Having been involved since the founding of Avenue Bank, and witnessing our early momentum despite the challenging economic environment makes me even more excited about the future of our organization.
Nashville, Tenn. (Vocus) April 21, 2010
Andy Moats, a Nashville native and one of the founding staff managers of Avenue Bank, was promoted to Executive Vice-President and Chief Credit Officer of the bank.
His appointment was announced today by Ronald L. Samuels, President and Chief Executive Officer. Mr. Moats will succeed Gene Whittle, who departed the bank.
In his new position, Mr. Moats is responsible for managing credit administration and credit policy for Avenue Bank. Mr. Samuels noted that Mr. Moats was one of the bankers who participated in the organization of the new bank, which will mark its third year anniversary in July.
“Andy has been with the Avenue team literally since Day One,” Mr. Samuels noted. “He has been an outstanding contributor, leader and mentor and will serve our company well in this vital role. Credit quality has always been a top priority for our company, and we are confident of Andy’s leadership in this arena.”
Mr. Moats was named Senior Vice President and Director of Credit Underwriting in July 2007, when Avenue Bank commenced operations as Nashville’s newest community banking organization.
In that capacity, he has led Avenue’s consumer and commercial credit underwriting team. He also has been responsible for branch site selection and acquisition, and serves as the bank’s Community Reinvestment Officer and as a primary contact for bank regulators. During the bank’s initial formation, he assisted in writing the business plan and establishing bank policies and procedures. He is active in communication with the bank’s Board of Directors, and investor relations.
Before joining Avenue’s start-up team, he had previously been a Regional Commercial Real Estate Credit Director for Regions Bank. He began his career in the credit underwriting department of Union Planters Bank in 2000.
He is a 1995 graduate of Montgomery Bell Academy and Vanderbilt University, where he earned a B.A. degree in economics in 1999.
“I am honored to be asked to serve in this role, especially recognizing the importance of credit quality to our bank’s success,” Mr. Moats said. “Having been involved since the founding of Avenue Bank, and witnessing our early momentum despite the challenging economic environment makes me even more excited about the future of our organization.”
Moats is a member of the Board of Directors and serves as Treasurer of the Exchange Club Family Center, a not for profit organization which promotes healthy and happy families by reducing the occurrence and effects of child abuse and neglect. He is an alumnus of the inaugural class (2003) of Nashville Emerging Leaders and has served on the Board of Directors for the organization. He is a volunteer and advisory committee member for other non-profit organizations including: The Shalom Foundation, Family and Children’s Services, and The Oasis Center.
Moats is a member of professional organizations including The Risk Management Association (RMA), NAIOP Commercial Real Estate Development Association, and The Country Music Association (CMA).
ABOUT AVENUE BANK
Avenue Bank opened in July, 2007, and aims to be Nashville’s signature bank. Avenue Bank offers business and personal banking services through a team of professionals dedicated to serving the creative spirit of Nashville. The bank’s name reflects the creative, entrepreneurial, friendly and boutique environment which clients immediately experience on arrival – including Avenue’s unique “concierge service.”
Avenue Bank has been recognized as a “top employer” by Business Tennessee and the Nashville Business Journal. Avenue Bank’s headquarters office is in the historic Baggage Building at Union Station, with branches in Nashville and Franklin. For more information, visit http://www.thedifferenceisreal.com
CONTACTS: Lisa Meiers (615) 744-2902 / Elizabeth Fielding (615) 321-3110