NEWS - Banking & Finance

In January 2010, one of Savannah’s city bank presidents, David T. Davis jumped over to “the other side” of the banking industy, leaving Colony Bank to join the FDIC in the Savannah area as Corporate Manager, Asset Management.

Davis led Colony Bank in the Coastal Georgia area as Market President from February 2008 until May 2009, and is well known in Georgia banking circles.
At Colony Bank, he is credited with increasing the bank’s commercial loan portfolio 26% in 2008, and increased the number of core DDA accounts 28% in the first quarter of 2009.

He is the former President/CEO and Founding Director of Landmark Bank of Savannah, From June 2006 through October 2007, he led a group of 22 investors to organize and charter a denovo bank in Savannah, including managed and directing the entire process of developing the proposed Bank’s Charter application, and raised $7.5 million dollars in organizer within commitments in 30 days.

He also held management positions at Region’s Bank and was with Wachovia Bank in the Savannah area for a number of years.