Greene County Bancshares (NASDAQ:GCBS)
Historical Stock Chart
From Aug 2019 to Aug 2024
![Click Here for more Greene County Bancshares Charts. Click Here for more Greene County Bancshares Charts.](/p.php?pid=staticchart&s=N%5EGCBS&p=8&t=15)
Greene County Bancshares, Inc. (NASDAQ/NM: GCBS) today
announced that Martha M. Bachman (age 50) and Robert K. Leonard (age
38) have been named to the Company's Board of Directors. These
appointments expand the Company's Board to include 14 directors.
Bachman, a former teacher with the Greene County School System,
currently is co-owner of Lancaster's, a retail gift and jewelry shop
on Main Street in Greeneville. She also is co-owner of Elmwood Farm in
Greene County, the oldest continually operated family farm in
Tennessee. Bachman will serve on the Compensation Committee of the
Company's Board of Directors and is a member of the group of directors
whose term will expire in 2006.
Bachman graduated from East Tennessee State University with a
degree in Elementary Education and Early Childhood Development. She is
a member of the Board of Trustees of Tusculum College in Greeneville
where she also serves as Treasurer and as a member of the Finance and
Investment, Audit, and Executive Committees as well as the Committee
on the Presidency. She serves as a member of Youth Builders of
Greeneville and the Laughlin Health Care Foundation Board.
Leonard is an entrepreneur who owns and serves as president of
three manufacturing businesses, including LMR Plastics, and is a
partner in a commercial warehouse leasing venture. A Certified Public
Accountant, Leonard previously performed audit services with KPMG Peat
Marwick, LLP in Nashville. He is a former board member of Andrew
Johnson Bank in Greeneville, where he served on the Executive and
Audit Committees. Leonard will serve on Greene County's Audit
Committee and as a member of the group of directors whose term will
expire in 2007.
Leonard graduated from the University of Tennessee with bachelor
degrees in Accounting and Finance. He currently serves as a member of
the Scholarship Committee of Sigma Phi Epsilon Fraternity at the
University of Tennessee and is active in a number of civic and
charitable organizations.
Commenting on the announcement, Stan Puckett, Chairman and Chief
Executive Officer of Greene County Bancshares, said, "We are pleased
that Martha and Bobby have accepted our invitation to join our Board.
They are outstanding members of the Greeneville community and they are
well respected in business and civic circles throughout East
Tennessee. Importantly, they both bring a strong background in
financial and organizational management to our Board, and they add new
perspectives on our customers and markets as we continue our work to
make Greene County Bancshares the premier community bank in
Tennessee."
Greeneville, Tennessee-based Greene County Bancshares, Inc., with
total assets of approximately $1.6 billion, is the holding company for
Greene County Bank and is the second largest bank holding company
headquartered in the state of Tennessee.
Greene County Bank, founded in 1890, now has 47 branches
throughout East and Middle Tennessee, one branch in Bristol, Virginia,
one branch in western North Carolina, and a trust services office in
Lebanon, Tennessee. Greene County Bank does business in Washington
County, Tennessee as Washington County Bank; in Blount County and Knox
County, Tennessee as American Fidelity Bank; in Montgomery County,
Tennessee as Clarksville Community Bank; in Sumner County, Tennessee
as First Independent Bank; in Rutherford County, Tennessee as
Rutherford Bank and Trust; in Sullivan County, Tennessee as Sullivan
County Bank and First Bristol Bank; in Hamblen County, Tennessee as
Hamblen County Bank; in McMinn County, Tennessee as Bank of Athens and
Bank of Niota; in Hawkins County, Tennessee as Hawkins County Bank and
Bank of Bulls Gap; in Lawrence County, Tennessee as Bank of Lawrence
County; in Cocke County, Tennessee as Cocke County Bank; in Loudon
County, Tennessee as Community Bank of Loudon County; in Monroe
County, Tennessee as Community Trust Bank; in the City of Bristol,
Virginia as First Bristol Bank; in Davidson County and Williamson
County, Tennessee as Middle Tennessee Bank & Trust; and in Wilson
County, Tennessee as President's Trust. In addition, Greene County
Bank also conducts separate businesses through three wholly owned
subsidiaries: Superior Financial Services, Inc., a consumer finance
company; GCB Acceptance Corporation, a consumer finance company
specializing in subprime automobile lending; and Fairway Title Co., a
title insurance company.
This news release may contain forward-looking statements regarding
Greene County Bancshares, Inc., as defined in Section 21E of the
Securities Exchange Act of 1934. All forward-looking statements
involve risk and uncertainty and actual results could differ
materially from the anticipated results or other expectations
expressed in the forward-looking statements. A discussion of factors
that could cause actual results to differ materially from those
expressed in the forward-looking statements is included in the Greene
County Bancshares, Inc. filings with the Securities and Exchange
Commission.