Corporate Press Releases

Randy E. Dobbs Appointed Director of Verity Bank

March 21, 2012

Steven F. Smith, COO of Verity Bank announced today that Verity Bank has received final approval from the Georgia Department of Banking & Finance and the FDIC to branch in Habersham County. “We are pleased to begin our expansion efforts in Habersham. The community has been very supportive and for that we are truly thankful. We believe that Habersham is the right place for Verity Bank to open its second office and we believe it’s the right time to bring a strong community bank to Habersham”, said Smith.

Verity Bank, opened its doors in Winder, Georgia on Monday, October 27th after raising $21.7 million in capital and has been growing steadily ever since. Currently Verity Bank is $150MM in assets and is well capitalized.

“Mike Duncan, a native of Habersham County and long time community banker, will be leading the new Verity office. Since joining Verity Bank in 2010, Mr. Duncan has done a great job in building a strong client base in Habersham. His success has proven to us that Verity Bank has the right person in place to lead our Habersham office. Mr. Duncan believes in the same service philosophy that our organization was founded on and we are excited to have such a trusted banker leading our growth and expansion in Habersham”, said Smith. He further added, “The employees at Verity bank share many things in common, but the most important thing they share is that they care about their clients and Mike Duncan certainly demonstrates that. The Board of Directors and the staff of Verity Bank are very excited to be coming to Habersham”.

 

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