Mott Ford, chairman and CEO of Commercial Bank & Trust Co. in Memphis, was installed as chairman of the Tennessee Bankers Association (TBA) during ceremonies at the organization’s recent 129th annual meeting.
More than 600 members of the financial services industry and related businesses attended the convention. As chairman and CEO, Ford is responsible for the strategic and operating initiatives for Commercial Bank, which has operations in Memphis, Paris, Union City, and Jackson. Ford serves on the Community Depository Institutions Advisory Council of the Federal Reserve as well as on several nonprofit boards in the Memphis area.
Ford accepted the chairman’s gavel from John Muse, chairman, president and CEO of Farmers State Bank in Mountain City, who served as TBA chairman for 2018-19. Muse will remain a member of the association’s board of directors for the next three years to help ensure continuity of leadership. Delegates from TBA-member institutions elect new executive officers and new board members each year during the annual convention, with members receiving one vote per charter. In addition to the executive officers, TBA members elected one new director from each of the three grand divisions of the state. The bankers join existing board members to guide the association for the next year.
The TBA is a nonprofit organization representing Tennessee’s commercial banks and thrifts.
It provides continuing education, develops and monitors state and federal legislative agendas, disseminates information on all facets of the financial services industry, and promotes the public image of financial institutions.