A West Virginia-based bank now headed by former Chattanoogan Jeff Jackson has opened a loan production office in Chattanooga led by a handful of veteran local bankers.
WesBanco Inc., a Wheeling, West Virginia-based bank holding company with more than $17 billion in assets from its banks in six states, opened its second commercial loan office in Tennessee on Thursday with a new office on Chattanooga’s North Shore. A year after opening a loan office in the Nashville suburb of Franklin, WesBanco is opening the office at 325 Cherokee Blvd. to serve commercial and business clients in Southeast Tennessee.
Jackson, a former Chattanooga market president for First Tennessee and First Horizon Bank, was elevated to CEO of WesBanco on Aug. 1 and said he is targeting high-growth cities for future growth.
“We are pleased to continue to advance our strategic growth in Tennessee with the opening of a commercial loan production office in the up-and-coming Chattanooga market,” Jackson said in an announcement Thursday about the new office. “The business landscape is diverse and dynamic, and we’ve brought on a proven team that is primed to bring WesBanco’s strength, stability and lending capacity to support customers’ growth needs.”
The five-employee staff for the new office is headed by banking veteran Adam Thomas, who previously was a senior vice president for both CapStar and Pinnacle banks in Chattanooga after working for nearly eight years with Regions Bank.