News: Brokerage

Outside the Region: SouthCrest Bank names Washburn executive VP/chief credit officer

Atlanta, GA SouthCrest Bank appointed Michael Washburn as executive vice president/chief credit officer. Washburn has three decades of executive leadership and board advisory experience with numerous local, state and regional banks in Georgia, Alabama, Florida and Utah. 

He was an expert witness testifying before the U.S. House of Representatives’ Financial Services Committee on Financial Restructuring and Reform, and was an Adjunct Professor of Investments at Birmingham Southern College.

“The effective execution of the financial and managerial responsibilities of SouthCrest Bank’s executive vice president and chief credit officer are absolutely essential to this institution’s sustainable growth and success,” said Brian Schmitt, CEO of SouthCrest Bank and SouthCrest Financial Group. “Being able to attract industry-leading talent like Mike Washburn is a genuine win for SouthCrest and its shareholders. He’s a financial professional with a proven track record of performance. Mike’s appointment sends a clear message to the market that SouthCrest is building an A-Team of seasoned executives to help meet our objectives and those of our clients.” 

Washburn earned the Bachelor of Arts in Communications from the University of Alabama and the Masters in Business Administration from the University of North Alabama. His community involvement includes being active with the Birmingham Chamber of Commerce, local charities, youth soccer, Rotary Club, Humane Society, American Cancer Society and MS Society. Washburn and his wife, Marian, have a daughter, Allyn, who attends Pepperdine University.

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