Franklin Bank Names Veteran Banker Ashley P. Hill, III Chief Banking Officer

AshleyHill.jpgFranklin, TN - June 12, 2007 - Franklin banker Richard Herrington announced Tuesday that Ashley P. Hill, III will serve as Executive Vice President and Chief Banking Officer for Franklin Synergy Bank, currently being organized through the Tennessee Department of Financial Institutions. As Chief Banking Officer, Hill will oversee new business development and serve as senior lending officer.

Hill is a 24-year banking veteran, most recently serving as Director of Corporate Risk Management for Civitas BankGroup, parent of recently sold Cumberland Bank. Hill served as Chief Operating Officer at The Community Bank which merged with Cumberland Bank in 2003, and he had a critical role as part of the executive management team responsible for the turnaround at Cumberland Bank. Hill began his career at Third National Bank, rising to Commercial Relationship Manager before venturing into the community banking arena, at the former Brentwood National Bank and Trans Financial Bank. At Trans Financial, Hill was Community President for Davidson, Williamson, Maury, and Rutherford counties.

"Ashley is first and foremost a relationship builder", said Herrington. "While our customers will benefit from his lending experience and his management capability, the most valuable product Ashley brings to customers is the ability to customize a financial package that addresses all aspects of a customer's financial life", he continued.

A Certified Risk Professional, Hill is a graduate of Montgomery Bell Academy and Auburn University. He received a Masters in Banking from Graduate School of Banking of the South at LSU. Hill is also a graduate of the Tennessee Commercial Lending School of the Tennessee Banker's Association at Owen. Hill is Chairman of the Nashville Chapter of Delta Waterfowl Foundation.

Organizers expect Franklin Synergy Bank (in organization) to open during the fourth quarter of 2007 with an expected $25 million in capital raised from local investors. The bank will focus on real estate lending, business banking, government and non-profit banking.