BankTennessee Announces New Leadership
COLLIERVILLE, Tenn., January 1, 2022 – Joel Porter, chairman of the BankTennessee board of directors, announced that Wright Cox was elected by the board of directors to serve as president and chief executive officer. Cox assumed this new leadership role on January 1, 2022.
“We are pleased to have Wright as president and chief executive officer. His character and presence in the community will allow us to continue to grow our market and build our BankTennessee franchise,” commented Porter.
“I am honored to be named president and CEO and to have the opportunity to work with our talented management team and employees,” said Cox. “I love our communities and am excited to expand relationships in our Ripley, Munford and Shelby County markets. Brad Houser, our Middle Tennessee executive president, will focus on our Lebanon and Carthage offices and locations for future growth.”
“BankTennessee is in the business of helping people,” Mr. Cox said. “The job of our community bank is to understand the needs of the local area and to help people make the right decision to achieve their goals.”
With BankTennessee since 1992, Wright Cox has been promoted to leadership roles throughout his 40-year banking career. He serves as a board member for the bank and its holding company. Prior to this promotion, he was most recently the bank’s community president for Collierville.
Cox has been an avid community supporter throughout his career. He was elected in 2016 to a second term as a board member for the Collierville Municipal School System and serves as 2021 chairman of the board. He is also an elder at Hope Church and has been a part of its growth for more than 30 years.
He is a graduate of the Rhodes College Executive Leadership Program, the Louisiana State University School of Banking and Texas Christian University.
Cox fills the role of Jim Rout who retired on December 31, 2021. “On behalf of the board, the management team, and employees, we thank Jim for his leadership as president and CEO for the last 11 years. He leaves the bank in excellent condition,” said Porter.
“We take banking personally and are committed to providing a personal level of service where our customers matter. It’s a philosophy that has worked for us since our bank was founded in Memphis in 1934, more
than 80 years ago. We attribute our success to our personnel and local communities we support,” said Wright Cox, BankTennessee chief executive officer and president.
Headquartered in Collierville, Tennessee, BankTennessee has 9 retail banking offices with 7 in West Tennessee, including Collierville, Memphis, Germantown, Ripley, and Munford. The bank also has offices in Lebanon and Carthage in Middle Tennessee.
As of September 30, 2021, BankTennessee had 400,501,000 in assets. The bank offers a full range of financial products and services including personal and business checking accounts, mobile banking, online banking, mortgages, home equity lines of credit, custom construction loans, commercial and consumer loans, treasury management, remote capture, and merchant card services. For more information, visit www.banktennessee.com.
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