Southern States Bancshares, Inc. Announces Appointment of Three Directors, Deepening Board Experience in High-Growth Atlanta Region
22 Febrero 2023 - 3:05PM
Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”
or the “Company”), the holding company for Southern States Bank, an
Alabama state-chartered commercial bank (the “Bank”), today
announced the appointment of three new directors, increasing the
total number of independent directors to eight and the total number
of directors to thirteen. Each new director also joined the Board
of Southern States Bank.
Jonathan Hinton, Christine Hunsaker and Andy Cummings
collectively bring decades of business, finance and real estate
experience to the Southern States Board of Directors, adding
leadership depth as the Bank gains scale and deepens its presence
across key Southern markets. Importantly, all three are based in
the Atlanta metropolitan area, a key growth market for Southern
States over the past two years and one expected to play an
important role in the Bank’s future expansion efforts.
Hinton is the founder and CEO of RavenVolt, now a subsidiary of
ABM Industries. RavenVolt designs and builds turn-key microgrid
projects across the United States. The company focuses on solar,
battery, fuel cell, diesel and natural gas microgrids at national
retailers, industrials, utilities and water treatment plants.
Hunsaker is the founder and president of Hunsaker Partners, a
funeral services company that owns and operates cemeteries, funeral
homes and crematories throughout Greater Atlanta. She is a veteran
of the industry and previously held senior executive positions at
leading funeral service companies.
Cummings has been a commercial real estate investor for more
than 20 years in the Atlanta area. Earlier in his career, he worked
for a regional financial institution, where he was responsible for
the placement of more than $1 billion in debt and equity financing
with local, regional, and national real estate operators.
“Each of our new directors bring exceptional leadership skills
and significant management experience that will be of tremendous
value to our Board as we continue to grow the franchise,” said
Stephen Whatley, Chairman and CEO of Southern States. “We look
forward to their valuable insights and perspectives.”
About Southern States Bancshares, Inc.
Headquartered in Anniston, Alabama, Southern States Bancshares,
Inc. is a bank holding company that operates primarily through its
wholly-owned subsidiary, Southern States Bank. The Bank is a full
service community banking institution, which offers an array of
deposit, loan and other banking-related products and services to
businesses and individuals in its communities. The Bank operates 13
branches in Alabama and Georgia and two loan production offices in
Atlanta.
Contact Information: Lynn Joyce(205)
820-8065ljoyce@ssbank.bank
Kevin Dobbs(310) 622-8245ssbankir@finprofiles.com
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