First Community Bank Welcomes New Executive Leadership
In an exciting development for First Community Bank, Sarah Donley has been appointed as the Executive Vice President and Chief Operations & Risk Officer. This significant transition comes as the bank bids farewell to Tanya Butts, who has dedicated eight years to this essential role.
Introducing Sarah Donley
Ms. Donley is not new to First Community; she has been part of the organization since 1997 and has steadily climbed the ranks to her recent role as Controller. With a career spanning more than 35 years in banking, and extensive experience at First Community, she is well-prepared to take on the responsibilities of COO/CRO, overseeing vital areas such as electronic banking and compliance.
A Strong Track Record
Her long-standing presence at First Community equips her with a thorough understanding of the bank's operations. As Chief Operations and Risk Officer, Donley will manage crucial departments, including audit, financial crimes management, and physical security. This breadth of experience positions her as an ideal leader to drive the bank's strategic objectives.
Educational Background and Community Involvement
Donley graduated with a Bachelor of Arts in Economics, complemented by minors in Business Administration and Psychology from Wittenberg University. She is also a Certified Public Accountant (CPA) and a proud graduate of the First Community Bank Leadership Institute. Outside her professional life, she actively supports local initiatives such as Midlands Reading Consortium and Palmetto Place, showcasing her commitment to community welfare.
Leadership Insights
Ted Nissen, President and CEO of First Community Bank, expressed his enthusiasm for Donley's new role. He emphasized her integral contributions since she joined the bank and highlighted the value she brings with her nearly three decades of institutional knowledge. Nissen also acknowledged Tanya Butts for her dedication and assured that she would remain as Executive Vice President and Senior Advisor to ensure a seamless transition.
About First Community Bank
First Community Bank stands as a full-service commercial bank, dedicated to providing a variety of deposit and loan products, alongside residential mortgage lending and financial advisory services. The bank services its clientele across several regions, enhancing financial access and support to local businesses and consumers alike.
Frequently Asked Questions
Why was Sarah Donley appointed as COO/CRO?
Sarah Donley's extensive experience and long-standing commitment to First Community Bank made her a natural choice for this leadership role.
What areas will Donley oversee in her new position?
She will manage key functions including electronic banking, loan operations, compliance, and vendor management.
What is Donley’s educational background?
She holds a degree in Economics from Wittenberg University and is a CPA.
How long has Donley been involved with First Community Bank?
Donley has been with the bank since 1997, bringing over 35 years of banking experience.
What is First Community Bank known for?
It is known for offering comprehensive banking services, including loans, deposits, and financial planning, primarily serving the Midlands and surrounding regions.
