Georgia Banking Company Announces Leadership Changes

Atlanta, Georgia, November 8, 2024 - Georgia Banking Company (GBC) is pleased to announce the appointment of Jeff Kraus as Chief Financial Officer, effective early 2025. Mr. Kraus, currently the Director of Finance, will succeed Rob Cochran, who will retire in the first quarter of 2025.

"Rob has been a driving force behind many of our significant accomplishments over the past three years. His expertise and leadership will be deeply missed. However, I am confident that Jeff will continue to build on the solid foundation Rob has established. Jeff's deep understanding of our strategic goals and vision will be instrumental in ensuring a seamless transition and driving our future success," stated Bartow Morgan, Jr.,CEO of GBC.

Jeff brings extensive experience to his new role. With a diverse background spanning over 25 years, he has held various positions, including Chief Financial Officer and Treasurer at other financial institutions. Additionally, Jeff has been a vital part of GBC's finance team, overseeing key financial operations and contributing to strategic planning initiatives. His leadership has been pivotal in navigating complex financial landscapes and driving growth. Jeff's commitment to excellence and his collaborative approach have earned him the respect and trust of his colleagues and industry peers. He earned his BS in Accounting from Liberty University.

Georgia Banking Company (GBC) is a locally owned community bank headquartered in Atlanta, GA. As of September 30, 2024, GBC has approximately $2.08 billion in total assets, which is a testament to its unwavering commitment to financial strength and stability. Guided by the leadership of fifth-generation banker CEO Bartow Morgan, Jr., GBC aims to be the Bank of Choice for metro Atlanta. The dedicated and experienced team at GBC shares a profound passion for service excellence and community impact. In support of its commitment to fostering economic growth and supporting local communities, GBC was recently recognized as #1 for customers' willingness to recommend to others. Additionally, for the second year in a row, GBC was recognized by the Atlanta Journal-Constitution as a Top Workplace. GBC endeavors to leverage the latest technology advancements to meet the evolving needs of its customers while maintaining the personal touch that defines community banking. Member FDIC

Contact:

Margaret Whieldon
Georgia Banking Company
SVP/Director of Marketing
mwhieldon@GeorgiaBanking.com