ServisFirst Bank Expands with New Branch in South Carolina

News Summary

ServisFirst Bank has officially opened a new branch in Summerville, SC, with industry veterans Kurt Seguer and Landon Davis at the helm. This expansion includes plans for a full-service branch in 2025 as the bank enhances its presence in the area. Simultaneously, in Tennessee, new chairman Jake Farrell aims to strengthen operations in Memphis and Nashville. With a solid financial background, ServisFirst continues its commitment to community banking and support.

Exciting Developments at ServisFirst Bank in South Carolina and Tennessee

Summerville, SC is buzzing with excitement as ServisFirst Bank officially cuts the ribbon on its newest branch location on April 3, situated at 319 N. Cedar St. With a lovely forecast of plenty of sunshine, highs around 80°F, and a gentle breeze from the east, it’s the perfect day to celebrate this significant addition to the community!

The bank is spicing things up in Summerville by welcoming Kurt Seguer as the senior vice president for commercial banking. With over 25 years of experience in the financial services industry, Seguer is no stranger to managing client portfolios and building strong relationships for commercial loans and deposits. His wealth of knowledge positions him to make a remarkable impact at the new branch.

Joining Seguer is Landon Davis, another seasoned professional with over 14 years dedicated to helping business owners create personalized financial strategies. With both Seguer and Davis on board, there’s a palpable sense of anticipation regarding the launch and growth of the Summerville office.

As part of the bank’s expansion plans, a brand-new full-service branch is expected to open its doors in 2025. Locally, Tom Trouche, the regional president and CEO for South Carolina, has expressed great enthusiasm for the new leadership and the commitment these banking professionals bring to the area.

Strategic Moves in Tennessee

Jake Farrell as the new chairman for its operations there. With nearly 50 years of banking expertise under his belt, including a significant role at Landmark Bank before its sale in 2021, Farrell is set to drive expansion in the bustling cities of Memphis and Nashville.

Farrell isn’t the only key player in this dynamic regional leadership team. Joel E. Smith serves as the Market President, with Bradford Vieira holding down the role of Regional President. Together, they are focused on enhancing the bank’s market presence while emphasizing the vital role that financial institutions play in community prosperity.

In an exciting move, ServisFirst plans to transition its current Memphis branch from a simple loan production office to a permanent location later this fall. This decision reflects the bank’s commitment to deepening ties within the community and providing long-term support for its clients.

Impressive Track Record

ServisFirst Bancshares, has consistently demonstrated financial stability with over $16 billion in assets. Since April 2015, the bank has received investment-grade ratings from the Kroll Bond Rating Agency, showcasing its robust standing in the financial world. The bank has been enriching communities since it opened its doors in May 2005 and its commitment continues to shine brightly in regions both near and far.

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Additional Resources

• Post and Courier: ServisFirst Opens New Branch
• Wikipedia: Banking
• Charleston Business: Summerville Bank Begins Construction
• Google Search: ServisFirst Bank
• Post and Courier: ServisFirst Bank Adds Personnel
• Google Scholar: Financial Institutions
• Hoodline: Jake Farrell Appointed Chairman
• Encyclopedia Britannica: Banking Leadership
• Count on 2: Toys for Tots Donations
• Google News: ServisFirst Bank Expansion

Author: RISadlog