Georgia

The $364 million-asset company named Steve Rownd to the positions, effective Jan. 1. Rownd will also be named president and CEO of FNB Bank.

Roy Barnes, a former Democratic governor of Georgia, and his brother have agreed to buy WestSide Bank in Hiram, Ga., for $3 million.

The $1 billion-asset Charter said in a press release Thursday that it will pay $58.8 million, or $20.50 a share for the $369 million-asset parent of Community Bank of the South.

Synovus Financial in Columbus, Ga., plans to issue $250 million in subordinated notes to fund potential acquisitions or refinance other debt.

Atlantic Coast Financial in Jacksonville, Fla., has agreed to sell a branch in Georgia to Queensborough National Bank & Trust in Louisville, Ga.

The New York firm on Thursday sold 3 million voting shares in the $9.4 billion-asset United Community to Morgan Stanley, which acted as the sole underwriter on the offering.

The $610 million-asset company named Tim Schools president and CEO of both the holding company and Highlands Union Bank, pending regulatory approval.

The American Bankers Association named Georgia community banker Daniel Blanton its new chairman and elected three additional officers during its annual convention.

NCR has reached an agreement for an $820 million investment from private equity giant Blackstone Group, which it will use to fund a $1 billion stock buyback.

United Community Banks in Blairsville, Ga., has added a former BB&T executive to its board.