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Montgomery will oversee lending operations in Marion, Ark.
Marion, Ark. – Southern Bancorp Bank, a Community Development Financial Institution (CDFI), has announced the promotion of Micah Montgomery to City President. Montgomery has been with Southern Bancorp since 2022, most recently serving as a commercial loan officer for the bank’s Marion, Ark., market.
“I am happy to welcome Micah into his new role of City President,” said Jeremy Hurst, Division President. “Micah has been a great leader for both our mission-focused institution and his community for many years, and I look forward to the continued impacts he and his team will help generate for Marion and the surrounding area in this new role.”
Montgomery brings more than 10 years of experience in banking and finance to his new position. He has been with Southern Bancorp since 2022, first as an accountant upon the CDFI’s acquisition of Premier Bank, which operated branches in Marion, West Memphis, and Jonesboro, Ark., before growing into his most recent role as commercial loan officer. He joined Premier Bank in 2019 as controller, and prior to that served as Chief Financial Officer for West Memphis Fence & Construction.
As City President, Montgomery will oversee all lending operations in Southern Bancorp’s Marion, Ark., market.
“It’s an honor to work for such an impactful, mission-focused bank, and I’m humbled for the opportunity to grow into this new role and continue to help our neighbors build strong financial futures here at Southern Bancorp,” said Montgomery. “
Montgomery received his Bachelor of Business Administration in Accounting from the University of Memphis in 2012. An active member of his community both through the bank and outside of it, he is a Board Member and Treasurer of the 8th Street Mission for Jesus Christ, Board Member and Treasurer of the West Memphis Police Foundation, and also serves on the boards for Esperanza Bonanza and the Marion Chamber of Commerce.
About Southern Bancorp
Founded in 1986 by some of the nation’s leading political, business, and philanthropic leaders with an initial investment of $10 million, Southern Bancorp, Inc., along with its development partners – Southern Bancorp Bank and Southern Bancorp Community Partners – has grown into a $2.8 billion asset organization with 56 locations serving 65,000 customers across two states. Southern Bancorp has a unique array of financial products and services designed to help individuals at all stages of life’s financial journey – from teaching kids how to save to helping entrepreneurs and families realize the American Dream. Southern Bancorp is a certified Community Development Financial Institution, certified B-Corp, and proud member of the Global Alliance for Banking on Values. Learn more at www.BankSouthern.com and www.SouthernPartners.org.