Cornerstone Community Bank Promotes Three Executives

Wednesday, August 26, 2009

Cornerstone Community Bank has promoted three executives, Jerry D. Lee, Barry Watson and Carolyn Smith.

Mr. Lee has been promoted to Executive Vice President and Chief Credit Officer of Cornerstone Community Bank. He has been in the banking business in Chattanooga for 26 years, the last ten of which with Cornerstone.

He is responsible for managing the entire loan department of the bank, including all loan operations, credit analysis and supervising the loan officers within the bank.

Mr. Lee is a 1983 graduate of UTC, where he played tight end on the Mocs football team. He has been very active in the local community, especially in youth sports. In 2007, he was named Hamilton Family YMCA “Volunteer of the Year.”

He is past president of the Hickory Valley Christian School Board of Directors and currently serves as treasurer on the Chattanooga Area Food Bank Board of Directors.

He and his wife have three children and reside in the Shallowford area.

Mr. Watson has been promoted to Executive Vice President and Senior Loan Administrator of Cornerstone Community Bank. Mr. Watson joined Cornerstone in 2002 and brings 30 years banking experience to his new position.

His responsibilities include managing all new business development and supervising loan operations within the bank. A native of Chattanooga, he holds a B.S. degree in Accounting and Finance from UTC, and is a graduate of the LSU School of Banking.

Mr. Watson’s extensive civic involvement includes current Board positions with Chattanooga Christian School, Shepherds Arms Rescue Mission and the UTC Finance Advisory Board. He and his wife have two children and reside in the East Brainerd area.

Ms. Smith has been promoted to Chief Deposit Officer and Senior Vice President of Operations and Security of Cornerstone Community Bank. A 31-year banking veteran, Ms. Smith has been with Cornerstone for nearly 11 years.

Her responsibilities include managing all deposit operations, electronic banking (ACH, wires, online banking, etc.), imaging center, loan servicing operations, branch administration, customer service and physical security.

She holds an Accounting degree and is an Accredited ACH Professional. Ms. Smith’s involvement in the community includes a former board position with First Things First.

She and her husband have two children and two grandchildren, and reside in the Red Bank area.


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