First Federal Savings Bank Hires John Noland as Chief Credit Officer
Contact: Cindy Smith
March 29, 2011
CLARKSVILLE, Tenn. – First Federal Savings Bank (NASDAQ: FABK) announced that John Noland has been hired as the new Chief Credit Officer. In his new role, Mr. Noland will effectively manage the Bank's credit administration and credit approval process, while guiding the Bank's lending practices.
Mr. Noland has over 30 years of credit and lending experience. Most recently he was an Independent Consultant with J. Harris & Associates where he was responsible for educating community banks across the Southeast concerning Credit Risk Management. Prior to that he served as the Senior Vice President and Chief Credit Officer for New South Federal Savings Bank where he developed and implemented a formal risk rating program and created models to measure performance of the Bank's loan portfolios.
Earl O. Bradley III, Chief Executive Officer said, "John's strong knowledge and understanding of risk management and his years of lending experience will provide security for the Bank's lending in the future".
John is a native of Birmingham, AL and a graduate of the University of Alabama where he also received his MBA. He graduated from the Graduate School of Banking of the South at Louisiana State University. He served in the United States Army for 22 years retiring as a Lieutenant Colonel with the Army Reserve. He is an active member of several bank committees including Chair of the Asset Quality Review Committee, Management Loan Committee, Loan Compliance Committee, and IT Committee.
First Federal Savings Bank is a federally chartered savings bank and is a wholly-owned subsidiary of First Advantage Bancorp headquartered in Clarksville, TN. It is listed and traded on NASDAQ Global Markets under the symbol FABK. First Federal, the oldest locally-based bank in Montgomery County, has five banking locations, availability of 23 ATMs throughout Clarksville, and provides a full array of consumer, commercial, investment, and mortgage-based services. It is a member of the FDIC and is an Equal Housing Lender.