RCB News Archives - River City Bank

Jamie Tallent Installed as Board Member of the Georgia Bankers Association

Wednesday, July 12, 2023

ATLANTA – Jamie C. Tallent, President and CEO of River City Bank in Rome, has been elected by his peers in north Georgia to serve a three-year term on the board of directors of the Georgia Bankers Association (GBA).

“We are delighted to welcome Jamie to the GBA board, and we look forward to benefiting from his wealth of experience and insight for the betterment of the industry and, most importantly, the communities, families and businesses that Georgia’s banks serve,” said Kim Wilson, GBA chairman and president and CEO of OneSouth Bank in Macon.

Tallent has more than 25 years of experience in the banking industry. He joined River City Bank as president and CEO in 2019 after having served in high level positions with several banks.

Tallent earned his B.B.A. in accounting and finance from Mercer University’s Stetson School of Business and Economics. He is also a 1999 graduate of the Georgia Banking School.

Active with the association, Tallent has long been a member of the GBA BankPAC Board of Directors.

About the Georgia Bankers Association: Founded in 1892, the Georgia Bankers Association promotes the general welfare and usefulness of banking and the preservation of a sound banking system. For 131 years, GBA has been the resource that empowers Georgia’s banks, providing effective government relations and public advocacy, a community of professional peers, top-quality education and professional development, and revenue-enhancing products and services.

River City Bank’s Full-Service Blairsville Branch Now Open

Wednesday, June 15, 2022

River City Bank is celebrating the opening of its first full-service branch located at 206 Hwy 515 E in Blairsville, GA. The tremendous success of our Mortgage and Loan Office, which opened in late 2020, has allowed us to expand our services and be able to offer full-service banking solutions in Union County. Our growth is a testament to our commitment to support and invest in the communities we serve.

Our full-service Blairsville Office offers a wide range of products and services including personal and business deposits, loans, mortgages, cash management as well as brokerage services. Customers can bank conveniently using our digital services such as online and mobile banking, mobile check deposit, bill payment, and Zelle person-to-person transfers.

Our team of local bankers look forward to providing exceptional value for our customers in Union County, helping them reach their financial goals through unrivaled care and customer-focused service.

“We are thrilled to be offering full-service banking in my hometown of Blairsville, Georgia,” said Jamie Tallent, President and CEO of River City Bank. “As a community-focused financial institution, we believe our core values and relationship-based banking philosophy meet the personal and business banking needs of Union County.”

“We have a great team of bankers who are true financial partners for our customers, and we are excited to expand and offer a complete suite of products and services from a community bank here in Blairsville,” stated Blairsville Market President, Scott Nanney.

The bank will hold a ribbon cutting celebration and open house in the near future. We would like to invite the Blairsville community to stop by, meet our River City team, and tour our new branch.

ABA Foundation Shares Tips for Avoiding Scholarship and Student Loan Scams

Wednesday, September 7, 2022

As part of its annual Get Smart About Credit campaign, the American Bankers Association (ABA) Foundation is providing consumers with information on common scholarship and student loan scams and tips on how to avoid falling victim.

With college costs on the rise, many students are in search of scholarships and federal student loans to help them pay for their education. The ABA reports that 84% of first-year students receive financial aid and 66% apply using Free Application for Student Aid (FAFSA).

Unfortunately, the high volume of scholarship and student loan applications also creates an opportunity for scam artists. More than $100 million is lost in scholarship scams every year and more than half of all students who applied for a private loan reported receiving a fraudulent loan, according to the FTC.

“We think it’s critically important to help spread the word on the prevalence of these scams and what students and parents can do to protect themselves during the application process,” said Lindsay Torrico, executive director of the ABA Foundation. “With the Biden administration’s recent decision to offer student debt relief to millions of borrowers, we want consumers to be particularly vigilant and informed as they navigate the new forgiveness program. Paying for college is challenging enough without losing money to these bad actors.”

The ABA Foundation offers three quick tips for how to stay safe while applying for scholarships and student loans:

  1. Never share FAFSA information.
  2. Only solicit loans from companies identified by the Department of Education.
  3. Never pay to apply for college scholarships.

If you or your family encounter suspected scholarship scams, report them immediately to the following government agencies:

 

About the American Bankers Association

The American Bankers Association is the voice of the nation’s $24 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $19.9 trillion in deposits and extend $11.4 trillion in loans.

About the ABA Foundation

Through its leadership, partnerships, and national programs, ABA’s Community Engagement Foundation (dba ABA Foundation), a 501(c)3, helps bankers provide financial education to individuals at every age, elevate issues around affordable housing and community development, and achieve corporate social responsibility objectives to improve the well-being of their customers and their communities.

River City Announces the Appointment of Two New Board Members

Monday, September 19, 2022

River City Bank announces the addition of Tushar Patel and Penny Evans-Plants to its Board of Directors effective September 1st. Both individuals were also appointed to serve on the Board of the bank’s holding company, RCB Financial Corporation.

“We are pleased to welcome Tushar and Penny to the River City Bank Board,” stated King Askew, Board Chairman. “I look forward to working with them and the rest of the Board as we move into the next phase of the company’s growth strategy.”

Tushar Patel“I am truly honored to serve on the Board of Directors of River City Bank,” stated Mr. Patel. Tushar Patel began his professional career as an Instrumentation Engineer with G.E. Lighting & Atlantic Steele. For the past 26 years, he has been a real estate developer and manager, developing C-Stores and QSR (quick service restaurants), which he also owns and manages. These include Zaxby’s, Dunkin Donuts, and hotels under the Holiday Inn Express brand. Mr. Patel holds a Bachelor of Science degree in Instrumentation Engineering.

Penny Evans-PlantsPenny Evans-Plants serves as the Chief Information Officer for Berry College. She has been with Berry College for thirty years and has served in her current capacity for eleven years. She earned her master’s degree in Information Systems from Kennesaw State University and her Bachelor of Arts degree in Business Administration and French from Berry College. Penny shared that she is “excited to join the Board of River City Bank in large part because of their focus on investing in technology and people. RCB emphasizes the importance of culture and strives to create a high-tech, high-touch environment that benefits its team members and customers.”

Jamie Tallent, President & CEO commented, “River City Bank is fortunate to have these two accomplished professionals join its Board of Directors. Their diverse expertise and insight will add tremendous value to our Board, and I am confident they will provide invaluable guidance in helping us achieve the strategic goals of our Company. Both individuals are dynamic and experienced leaders in their industries and exemplify the core values of River City Bank.”

River City Bank Opens a Loan Production Office in Dawsonville, Georgia

Friday, January 13, 2023

River City Bank, a community bank headquartered in Rome, Georgia, announces the opening of its Loan Production Office in Dawsonville, Georgia. The office, located at 32 Jack Heard Road, Suite 105, is currently open to customers and offers a full suite of competitive consumer, construction, commercial, and mortgage lending solutions.

The loan production office is led by Market President, Will Wade, who is a long-term resident of Dawson County, an experienced banker, and an active leader in the community. Will joined River City Bank in 2021 after serving as Senior Vice President, Market President at a financial institution in Lumpkin/Dawson Counties. His banking career spans over 20 years and includes consumer lending, consumer real estate, construction, and commercial banking experience. He is deeply connected to the communities of North Georgia where he volunteers and serves on multiple civic and non-profit organizations while also currently serving as the State House Representative for District 9. Will shared, “I am thrilled to be a part of a true community bank, and I’m eager to officially welcome Dawson County to River City. I look forward to leading our local team to serve the lending needs of the citizens and businesses in Dawson County.”

Jamie Tallent, President & CEO, stated, “We are excited to continue the strategic expansion of our company’s geographic footprint bringing our brand of banking to Dawson County. Will has served this community for over two decades and has become a reliable and trusted financial resource and leader. I’m excited for Will to have this opportunity to reconnect and serve his customers and the community once more. Having grown up in northeast Georgia, I am very familiar with Dawson County, its people, its rich heritage, and the future growth opportunities that are rapidly changing this dynamic market. It’s for these reasons I believe expanding into Dawson County is both right for the community and our company. Our team of dedicated bankers are committed and focused on building trust and earning our customers business one day at a time by consistently delivering class-leading customer service, matched with competitive products and services. We are very excited about our future in Dawson County.”

River City Bank Launches SBA Division

Tuesday, February 7, 2023

River City Bank announces the launch of its new Small Business Administration (SBA) Division, which is led by Reece Sanford, Senior Vice President, Director of Government Guaranteed Lending, and Piper Douglas, Senior Vice President, SBA Senior Credit Officer.

SBA loans offer flexible lending solutions for small businesses, allowing them to be successful. They are ideal for small businesses looking to acquire or expand a business, looking for competitive terms for a partnership buyout or succession planning, buying commercial real estate, or consolidating debt. SBA loans are government-guaranteed, backed by the Small Business Administration, and financed through a local financial institution.

Small businesses are the economic lifeblood of our communities, and River City Bank is committed to supporting those businesses by working with them to customize a plan that will help them be successful and accomplish their business goals.

Reece SanfordAs director of River City Bank’s SBA Division, Reece Sanford stated, “This year is going to be a busy one. I’m very excited about this new adventure. I look forward to working with small business owners, and helping them meet their financial goals.”

Reece’s 16-year career comprises extensive experience in credit analysis and all facets of SBA lending and SBA management. He received his Bachelor of Business Administration in Finance from the University of Georgia and completed his Master of Business Administration at Kennesaw State University. Reece is a lifetime resident of Ellijay, Georgia, and continues to give back to his hometown through his professional and civic activities. He currently serves as the Chairman of the City of Ellijay Downtown Development Authority, is a Trustee for the City of Ellijay, and serves as Secretary for the Gilmer County Library Board.

Piper DouglasPiper Douglas brings 28 years of banking experience to River City and the SBA team. She has held positions in commercial lending, SBA lending and underwriting, credit analysis, credit review, and portfolio management. She has extensive SBA knowledge including credit underwriting, construction lending, loan servicing, and liquidation. During her tenure with SBA lending, Piper found that “access to capital is critical to starting and sustaining a successful small business. She is “thrilled to hit the ground running with the intent to provide much needed support to small businesses in the communities we serve.” Piper received her Bachelor of Science in Business Administration from Cleary University.

Jamie Tallent, President and CEO of River City Bank shared, “Reece and Piper are highly skilled financial leaders with a broad range of experience in SBA lending and underwriting. Their proven performance and experience with government-guaranteed lending will be instrumental as we develop and grow River City Bank’s SBA program. This is an exciting time for our bank as this will give us the opportunity to serve even more small businesses in our local communities.”

Ella Givens Joins River City Bank as Marketing & Community Relations Manager

Tuesday, February 28, 2023

River City Bank is pleased to welcome Ella Givens as Marketing and Community Relations Manager. In this role, Ella will support the strategic marketing initiatives for River City Bank through digital and print media, as well as community and public relations.

“I am excited to have Ella join our River City Bank team,” said Jennifer Selman, Senior Vice President and Director of Marketing. “She is a strategic thinker and is highly collaborative, which makes her a great cultural fit.”

A Rome native, Ella has a passion for people and is active in our local community. She is a member of the Rome Floyd Chamber’s Young Professionals and enjoys volunteering with local civic and non-profit organizations. 

Jamie Tallent, President & CEO, stated, “We are delighted that Ella has joined our team here at River City Bank. She is an excellent addition to our company. Ella will be an integral part of our marketing team and the timing of her hire is planned precisely with our continued expansion efforts across North Georgia.”

Ella attended The University of Alabama’s Culverhouse College of Business where she earned her bachelor’s degree in Marketing. In her free time, she enjoys art, home improvement projects, traveling, and spending time with her family and friends. 

Message to all River City Bank Stakeholders from CEO Jamie Tallent

Monday, March 13, 2023

Dear River City Bank Stakeholders,

We know many of you are following the news regarding Silicon Valley Bank (CA) and Signature Bank (NY), and the concurrent response from federal and state regulators.

While we cannot comment on the specific challenges at these institutions, we want to assure you that our risk practices and industry exposures are in stark contrast to these two institutions. We are a community bank focusing on small businesses and diverse industries within the communities we serve.  We have always prioritized safety and soundness, profitability, and growth in that order.  Our risk management processes have resulted in strong capital and liquidity positions, which will allow us to continue to serve all current and prospective customers.

If you know a business owner or individual affected by this unfortunate situation, please let them know that River City Bank is here to help.

We will remain vigilant as your community partner to changing market conditions and economic developments. We encourage you to reach out if you have any questions about how these events affect your deposits or any facet of our ongoing relationship.

Sincerely,

Jamie C. Tallent

River City Bank President & Chief Executive Officer

Madison Wilder Joins RCB Wealth Management as Financial Representative

Friday, May 5, 2023

River City Bank and LPL Financial are pleased to announce the addition of Madison Wilder as Financial Representative with the RCB Wealth Management team. In this role, Madison will work directly with clients to determine their financial needs and recommend customized financial solutions.

Prior to joining RCB Wealth Management, Madison was a Financial Representative with Fidelity Investments as well as a Retirement Specialist with Cornerstone Wealth Advisory, both located in Charleston, South Carolina. Madison completed an internship with River City Bank during her final semester of college and subsequently began her career as a Loan Operations Specialist following graduation in 2021.

Kitty Barton, SVP and Director of RCB Wealth Management commented, “Our team is excited to bring Madison back to her hometown for the next stage of her career. She will be a great resource in helping our clients achieve financial success.”

Madison is a Rome native and earned her Bachelor of Science Degree in Finance from Berry College. She holds multiple licenses and certifications, including FINRA Securities Industry Essentials, FINRA Series 7, and FINRA Series 63, as well as Life, Accident, & Health or Sickness Insurance License.

Jamie Tallent, President and CEO of River City Bank, stated, “We are thrilled to welcome Madison to the RCB Wealth Management group. She is an excellent addition to the team and her knowledge and skills will be instrumental in helping us continue to provide exceptional services and support to our clients.”

LPL Financial is the nation’s leading provider of third-party investment services to banks and credit unions, offering insurance and investment services to approximately 800 banks and credit unions nationwide*. LPL provides personalized support, a robust, integrated technology platform, investment solutions and practice management resources that enable the delivery of objective financial advice.

*Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine); No. 1 provide of third-party brokerage services to banks and credit unions (2020-2022 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 as of June 2021.

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. River City Bank and RCB Financial Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using RCB Financial Services and may also be employees of River City Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of River City Bank or RCB Financial Services. Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations |  May Lose Value

River City Bank’s Full-Service Blairsville Branch Celebrates One-Year Anniversary

Thursday, June 8, 2023

River City Bank’s full-service Blairsville office opened its doors with a mission to provide exceptional value to the Union County community, helping customers reach their financial goals through offering personalized products and unrivaled customer service. One year later, we are humbled and excited to celebrate our first anniversary on Tuesday, June 13th.

The success of the past twelve months is attributed to our outstanding customers and the invaluable trust they have placed in our team. We express our deepest gratitude for their ongoing support and loyalty to River City Bank. To celebrate this significant milestone, our team invites the community to visit our Blairsville office for a sweet treat throughout the week of June 12th.

“I would like to express our deep appreciation for the overwhelming support we have received from Union County,” stated Scott Nanney, River City Bank Market President. “From the moment we opened our doors, the community has embraced River City Bank, demonstrating their trust and confidence in our ability to serve their financial needs. The warm welcome and customer loyalty we have experienced reaffirm our commitment to serving as a reliable financial partner for many years to come.”

The River City Bank Blairsville team has a combined 194 years of local banking experience.

As your hometown community bank, we are committed to supporting local businesses, families, and individuals. Our Blairsville team is actively involved in the community, sponsoring local events, providing financial education, and consistently volunteering time and resources to support local nonprofit organizations.

“I am extremely proud of our team of local bankers and their commitment to providing personalized service and financial solutions to the citizens and businesses of Union County,” stated Jamie Tallent, President and CEO. “We are immensely grateful for the trust and support from our community, and we look forward to many more years of growth and success with this exceptional team.”

River City Bank offers a wide range of products and services, including personal and business deposits, mortgages, small business loans, treasury management, and brokerage services. Customers can bank conveniently using our digital services, such as online and mobile banking, mobile check deposit, bill pay, and Zelle person-to-person payments.

Whether you’re looking to switch to a locally owned bank or simply curious about our products and services, we would love the opportunity to earn your business. We invite you to visit our Blairsville team today.

Located at 206 Hwy 515 E in Blairsville, GA, River City Bank is open Monday through Friday from 8:00 AM to 5:00 PM and on Saturdays from 9:00 AM to 12:00 PM. For more information, visit www.rivercity.bank.