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SouthCrest Financial (SCSG) in Peachtree City, Ga., has raised nearly $18 million from a group led by Castle Creek Capital.
August 1 -
Hudson Valley Holding (HVB) in Yonkers, N.Y., has hired a former chief credit officer at Merrill Lynch Bank USA.
July 26
SouthCrest Financial Group (SCSG) in Peachtree City, Ga., has hired Russ Holland to oversee credit.
The $557 million-asset company
Holland joins SouthCrest after seven years on the executive management team at Seacoast National Bank in Stuart, Fla. He most recently served as Seacoast's chief lending officer, where he helped the bank return to profitability by disposing of troubled assets and improving credit quality through public and private capital raises.
Holland has also worked in credit leadership and development for several other Florida banks, including Union Bank of Florida.
"We are excited to have Russ join us as the leader to drive our credit culture during a time of re-energized loan growth," SouthCrest Chief Executive Kenneth Maloy said in a news release. "We believe the proficiency he has achieved through both positive and negative credit cycles will be highly accretive to the future of SouthCrest."
SouthCrest operates 14 branches in Georgia and Alabama.
