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Steve Rownd to head FNB Bank in Scottsboro

Effective August 20, 2013, the Northwest Georgia Bank Board of Directors appointed Stephen Rownd as the President and CEO of Northwest Georgia Bank. He will also join the Board of Directors.
Effective August 20, 2013, the Northwest Georgia Bank Board of Directors appointed Stephen Rownd as the President and CEO of Northwest Georgia Bank. He will also join the Board of Directors. Effective August 20, 2013, the Northwest Georgia Bank Board of Directors appointed Stephen Rownd as the President and CEO of Northwest Georgia Bank. He will also join the Board of Directors.

By Dave Flessner 2 min read

The former head of Northwest Georgia’s biggest bank took over Monday as CEO of the biggest bank in Northeast Alabama.

Steve Rownd, who headed Northwest Georgia Bank for two years prior to its sale this year to FirstBank, was introduced Monday as the new president and CEO of FNB Bank in Scottsboro, Ala. He succeeds Randy Giles, who is retiring from the bank next month after 11 years as CEO.

FNB Bank reported assets of $366.6 million as of June 30, comprising nearly one third of the bank assets in Jackon Conty, Ala. FNB earned $3.63 million last year, up from $2.73 million the previous year.

The bank operates nine branches in Jackson County, including offices in Scottsboro, Bridgeport. Pisgah, Section, Skyline and Woodvill, and an office in Dekalb county in Henagar, Ala.

Rownd, 56, worked for 32 years in banks in Tennessee, North Carolina, Georgia and Florida. Prior to joining Northwest Georgia bank in 2013, he served as CEO of Green Bancshares in Greenville, Tenn., overseeing 63 offices in East and Middle Tennessee and served as president of Capital Bank of Tennessee after it acquired Green Bancshares.