News

We’re proud to announce that Derek Shelnutt has been promoted to the newly created position of Senior Vice President, Chief Accounting Officer. In this new role, Derek will oversee the accounting function and all financial and regulatory reporting, while providing additional support with strategic decisions for the Company. Derek joined Colony in 2020 as Assistant Vice President, Treasury Manager, and has since served as Vice President, Controller, and most recently as Senior Vice...

We are proud to announce that Cole Posey has been promoted to Moultrie Market President. Cole joined the Company in September 2020 as Vice President and Commercial Banker. With over 10 years of experience in management, marketing, and business development, Cole served as Director of Economic Development for Southern Regional Technical College prior to joining Colony Bank. He also served in other roles at the college, including Director of Marketing, Public Relations and Communications....

We are excited to announce the promotion of Richard Welch to Valdosta Market President. Richard joined the Company in October 2020 as Vice President, Commercial Banker. Prior to Colony Bank, he served as Vice President and Commercial Lender for Synovus Bank. Richard, who has fifteen years of banking experience, has also held positions to include Business Service Officer for BB&T’s mid-south region, which included Valdosta, and Commercial Lender for the Southern Georgia Regional...

As the threat of a cyberattack continues to be a growing concern for many business owners, now more than ever it’s important to have a plan in place to mitigate the risks of an attack and protect your business and customers. Here are 6 tips to help cyber secure your business: Educate your employees Create security practices for your employees, such as requiring strong passwords and 2-factor authentication. To protect your customers, establish rules on how you and your...

We are excited to announce that Chris McLaughlin has joined Colony Bank as Augusta Market President. In this newly created position, he will be charged with expanding Colony Bank’s presence in the Augusta market. Chris will be working from our office located at 1201 Town Park Lane in Evans. Chris has over twenty-two years of banking experience, most recently as Senior Vice President, Commercial Banking Relationship Manager with South State Bank. He has also served in other roles and...

During what’s being called the Great Resignation, employers are looking for ways to retain their current employees and attract new ones. While there are different reasons why people are leaving their jobs, a major focus for some is company culture and the way employees are treated. As a small business owner, enhancing your culture could be vital to retaining your employees. So what is company culture? A company’s culture is a combination of multiple factors including work environment,...

The holiday season has arrived. For many it’s an exciting time, however, it can also be a bit overwhelming between get-togethers and shopping for the perfect gifts for all of the special people in your life. In the midst of the hustle and bustle, people end up overspending. However, by taking the time to make a plan and set a budget, we can avoid this and get back to what matters most. Here are 7 tips to help you plan and budget for your holiday season. Prioritize your...

You never know when disaster may strike or what that disaster may be. The best thing you can do is to be prepared by having plans in place for how to respond in case of an emergency or disaster. Since disasters can take many forms, it’s good practice to have a couple of contingency plans ready. Here are 7 considerations when creating your emergency business plan: Assess the risks Each business is vulnerable to a different risk. Depending on your industry and location, the...

Like you, we’re monitoring the latest news about the Coronavirus. At Colony Bank, our team members, customers, and community welfare are important to us. That’s why we’re doing all we can to make sure our branches are open, our trusted bankers are there and our call centers are staffed. You can count on us during times like this, especially if you need our help. Here are some proactive steps Colony Bank is taking to keep team members and customers safe. We’ve ensured...