FNS Bancshares in Scottsboro, Ala., has hired a new president and chief executive.

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. Rownd succeeds Randy Giles, who will retire at the end of the year.

Rownd was previously CEO at Northwest Georgia Bank in Ringgold, Ga., which was acquired earlier this year by the $2.9 billion-asset FirstBank in Nashville, Tenn. Rownd previously was CEO of Green Bankshares in Greeneville, Tenn., which was acquired in September 2012 by the $7.3 billion-asset Capital Bank Financial in Coral Gables, Fla.

Giles joined FNB's predecessor institution, the First National Bank of Scottsboro, in 1978. He was named CEO in 2004.

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