First Security Inc. Announces the Hiring of Scott Powell as Chief Credit Officer

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Owensboro, Kentucky – First Security Inc., the bank holding company for First Security Bank, Inc., announced the hiring of Scott Powell as Senior Vice President, Chief Credit Officer of First Security Bank, Inc.

“I am extremely excited to announce that Scott will join the First Security team. He has a vast amount of experience that will be of great benefit in helping lead First Security,“ stated Michael F. Beckwith, President and CEO of First Security.

Prior to joining First Security, Scott was most recently the Deputy Chief Credit Officer at FSG Bank, a division of Atlantic Capital Bank, a $2.6 billion bank. He has also held various positions at Wells Fargo Bank, Integra Bank and CNB Bancshares. His ability to manage teams, influence processes and provide leadership to commercial bankers will be a great addition to First Security.

“It’s not just Scott’s experience with developing the right loan disciplines and process that excites me, but also his enthusiasm and broader banking knowledge which will make him a key part of the senior leadership team that will collaborate to create an exciting future for First Security,” stated Mr. Beckwith.

First Security, Inc. is a $600 million asset one-bank holding company with offices in Owensboro, Bowling Green, Franklin, and Lexington, Kentucky as well as Evansville and Newburgh, Indiana. The Company is traded over the counter, ticker symbol FIIT.