| NEXITY
BANK STRENGTHENS CORRESPONDENT TEAM WITH TWO HIRES
IN SOUTH CAROLINA AND NORTH CAROLINA
FOR IMMEDIATE RELEASE
January 5, 2005
Birmingham, AL, January 5, 2005 – Birmingham,
AL – Nexity Bank announces the addition of Michael
W. Hambrick as Senior Vice President/Correspondent Sales
and Charles E. Williams, III as Senior Vice President/Investments
to our correspondent sales teams in South Carolina and
North Carolina.
Greg Lee, Chairman and Chief Executive Officer of Nexity
Bank, says “the addition of Mike and Charlie to our
correspondent team gives us the ability to further meet
the needs of our current and future clients in the South
Carolina and North Carolina markets. Along with our lending
team in these markets, led by Wayne Wicker, this team has
an extensive understanding of the operational, investment
and lending needs of community banks.”
Mike Hambrick has over 25 years experience in working
with community banks in financial consulting and fixed
income security sales and, most recently, served as chief
financial officer for a $290 million community bank in
South Carolina. Hambrick began his career with South Carolina
National Bank and was a founding partner in First South
Carolina Securities in Columbia, SC in 1985. He has an
extensive knowledge of the correspondent needs of community
banks from the perspective of both a provider and a user
of correspondent services.
Charlie Williams has 23 years experience in the financial
services industry, spending the majority of his time in
fixed income security sales. He began his career with Wachovia
Corporation in Winston-Salem, NC in 1981 and joined the
Bond and Money Market Group in 1987. Most recently, Williams
served as Vice President, Institutional Fixed Income Sales
for Legg Mason in Winston-Salem. He has a solid knowledge
of asset/liability management and the investment needs
of community banks.
Nexity Bank is a $620 million wholesale commercial
bank offering correspondent banking products to banks in
the
South from Texas to Virginia. Headquartered in Birmingham,
Alabama, Nexity has loan production and correspondent sales
offices in Atlanta, Georgia, Myrtle Beach, South Carolina,
Pensacola, Florida, Dallas, Texas and Winston-Salem, North
Carolina. For a complete list of correspondent services,
please visit us at cbs.nexitybank.com.
CONTACT: David Long, President, Nexity Bank, 205-298-6391.
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