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BankSouth Expands Buckhead Footprint and Names Mortgage CEO as Market President

Aug 15, 2016 News

ATLANTA, Ga. – BankSouth names Kim Nelson, its current mortgage subsidiary CEO, as their Atlanta Market President.  The bank branch and current mortgage headquarters will relocate from their Hammond Drive location to the Forum at West Paces later this month.  Nelson will remain CEO for BankSouth Mortgage and is charged with running the bank’s Atlanta operations.

BankSouth, founded in 1946, is a family-owned community bank headquartered at Lake Oconee with $492 million in assets serving customers locally as well as in the Watkinsville, Athens, Atlanta, and Savannah areas. BankSouth has been continuously recognized as a top performing community bank in the nation.  Focusing on providing superior customer service, BankSouth offers personal and business banking solutions, lending and mortgage products as well as wealth management services.

In 2008, mortgage industry phenomenon, Kim Nelson, founded an independent mortgage company at the height of a financial crisis confident she could create a better option for consumers’ mortgage experience. Kim and her team later aligned with BankSouth and BankSouth Mortgage now operates nine locations throughout Georgia with a brand reputation of mortgage excellence.

“Over the past 70 years, we have experienced incredible growth and progress as an organization.   The decision to partner with Kim Nelson and her mortgage team was certainly one of BankSouth’s greatest strategic advancements.  From the beginning, Kim has demonstrated unmatched vision, determination, and leadership.  With the BankSouth Mortgage team, she launched a mortgage company at the peak of the 2008 housing industry crisis that is now the #1 new construction lender in Georgia and the #10 Atlanta Business Chronicle’s Best Places to Work.  She proves time after time that even the most challenging goals can be met with hard work and innovative thinking making her uniquely qualified and positioned to assume the additional role of BankSouth’s Atlanta Market President while continuing to serve as the CEO of BankSouth Mortgage. Her natural drive and business savvy will greatly benefit our Atlanta operations and enhance customer relationship optimization for the enterprise,” said Harold Reynolds, chairman and CEO, BankSouth.

“Having worked for several large financial institutions, I never realized the incredible difference of working with a community bank until I partnered with BankSouth,” said Nelson.  “Relationships are the priority and decisions are made locally.  In the mortgage industry, relationships are also crucial to success, and, I believe, this common value is a key driver for the synergies that continue to grow between our bank and mortgage divisions.  BankSouth not only prioritizes relationships but couples this with quality products, cutting edge technology and services, and most importantly, superior customer service.  Our approach to banking is what sets us apart: it’s a family business that happens to be a bank; we are entrepreneurs at heart; and this drives us to focus on processes, measurable deliverables, and maintaining a willingness to adjust to changing environments, opportunities, and markets.  I am honored to serve as our Atlanta Market President and show our city the value of relationship banking,” stated Nelson.

BankSouth Mortgage’s headquarters have been located at Lakeside Commons since its inception and the adjacent Atlanta bank branch was opened in 2014.  “We work to serve as our customers’ trusted advisors throughout their financial milestones, whether that includes traditional banking services, buying a first home, or building the home of one’s dreams.  Transactions are forgotten, experiences are not.  Creating and enhancing relationships is our top enterprise objective, and the move to Buckhead strategically advances our opportunities for relationship optimization,” said Reynolds.

Alongside Nelson, the BankSouth Atlanta team consists of William Mansfield, III “Tripp,” VP, Banking, Relationship Manager, Stephanie Brown, VP, Commercial Lender, Shawn Shuman, AVP, Branch Manager, Mary Cowan, Loan Assistant, Mathew Bergen, Portfolio Manager, and Paige Banks, Teller.  In addition, Nelson is accompanied by the BankSouth Mortgage management team.

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ABOUT BANKSOUTH:

BankSouth, founded in 1946, is a community bank headquartered at Lake Oconee with $492 million in assets serving customers locally as well as in the Watkinsville/Athens, Atlanta and Savannah areas. BankSouth has been continuously recognized as one of the top performing community banks in the nation.  Focusing on providing superior customer service, BankSouth offers personal and business banking solutions, lending and mortgage products as well as wealth management services.  BankSouth Mortgage, headquartered in Atlanta, Georgia, is the third-largest purchase mortgage and first-largest construction mortgage provider in Georgia. The retail mortgage arm offers premier mortgage services and products with 9 locations and wide area network of strategically placed “best in class” mortgage bankers in the Georgia.

banksouth.com

www.banksouthmortgage.com

MEDIA CONTACT:                                               

Amy Miller

VP, Marketing BankSouth

[email protected]

(770) 709-6785

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