Colony Bank recently announced that it has formed a new division that will operate under the brand Colony Financial Advisors. Colony Bank has also selected Ameriprise Financial as its broker-dealer partner.
Through the new partnership, Colony Financial Advisors will offer comprehensive financial planning and investment solutions to its clients.
In addition, it was announced that industry veteran Bo Hatcher has joined the Bank as Senior Vice President, Financial Advisor.
Commenting on the announcement, President and Chief Executive Officer Heath Fountain said, “We are very pleased to announce the formation of Colony Financial Advisors. This addition further represents our efforts to diversify our revenue streams and gives us an additional opportunity to meet our customers growing needs. Wealth management is a logical extension of our current services and we look forward to helping our customers reach their financial goals.”
Hatcher joins Colony with over 24 years of experience in the financial services industry. Most recently, he served as Financial Advisor at Renasant Bank. There, he specialized in financial planning, investments, and insurance for individuals and small business owners.
Prior professional experience also includes serving as Financial Consultant for Synovus Financial Corporation.
Hatcher earned his B.A. in Economics from the University of Georgia. He is an Albany native and has two children with his wife, Mandy. Hatcher is heavily involved in the community through his membership in several civic organizations.
“Bo has built an incredible career and reputation as a trusted advisor and we are excited to welcome him to Colony Bank. His industry experience combined with his commitment to serving the needs of the community and building meaningful relationships will be a great benefit as we work to grow our newest offerings,” Fountain said.
Bo and Heath sat down for an interview to discuss more about Colony Financial Advisors. They also discuss what customers can expect with this extension of services. To watch this interview, click here.
About Colony Bankcorp
Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in 1975 and headquartered in Fitzgerald, Georgia, Colony operates 37 locations throughout Georgia. At Colony Bank, we offer a wide range of banking services. This includes personal banking, business banking, mortgage solutions, government guaranteed lending solutions, and more. We have expanded our services to also include consumer insurance products, such as automotive, homeowners, and other insurance needs for our community. Colony’s common stock is traded on the NASDAQ Global Market under the symbol “CBAN.” For more information, please visit colony.bank. You can also follow the company on social media.
