Scott Cox Takes On Role of Senior Commercial Lending Executive at First US Bank

Scott Cox Takes On New Role at First US Bank

In a significant development for First US Bank, Scott Cox has been appointed as the Senior Commercial Lending Executive. With a rich background in commercial banking, Cox comes aboard with an impressive track record spanning over 27 years in the industry, encompassing corporate banking, business banking, and wealth management.

Cox earned his bachelor’s degree in economics from the University of North Carolina at Chapel Hill. His most recent role was as the East Region Market CEO for BBVA USA, where he managed commercial banking offices and community markets. In his new position at First US Bank, he will spearhead a team of skilled commercial lenders, aiming to enhance the bank's presence in key markets, particularly in Alabama and East Tennessee.

Commitment to Growth

James F. House, Chairman, President, and CEO of First US Bank, welcomed Cox warmly, highlighting his proven success and the value he will bring to the team. “Scott has a remarkable record of achievement; his expertise is crucial as we aim to deepen our client relationships and strengthen our standing in the markets we serve,” he commented.

Cox expressed enthusiasm for joining First US Bank, stating, “It’s an honor to be part of a well-established institution that is on an upward trajectory. I look forward to working with our exceptional commercial team to further boost our influence across our operational areas.”

About First US Bancshares, Inc.

First US Bank serves as a wholly-owned subsidiary of First US Bancshares, Inc. The bank operates its services across Alabama, Tennessee, and Virginia, providing a range of banking solutions. The company files periodic reports with the U.S. Securities and Exchange Commission, details of which can be accessed via their website at www.sec.gov or www.firstusbank.com. The stock is traded on the Nasdaq Capital Market under the ticker symbol "FUSB."

Cox’s entry into First US Bank comes at a pivotal time as the institution is poised for growth, particularly in the commercial lending sector. His leadership is anticipated to not only boost the bank’s market presence but also reinforce its commitment to client-focused service.

This appointment highlights the ongoing trend within the banking industry, where experienced professionals are increasingly sought after to drive strategic development. In a competitive landscape, the integration of veteran executives like Cox is vital for establishing trust and expanding market share.

First US Bank is committed to navigating the complexities of the banking environment, ensuring that it remains a dependable partner for its clients. With Cox at the helm of its commercial lending efforts, the bank looks to address the evolving needs of businesses in its service areas, ensuring robust financial solutions that foster growth.

Looking Ahead

As First US Bank continues to evolve, it remains focused on developing strong relationships within the community and delivering exceptional banking services. Cox’s leadership role is expected to play a crucial part in achieving these objectives.

In conclusion, Scott Cox's arrival signals a positive step for First US Bank, promising to bring innovation and a results-oriented approach to its commercial lending agenda, thereby contributing to the institution's growth in the banking sector.

For investors and analysts, it's essential to monitor how these changes will impact First US Bank’s performance in the coming months. Further public disclosures and updates on the bank's initiatives under Cox’s leadership will be closely observed as the bank navigates through market challenges and opportunities alike.