Milton Blair Becomes Senior Vice President Of FSG Bank

Saturday, November 23, 2013

FSG Bank announced that Milton Blair has joined the organization as a Senior Vice President and Director of FSG Business Credit.  Blair brings over 25 years of banking experience to his new position managing the bank’s asset based lending activities to small and mid-sized businesses.

 

Asset based loans are  used to meet various cash flow needs of growing companies, such as payroll, managing receivables, or building inventory.

  Blair has an extensive Business Credit background developed during his tenure leading these activities at First American National Bank, Commercial Capital Inc., and Community Business Finance Inc.

 

Mike Kramer, FSG Bank’s President and Chief Executive Officer said, “Sophisticated business credit and monitored lending services are sorely missing from the product offering of most Community Banks today. Milton brings over 25 years of experience focused on providing these services for small to medium sized business banking clients. Milton and his team will complete our full service approach to banking small to medium sized business and institutional clients. We couldn’t be happier to have Milton join the FSG team.”

Mr. Blair earned his Bachelor of Science with a double major in Accounting and Finance from the University of Alabama in Birmingham. He is a past member of the Board of Directors of the Commercial Finance Association and a current member of the Tennessee State Society of Certified Public Accountants. 

 

The Business Credit unit will be located in Chattanooga at the FSG Bank headquarters at 531 Broad Street. Mr. Blair may be reached at 308-2094 or at mblair@fsgbank.com.

 


Georgia’s Job Growth Rankings Improve In October

State Labor Commissioner Mark Butler said today that Georgia moved up to fifth in the nation and second in the Southeast in over-the-year job creation in October, compared to sixth and third respectively in September. The state gained 96,000 non-seasonally-adjusted jobs between October 2013 and October 2014, for a growth rate of 2.4 percent. The comparable national job growth rate ... (click for more)

Northwest Georgia’s Unemployment Rate Falls To 7 Percent In October

The Georgia Department of Labor announced today that the unemployment rate in the Northwest Georgia region for October was 7.0 percent, down one-tenth of a percentage point from 7.1 percent in September. The rate in October of last year was 7.8 percent. The rate fell as more people went to work. The number of employed residents in the region rose by 1,173 to 374,971, up from ... (click for more)

1 Dies, 1 Critically Injured In North Chattanooga House Fire

For the second time in three days, a house fire has resulted in tragedy with a 35-year-old woman dying and a man critically injured in North Chattanooga. At 10:13 a.m. on Wednesday, Chattanooga firefighters were dispatched to a reported house fire with entrapment at 220 Houser St. The first firefighters on the scene saw flames shooting out windows and part of the roof. Having ... (click for more)

Appeal Dropped In $25 Million Lawsuit Filed Against Hennen's Restaurant By Lisa Barnes

An appeal has been dropped of a Circuit Court jury verdict that found Hennen's Restaurant not at fault in a $25 million lawsuit brought by Lisa Barnes. Circuit Court officials said the appeal was "voluntarily" dropped. It had been set to be reviewed by the Tennessee Court of Appeals. The verdict in the courtroom of Judge Neil Thomas in early February came at the end of ... (click for more)

Lawlessness At Heritage Park

As a frequent visitor at Heritage Park in East Brainerd, I must say that the situation is becoming slightly out of control.  To start, parking is atrocious.  The unpaved lot contains nothing but loose gravel which has naturally given way to divots in the ground assuring you a few bumps.  Why isn't this area smoothed out?  It's not worth parking there anyways ... (click for more)

Roy Exum: Why I Am Thankful 2014

Over 40 years ago I was a young sports writer when I came up with the notion of setting daily things aside, just for one day, and writing about why “I Am Thankful.” Every Thanksgiving I come up with my list and it is as much about me as it is about my gratitude for all things great and small. I can’t imagine approaching this day in any other way. Here we go … I AM THANKFUL for ... (click for more)