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.


Christopher & Banks Opens New Store In Northgate Mall

Christopher & Banks Corporation, a women’s specialty retailer, Wednesday announced the grand opening of its new retail concept store at Northgate Mall.   The new store combines its Christopher & Banks and CJ Banks brands, bringing missy, petite and women’s sizes 4 – 24 into one shopping location. “We are thrilled to bring this concept to Chattanooga,” said LuAnn ... (click for more)

Volkswagen Celebrates 200 Million Vehicles Produced

The Volkswagen Group has now produced 200 million vehicles. Volkswagen is one of the few manufacturers in the world to have reached this total. At the Group evening, the sports car study Volkswagen XL Sport made its world debut as the 200 millionth Group vehicle. On the occasion of the production record, actress Catherine Deneuve, founding chairperson of “Cinema for Peace”, received ... (click for more)

Teen, 17, Charged With Aggravated Rape In Attack On 69-Year-Old North Chattanooga Runner

A 17-year-old has been charged with aggravated rape in connection with an attack on a 69-year-old runner in North Chattanooga on Monday morning. The teen was identified by Juvenile Court officials as Diontae Smartt. Authorities said he has given a confession. Smartt has a detention hearing Thursday at 12:30. The incident happened at approximately 7:30 a.m. ... (click for more)

Berke Implements New Pay Plan For Chattanooga Fire Department

Mayor Andy Berke joined the International Association of Fire Fighters (IAFF) and leadership of the Chattanooga Fire Department to unveil the department’s new pay plan Wednesday afternoon. At a press conference at Fire Hall #1 on Main Street, Mayor Berke and IAFF Local 820 President Jack Thompson signed a memorandum of understanding which sets forth regular raises for fire ... (click for more)

Leaders Lead On Amendment 1

This week the Hamilton County Commission was faced with what I believe may be one of the most important votes they have cast during their tenure.  Granted, the vote was over a "mere" Resolution that resulted in no overt action or new law in our county.  But there are times when simply speaking Truth and taking a stand on a foundational Principle is paramount and as such ... (click for more)

Roy Exum: My October Garden

Hark! It is the first day of October and, as I make my monthly stroll through the garden, I find a growing numbers of leaves and acorns. Autumn leaves are beautiful while acorns are nuts, thus you will get the idea as we make our monthly awards: A PRETTY LEAF to Phil Hughes after the Minnesota Twins pitcher came within one inning of earning a $500,000 bonus this season. The deal ... (click for more)