HomeTrust Bancshares, Inc. Announces Appointment of New Director
August 31 2020 - 4:30PM
HomeTrust Bancshares, Inc. (the “Company”) (NASDAQ: HTBI), the
holding company for HomeTrust Bank (the “Bank”), announced today
that the Company’s Board of Directors (the “Board”) has appointed
Rebekah M. Lowe as a director of the Company, effective September
1, 2020. Ms. Lowe also has been appointed to the Board of Directors
of the Bank, effective September 1, 2020. Ms. Lowe has served as an
Advisory Director of the Company and the Bank since January
2020.
Ms. Lowe is the Chief Executive of FizzyWork
Executive Coaching, providing executives and teams with leadership
coaching that includes leadership dynamics, business culture
assessment & strategy, diversity & inclusion development,
and board development. Previously, she served in a variety of roles
at Wachovia Bank (now Wells Fargo) over a twenty-five-year career,
during which she rose to become its Regional President for Western
North Carolina. In that position, which brought her to Asheville,
Ms. Lowe oversaw all commercial and consumer lines of business in a
network that included more than six hundred employees across
forty-two branches. She also directed the market integration for
the First Union–Wachovia merger. Prior to coming to Asheville, she
was the Wachovia Regional Executive for East Florida, an area of
six million people. In that role, she led all commercial and
consumer lines of business.
Ms. Lowe’s professional credentials include
certification as a Leadership Coach and a Professional Certified
Coach (ICF). She is certified by Georgetown University’s Leadership
Coaching Program and has completed UNC-Chapel Hill’s Executive
Leadership Program as well as Duke University’s Senior Management
Development Program.
Ms. Lowe is also an active volunteer in the
communities where she has lived and currently serves on the Boards
of MemoryCare and Givens Communities. She has served on numerous
other Boards/Executive Committees including the United Way,
Chambers of Commerce, YMCA of Western North Carolina, Brevard
College, Helpmate Domestic Violence Shelter Benefit and Homeward
Bound’s Room in the Inn.
“Rebekah’s deep experience in the banking
industry makes her a natural fit for our Board,” says Dana
Stonestreet, Chairman, President & CEO. “She understands the
complex priorities involved in serving the needs of our customers,
employees and stockholders in a balanced, thoughtful manner. At the
same time, her unique expertise in diversity and inclusion
development as well as leadership and executive coaching will
enhance our board perspective in these important priority areas.
We are pleased to welcome her to our Board and look forward
to the valuable contributions she will bring to our Company.”
About HomeTrust Bancshares,
Inc.
HomeTrust Bancshares, Inc. is the holding
company for HomeTrust Bank. As of June 30, 2020, the Company
had total consolidated assets of $3.7 billion. The Bank, founded in
1926, is a North Carolina state chartered, community-focused
financial institution committed to providing value-added
relationship banking through 42 locations as well as online/mobile
channels. Locations include: North Carolina (including the
Asheville metropolitan area, the "Piedmont" region, Charlotte,
Cary, and Raleigh), Upstate South Carolina (Greenville), East
Tennessee (including Kingsport/Johnson City/Bristol, Knoxville, and
Morristown) and Southwest Virginia (including the Roanoke Valley).
The Bank is the 2nd largest community bank headquartered in North
Carolina.
Forward-Looking Statements
This press release includes "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements often include words such as
"believe," "expect," "anticipate," "estimate," and "intend" or
future or conditional verbs such as "will," "would," "should,"
"could," or "may." Forward-looking statements are not historical
facts but instead represent management's current expectations and
forecasts regarding future events, many of which are inherently
uncertain and outside of our control. Actual results may differ,
possibly materially, from those currently expected or projected in
these forward-looking statements. Factors that could cause our
actual results to differ materially from those described in the
forward-looking statements include: the effect of the COVID-19
pandemic, including on our credit quality and business operations,
as well as its impact on the general economic and financial market
conditions and other uncertainties resulting from the COVID-19
pandemic, such as the extent and duration of the impact on public
health, the U.S. and global economies, and consumer and corporate
customers, including economic activity, employment levels and
market liquidity; increased competitive pressures; changes in the
interest rate environment; changes in general economic conditions
and conditions within the securities markets; legislative and
regulatory changes; and other factors described in HomeTrust's
latest annual Report on Form 10-K and Quarterly Reports on Form
10-Q and other documents filed with or furnished to the Securities
and Exchange Commission - which are available on our website at
www.htb.com and on the SEC's website at www.sec.gov. Any of
the forward-looking statements that we make in this press release
or the documents we file with or furnish to the SEC are based upon
management's beliefs and assumptions at the time they are made and
may turn out to be wrong because of inaccurate assumptions we might
make, because of the factors described above or because of other
factors that we cannot foresee. We do not undertake and
specifically disclaim any obligation to revise any forward-looking
statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such
statements. These risks could cause our actual results for fiscal
2021 and beyond to differ materially from those expressed in any
forward-looking statements by, or on behalf of, us and could
negatively affect our operating and stock performance.
WEBSITE:
WWW.HOMETRUSTBANCSHARES.COM
Contact:HomeTrust Bancshares, Inc.Dana L.
Stonestreet – Chairman, President and Chief Executive OfficerTony
J. VunCannon – Executive Vice President, Chief Financial Officer,
Corporate Secretary and Treasurer 828-259-3939
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a10058e3-3a6a-4471-a4d7-dfd92af66277
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