Memphis-based
Evolve Bank & Trust continues to grow its operations, adding John Copeland as its new chief financial officer. He will oversee the day-to-day financial operations and internal audit functions of Evolve Bank & Trust and will be instrumental in long-term, strategic planning.
Copeland brings 39 years of banking experience to his new role, including management positions in which he handled audits, treasury management, controllership, financial management and mergers and acquisitions. He most recently served as the EVP/CFO at the publicly-traded $1.6 billion M&F Bank.
The bank is experiencing steady growth. At the close of 2010 Evolve employed 310 people, and today it has 432 employees. Last year Evolve was listed on the
Inc. Magazine 500/5000 as one of the fastest growing companies in the country, and the bank was also awarded magazine’s Hire Power Award for job creation.
“We are constantly exploring growth opportunities and are excited about the potential in Memphis, Eastern Arkansas and throughout the Mid-South,” says Scott Stafford, Evolve President and CEO. “We have expanded our private client group in Memphis and recently opened a new hub in Jonesboro.”
In late 2013, Evolve brought in a banking group to open and build its new Jonesboro hub.
“Our primary focus is to expand our core bank,” Stafford says. “We plan to expand our reach throughout the Mid-South and the state of Arkansas.”
Evolve was founded in 1925, and today the bank operates four bank branches and two loan production offices in Arkansas and Tennessee, along with more than 30 loan production offices in 19 states around the country. In addition to banking and mortgage services, Evolve is a nationwide Preferred SBA lender and also offers trust and fiduciary services to its customers throughout the U. S.
By Michael Waddell
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