GBC Launches New Payments & Technology Banking Group

Atlanta, GA (April 11, 2023) - Georgia Banking Company (GBC), a leading Atlanta-based community bank, announced today the establishment of its new Payments & Technology Banking Group to cater to the complex payment needs of businesses. The new group will provide high-volume payments, complex treasury solutions, technology partnership and other corporate banking services. The group will serve industries including payroll & HR services, financial technology, bill payment, insurance & medical payments, and other high-volume payment segments that require innovative money movement expertise. This strategic expansion allows GBC to offer customers a broader range of financial solutions while continuing to prioritize core bank deposit growth and diversify into other areas of banking.

Nathan Ottinger will lead the new Payments & Technology Banking Group supported by a team of experienced banking professionals including Chris Stanley, Sam Gleaton, Patrick Spurgin and Jim Ogle.

"We are excited to launch our new Payments & Technology Banking Group and provide our clients with an industry-leading client experience," said Bartow Morgan Jr., CEO of GBC. "With the establishment of this group, we are demonstrating our commitment to meeting the evolving needs of our clients in today's rapidly changing financial landscape."

GBC's Payments & Technology Banking Group will focus on delivering innovative payment solutions while maintaining a commitment to providing exceptional service and operational excellence. "The launch of our new Payments & Technology Banking Group underscores our commitment to providing cutting-edge financial solutions to our clients while prioritizing the strategic growth of our core bank," added Richard Fairey, President and Chief Operating Officer of GBC. "

GBC's new Payments & Technology Banking Group adds another layer of expertise to the bank's existing suite of capabilities and solidifies GBC's position in the market to support the unique and complex payment needs of businesses.

GBC is a locally owned community bank headquartered in Atlanta, Georgia, with approximately $1.5 billion in assets as of December 31, 2022. Led by fifth-generation banker CEO Bartow Morgan, Jr., GBC's team of veteran bankers is focused on leveraging technology to deliver an exceptional service experience to meet the needs of growing businesses and consumers. GBC was named as a 2023 Top Workplace by the AJC. To learn more, visit GeorgiaBanking.com.

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