allocation.
First Bank of Alabama also encourages individuals and businesses to participate in the program in the future. Anyone can contribute and receive a dollar-for-dollar Alabama state tax credit, subject to program guidelines and limits.
More information about the Alabama Rural Hospital Investment Program is available through the Alabama Department of Revenue.