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Leadership GBA Board of Directors Elects and Installs Officers and Directors
Atlanta, GA, July 30, 2021 (PR.com) Members of the Georgia Bankers Association (GBA) have elected and installed officers and eight new members to the Leadership GBA Board of Directors for the 2021-2022 fiscal year.
Jenny Wofford, senior vice president and director of retail banking with Pinnacle Bank in Elberton, was installed as chair. Members elected Candice Nanney, vice president and controller with Peach State Bank & Trust in Gainesville, as chair-elect. Kelly Smith, senior vice president of First National Bank of Griffin, was elected vice chair. These leaders are creative, engaged and enthusiastic about banking as a career. They’re already leaders in their banks and hometowns, so we’re fortunate to have them volunteering with Leadership GBA to help develop strong career bankers across the state, said Luke Flatt, GBA chairman and chairman, president and CEO of AB&T, Albany.
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Dive Brief:
North Liberty, Iowa-based GreenState Credit Union is buying two banks Oak Brook, Illinois-based Oxford Bank & Trust and Omaha-based Premier Bank, the credit union announced Tuesday.
The deals, each expected to close by the fourth quarter of 2021 pending regulatory approval mark the third and fourth banks to be bought by a credit union this year.
Credit union purchases of banks typically draw objections from trade groups such as the Independent Community Bankers of America (ICBA), which argues credit unions’ tax-exempt status allows them to offer a higher purchase price for acquisitions than banks can, and lets them grow more freely.