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.


Baker Donelson's Health Law Group Earns Multiple Top Ten Rankings

The Health Law Department at Baker Donelson has earned several honors recognizing the group as one of the leading health care practices in the United States. Baker Donelson was ranked seventh on the American Health Lawyers Association's "Top Honors 2014" list of health law firms in the United States; earned a spot in the top ten of Modern Healthcare's "Largest Healthcare Law ... (click for more)

Unum Operating Earnings Rise In Second Quarter

Unum, a provider of financial protection benefits in the U.S. and U.K., released its second quarter earnings report Wednesday with results that reflect a strong quarter. The company’s core businesses – Unum US, Unum UK and Colonial Life - produced higher year-over-year operating earnings with some very encouraging sales trends, said officials. Overall, operating earnings per share ... (click for more)

Plan Proposed For Lookout Mountain, Ga., Homeowners To Pay $10 Per Month For 8 Years For Sewer Upgrades

Lookout Mountain, Ga., officials are proposing a $10 per month charge for each homeowner for eight years to pay for sewer upgrades. The town's sewer system, that was installed 15 years ago, works with the help of grinder pumps at each of the 605 houses in the town. The life expectancy of this equipment is 20 years and the need for replacements has already begun. City Manager ... (click for more)

PAST Act On Horse Abuse Stalls Out In U.S. House Despite 70% Support

Rep. Ed Whitfield (KY-01), chairman of the House Subcommittee on Energy and Power, issued the following statement today regarding the Prevent All Soring Tactics (PAST) Act, H.R. 1518:   “I regret to inform you that Speaker of the House, John Boehner, currently refuses  to bring the Prevent All Soring Tactics (PAST) Act to the floor for a vote.  His decision ... (click for more)

Curtis Adams: Beck, Mackey Should Be Considered For County Commission Leadership

Just think about this;  a person highly qualified applying for a job.  As he is just about finished filling out his papers for his interview, he sees at the bottom there is a place for him to check Democrat or Republican.  He would think, “if I mark the wrong one I may not get the job.” Being a real leader requires honesty, integrity, and, most importantly, fairness. ... (click for more)

Roy Exum: Orchids And Onions

With record low temperatures being recorded around the South, I didn’t know what I’d find in my garden on the first day of August but – sure enough -- there is a profusion of orchids and onions. The start of college football will be later this month and, with the chilly mornings, fall practice is a far cry from what it will be when the sweltering heat comes back next week. Here’s ... (click for more)