Northwest Georgia Bank Appoints Stephen Rownd As President & CEO

Tuesday, August 20, 2013

The Northwest Georgia Bank board of directors has appointed Stephen Rownd as the president and CEO of Northwest Georgia Bank.  He will also join the board of directors. 

Scott Smith will remain at the bank as executive vice president. 

“I am very honored to be part of the Northwest Georgia Bank team. The opportunities that lie ahead for building on the company’s long history of success are exciting,” Mr. Rownd said. 

Mr. Rownd joins the bank from Charlotte, NC with 30 years of extensive banking experience and knowledge.  Most recently, he served as president of Capital Bank of Tennessee, after the acquisitied Green Bankshares. 

Mr. Rownd also served as executive vice president and senior commercial banker for Fifth Third Bank of the Carolinas. He joined Fifth Third Bank of the Carolinas in 2008 through the acquisition of First Charter Corporation, North Carolina, where he had served since 2000 –first as executive vice president and chief risk officer and later as executive vice president and chief banking officer. His earlier career includes positions of increasing responsibility in the areas of risk management and credit process with SunTrust Bank, Orlando, Florida; First National Bancorp/First National Bank, Gainesville, Georgia; and Barnett Banks in Atlanta and Miami. Rownd earned his Business Administration in Economics from Haverford College, Haverford, Pennsylvania.

W. Leonard Fant, chairman of the Northwest Georgia Bank board of directors, said, “Steve Rownd has been elected to lead our bank and has impressed us all as a man of high integrity and great vision. He is a man whose background and proven performance will be a great asset to the bank. We all look forward to working with him.”

For more information about Northwest Georgia Bank, click here.


Miller And Martin Names Nashville Attorney To Head Health Care Practice Group

Miller & Martin PLLC announced that Nashville attorney David Lewis will head the health care practice group for the southeast firm, according to Jim Haley, chairman. Mr. Lewis joined Miller & Martin’s Nashville office in May after serving as the vice president and associate legal counsel at LifePoint Hospitals in Brentwood.  He will be responsible for the ongoing ... (click for more)

Michael Williams Has Law License Suspended

Michael Gregory Williams, of Hamilton County, was suspended from the practice of law on Thursday by Order of the Tennessee Supreme Court for four years.  The suspension will begin on Nov. 9. A Petition for Discipline was filed on Oct. 30, 2013, alleging that Mr. Williams had misappropriated funds from an estate for which he had been appointed administrator and had failed ... (click for more)

Chattanooga Area Under Hard Freeze Warning As Winter Comes Early

The Chattanooga area was under a freeze warning as winter rushed in early. The biting weather came as crew members were about to hit the water for the annual Head of the Hooch at Ross's Landing. Here is the warning: ...FREEZE WARNING IN EFFECT FROM 3 AM EST /2 AM CST/ TO 9 AM EST /8 AM CST/ SUNDAY ... THE NATIONAL WEATHER SERVICE IN MORRISTOWN HAS ISSUED ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

Time To Fix The TIFs

What if Chattanooga policy makers and taxpayers used several recent business announcements as a wakeup call to learn more about how our community decides what companies get property tax breaks? If enough people accept this assignment, it just might result in the adoption of some sound policies and procedures to guide us in the future. We read in the newspapers this week that ... (click for more)

Roy Exum: My Garden In November

As the first day of November arrives today, it is cold enough in my garden to officially certify that fall has fell! There are even signs of ice on the ground but there is a bounty crop of acorns so, in keeping with our monthly tradition, some will get shiny acorns and others will get a chunk of cold ice: A SHINY ACORN for Patriots football coach Bill Belichick for scoffing at ... (click for more)