Colony Bankcorp, Inc. Appoints Hugh Hollar as Senior Vice President, Director of the Homebuilder Finance Division
December 17, 2019 at 07:00 am EST
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Colony Bankcorp, Inc. announced its expansion into the Augusta market by naming Hugh Hollar to the newly created position of Senior Vice President, Director of the Homebuilder Finance Division. Hollar will be primarily focused on residential construction lending and residential lot development lending. Hollar has 30 years of banking experience in construction lending in the Augusta, Georgia, area, having most recently served as Senior Vice President Director of East Georgia Homebuilder Finance for Cadence Bank, which he joined through Cadences merger with State Bank in 2018. He served as Senior Vice President Construction Lending Manager at First Bank Mortgage from April 2000 until its merger with State Bank in 2014.
Colony Bankcorp, Inc. is a financial service and a bank holding company. The Companyâs business is conducted through its bank subsidiary, Colony Bank (the Bank), a Georgia state-chartered commercial bank. The Bank provides a range of banking services to its retail and commercial customers. The Company operates through three segments: Banking Division, Retail Mortgage Division and Small Business Specialty Lending Division. The Banking Division delivers full service financial services, including commercial loans, consumer loans and deposit accounts. The Retail Mortgage Division offers services for one-to-four family residential mortgage loans. The Small Business Specialty Lending Division offers small business administration and United States Department of Agriculture (USDA) government guaranteed loans. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans and others.