Phil Barnes, formerly director of wealth and trust services at CapitalMark Ban & Trust in Chattanooga, has been named president of Community National Bank in Dayton, Tenn.
Barnes, who has worked for the past four decades in banking in a variety of roles, will oversee all bank operations for Community National and its six offices.
The Rhea County-based bank was started in 1964 as First National County Bank in Spring City and moved its headquarters to Dayton in 1986 after changing its name to Rhea County National Bank. In 2003, the bank was renamed again to Community National Bank and now has more than $218 million in assets and operates offices Soddy Daisy, Dayton and Spring City, Tenn., and in Rossville, Ringgold and Flintstone, Ga.
Community National Bank was acquired in 1982 by George E. Calfee, who also acquired controlling interest in Rossville Bank. Calfee died in 1983 and his widow, Bernice (Calfee) Sale remains as chairman of both banks.
Barnes received a bachelor's degree from Covenant College, as well as completing graduate school at the University of Virginia's Colgate Darden School of Business and International Lending. Mr. Barnes also completed the ABA Stonier Graduate School of Banking and the BAI Graduate School of Retail Banking and has held Series 7, 6, and 66 in the past, as well as having a life insurance license.
"We are pleased to have such an experienced banking veteran as our new president," said Dave Seera, CEO of Community National Bank. "Mr. Barnes will excel in leading his team and will make a great addition to the Community National Bank family."
Barnes is the father of four and grandfather of three grandchildren. He lives on Lookout Mountain and plays an active role in his church community and the local Estate planning council.