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.


Applications Now Open For CO.LAB Summer 2017 Accelerator

The Company Lab (CO.LAB) is seeking applications for its Summer 2017 Accelerator. The program, which surrounds high growth potential startups with mentors and resources to grow, will take place from Aug. 21 to Dec. 1.    The deadline for submissions is Aug. 1. Candidates will be accepted into the program on a rolling basis. Prospective participants can apply for the ... (click for more)

Lottery Closes Fiscal Year With Nearly $4.2 Billion For Education

The Tennessee Education Lottery Corporation has closed its fiscal year with a contribution of $386.7 million for all Lottery-funded education programs, bringing the total to nearly $4.2 billion since sales began Jan. 20, 2004. Sales of popular instant games were up 2.1 percent over the previous year, while the Lottery’s Tennessee-only draw-style games collectively were up 3.4 percent ... (click for more)

Charges, Bond Reduced For Mother Of Child Who Died In Hot Car

Charges and bond have been reduced for the mother of an 11-month-old child who died in a hot car on the parking lot of a chicken place on Tunnel Boulevard on July 8. Jessica Tollett was not charged in the child's death, but was arrested on three counts of aggravated child neglect because of living conditions for her three children. Travis McCullough, the father of the children, ... (click for more)

TVA Ready For Peak Power Demand On Friday, Saturday

With an average temperature of about 95 degrees across the Tennessee Valley for the next few days, folks are running the A/C at full blast to beat the heat. TVA, the largest public utility in the United States, says it is ready for record high electricity demand. “We can expect to see electricity demand peak on Thursday and Friday at about 30,000 Megawatts,” said Patrick Walshe, ... (click for more)

Police Chief Finalist’s Background Highlights Need For Community Control - And Response (2)

On Monday, July 10, it was announced  that a Mayor Berke-appointed search committee had presented Berke with three finalists for the position of Chattanooga’s next Police Chief. Among those three finalists is Captain Todd Chamberlain of the Los Angeles Police Department (LAPD).  The importation of any officer from the LAPD should raise concern considering the notorious ... (click for more)

Roy Exum: Never Rile A Ghost

I don’t care whether you believe in ghosts or not but there is one of life’s rules that should be etched in stone – “Don’t Stir Up A Ghost.” Personally I’ve never seen a ghost but when I was a little kid I heard a bunch of them at different times, and I know where some hang out. There is the famous “Green Eyes” among a handful of haunts at the Chickamauga Battlefield. You can hear ... (click for more)