First US Bancshares, Inc. announced on Tuesday the opening of a loan production office in the Chattanooga area through its banking subsidiary, First US Bank. The bank recently applied for and received regulatory approval to open the new office at 6011 Chesterton Way, Suite 109, Ooltewah in Cambridge Square.
Chattanooga banking veteran Steven Thompson will lead the bank’s commercial lending efforts in the market as Senior Vice President, Commercial Lender.
James F. House, president and CEO of the company and the bank, said, “We are excited about the opportunity to be a part of the vibrant Chattanooga community, and we are pleased to have Steven join our team. Steven has a strong background in commercial real estate lending, and he has extensive business relationships in the Chattanooga area. His background and skills complement First US Bank’s commitment to expanding and developing our presence in southeastern Tennessee.”
For the past 12 years, Mr. Thompson has served the Chattanooga community through commercial lending and leadership roles at several regional banks. Mr. Thompson is a graduate of Lee University, where he received a degree in Business Administration.