State Bank Financial Names Chip Frierson Gainesville Market President

1/9/18

Chip Frierson

State Bank Financial Corporation (NASDAQ: STBZ), the holding company for State Bank and Trust Company announced the appointment of Chip Frierson to market president in Gainesville, Georgia.

In his new role, Frierson will be responsible for managing the Gainesville market, which consists of commercial and branch bankers, as well as handling all bank related activities within the market. He will also oversee the strategic growth of the Gainesville market, including meeting strategic objectives within the company.

“Chip’s diligent focus on helping customers attain their personal and professional goals further strengthens our ability to meet the financial services needs of the Gainesville community,” said Bill Hopper, Northeast Georgia regional president. “His banking experience in Hall County spans decades, and his leadership as market president will ensure we’re providing the knowledgeable and personalized care our customers deserve.”

Frierson has over 32 years of experience in the banking industry in Hall County. Previously, he served as senior vice president of Athens-based National Bank of Georgia until State Bank acquired the company in 2016. Frierson has also held several board positions for community groups, including United Way of Hall County, Boys & Girls Clubs of Lanier, North Georgia Community Foundation, Georgia Mountains YMCA, The Greater Hall Chamber of Commerce’s Leadership Hall County and Challenged Child and Friends.

“Gainesville has and always will be my home, and I’m thrilled to continue serving this community as market president for State Bank,” said Frierson. “I’m deeply passionate about serving the families and businesses in this region, and I look forward to building on over 30 years of longstanding relationships.”

Frierson received his bachelor’s degree from North Georgia College.

About State Bank Financial Corporation

State Bank Financial Corporation (NASDAQ: STBZ), with approximately $5.1 billion in assets as of September 30, 2017, is an Atlanta-based bank holding company for State Bank and Trust Company. State Bank operates a full-service banking business and offers a broad range of commercial and retail banking products to our customers throughout seven of Georgia’s eight largest MSAs.

To learn more about State Bank, visit www.statebt.com.

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