Dr. Elizabeth B. Richardson

Madison Market President, Progress Bank

Beth B. Richardson is currently the Madison Market President for Progress Bank. She ensures that all aspects of the bank’s activities obtain maximum profits commensurate with the best interest of the shareholders, customers, employees, and the community. She provides the highest level of customer relations and service; monitors customer’s changing needs and recommends strategies that utilize her company’s products and services. Beth serves on Progress Bank’s Product, Technology, and Assets/Liability Management committees.

Beth believes that her greatest achievement is knowing Jesus Christ, who makes all things possible. She thanks God daily for His faithfulness. He has provided a strong and supportive family. She founded a community of believers who reflect Christ’s love in their daily walk, to meet the needs of others. Beth has served people in Havana, Cuba, on her job, and in her community through teaching biblical principles on breaking financial bondage, building wealth, and living the legacy you want to leave , which is her mission. Each time she has made herself available to lead, God has surrounded her with ample support, love, wisdom and guidance. As she understands God’s love for her more fully she becomes more aware of his great love for all people. It is this love that now compels her to live and serve others.

When you were little, what did you dream of being when you grew up? It’s funny how many of us acquire careers that are far from what we wished we could be as a child. When I was younger, I wanted to be a teacher.  My teachers advocated on my behalf, provided the needed guidance, and encouraged me in all my endeavors. These attributes certainly influenced my career choice, but never did it cross my mind to be a banker.

What circumstances helped shape your career? After eight years of trying, I finally gave birth to my beautiful daughter, Jaylin.  I became a stay-at-home mom which only lasted four months. I knew I needed to find a job that would allow me to have a balance between home and career and banking afforded me that opportunity.

What do you love most about your job? The opportunity to help my clients achieve their dreams.

What differentiates you from your peers or competitors? The bank is headquartered in Huntsville. Our clients can engage directly with the decision makers of the organization.  We are consummate professionals who respond promptly, provide quality service, and have tons of fun while meeting the demands of our clients and community.

What’s your favorite thing about living in the Huntsville/Madison County area? There are so many things I enjoy about our community. The variety of things to do and the ease of getting to where I want to go. Restaurants, attractions, museums, concerts, parks and hiking trails, schools, volunteer opportunities, and the list goes are all reasons to never want to leave Huntsville/Madison.

What civic organizations or nonprofits have you been involved with, and why have those been important to you?

I am currently serving on Huntsville/Madison County Convention and Visitors Bureau board, Health Care Authority Board of the City of Huntsville (First African American female to serve on this Board,) J.F. Drake Foundation Board, Committee of 100, Chair, Village of Promise, Delta Sigma Theta Sorority, Inc, and a faithful member of First Missionary Baptist Church. My civic involvement has enabled me to positively impact education, politics, healthcare services, and economic development.

What awards, accolades or accomplishments are you proudest of?

I was recognized by the Huntsville/Madison County Chamber of Commerce as a 2010 finalist for Young Professional of the Year.  In 2014, I was awarded the Excellence in Leadership and Service award through the Madison Chamber and through Alabama A & M University. The HH Foundation awarded me Trustee of the Year in 2015.

What is your mission statement? “Commit your works to the Lord and your plans will be established.” Proverbs 16:3

How has the business community changed for women since you began your career? More women are entering the financial sectors. Bringing more diverse voices to any table will inevitably bring new approaches and new thought leadership to a business.

Do you have a favorite quote about powerful or strong women you’d like to share? “Always stay true to yourself and never let what somebody says distract you from your purpose.” -Michelle Obama

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