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First Security Group Completes Transformation Of Executive Management Team

Stocks in this article: FSGI

“When Joe was hired, FSG’s loan portfolio had been shrinking at a rapid pace for nearly two years. Joe was charged with reversing that trend. He has provided strong leadership, support and motivation to our commercial lenders,” said CEO Kramer. “I am pleased to report that Joe and his bankers have achieved a net increase in loans for the last two months. They have also built a strong pipeline to continue that trend. Most importantly, he has done this with no compromise to our credit standards.”

Martin Schrodt, EVP and Retail Banking Officer

Mr. Schrodt, as FSGBank’s Retail Banking Officer, is responsible for branch operations and retail line of business activities. Mr. Schrodt joins FSGBank from Regions Bank where he served as Vice President, Market Manager-Consumer Banking since 2006. Prior to Regions Bank, Mr. Schrodt was Senior Vice President, Head of Retail Banking for Citizens and Farmers Bank. Mr. Schrodt also spent seven years at PNC Bank where he was promoted four times, concluding his tenure as Region Executive, VP-Retail Banking.

“With 30 branches throughout north Georgia, middle and east Tennessee, FSGBank has the infrastructure for significant deposit growth. I look forward to working with our market leaders and branch sales managers to better leverage our branches,” said Retail Banking Officer Schrodt. “It is a pleasure to join the FSG team.”

“One of the most important tenets of the future success of FSGBank is building deposit market share throughout our footprint. That starts with our branch team members and providing a full array of deposit products and services to meet our customers’ needs,” said CEO Michael Kramer. “Martin will ensure we are meeting the needs of our customers and will be responsible for growing our deposits. Based on his proven track record, we are confident Martin will help FSG succeed.”

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