First US Bank Loan Production Office to Open in Birmingham
March 24 2016 - 4:05PM
Business Wire
First US Bank (the “Bank” or “FUSB”) today announced that it
will open its first commercial loan production office (“LPO”) in
the Birmingham market on April 4. The new LPO will be located at
300 Office Park Drive, Suite 175, off of U.S. Highway 280 in
Mountain Brook. This location will serve as the Bank’s 21st office
statewide. The Office Park location will be home to the Birmingham
commercial lending team as well as several members of the Bank’s
executive team, a number of whom reside in Birmingham. This
announcement follows recent filings by United Security Bancshares,
Inc. (“USBI”), the Bank’s parent company, with the Securities and
Exchange Commission (“SEC”) highlighting the Bank’s election to
proceed to closing on the purchase of nearly three acres located
along U.S. Highway 280 in Unincorporated Jefferson County. “We are
pleased to add an office in the Birmingham Metro Area as our 21st
location,” commented President and CEO James F. House.
“Our Birmingham commercial team members, previously conducting
business from other Bank locations, will make the Office Park
location their new home as they seek to increase the First US Bank
footprint in the metro area. We are committed to exceeding the
expectations of our customers and believe that this new office
location will significantly increase the level of service to our
commercial customers,” House said.
J. Samuel Henderson, III recently joined the FUSB team and
serves as the Executive Vice President for the Birmingham market.
“I am looking forward to opening our new LPO in Birmingham,”
Henderson said. “Our team is eager to meet the banking needs of
this growing community, and we want to continue building long-term
relationships.”
In addition to House and Henderson, the executive team that will
be housed at the new location will include Executive Vice President
and Chief Financial Officer, Thomas S. Elley, and Executive Vice
President and Chief Credit Officer, Anthony G. Cashio. “We are all
excited about our new location in the Birmingham Metro Area,”
Cashio said. “This has been a goal of ours for several years, and
it is now a reality. We are looking forward to better serving our
existing Birmingham customers and the opportunity to expand our
customer base with the addition of this new office.”
Established in 1952, First US Bank will continue to serve its
customers through its 21 offices located in Brent, Butler, Calera,
Centreville, Coffeeville, Columbiana, Fulton, Gilbertown, Grove
Hill, Harpersville, Jackson, McCalla, Thomasville, Taylorville,
Tuscaloosa, Woodstock, and now Birmingham. In October 2015, the
Bank opened its 20th location at 2619 University Boulevard in
downtown Tuscaloosa where a commercial lending team is located for
the Tuscaloosa market. The Bank holds more than $570 million in
assets, is a member of the Federal Deposit Insurance Corporation,
and is an Equal Opportunity Lender. For more information, contact
us at the Bank’s website, www.firstusbank.com, or by mail to First
US Bank, P. O. Box 249, Thomasville, AL 36784. USBI files periodic
reports with the SEC. Copies of its filings may be obtained through
the SEC’s website at www.sec.gov or www.firstusbank.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160324006147/en/
First US BankJ. Samuel Henderson, IIIEVP Birmingham Market
Executiveshenderson@firstusbank.com
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