Discover

Insouth Bank

INSOUTH is a team committed to assisting our customers, employees, and communities in achieving their goals.

 

 

Discover Our Core Values & Mission Statement

Why INSOUTH?

Core Values & Mission Statement

INSOUTH is a team committed to assisting our customers, employees, and communities in achieving their goals.

To achieve our mission, we believe in and are guided by certain Operating Tenets, a set of core values by which we measure our progress and success. These values drive every decision throughout the organization, and we strive to adhere to them every day we do business.

  • We are a Company committed to addressing the needs of each market we serve.
  • We are focused on the customer and have the opportunity to provide quality products in a creative, innovative service environment.
  • We are an employee-oriented company, which is dedicated to developing the potential of each employee.
  • We are a caring corporate citizen; committed to the communities we serve.

Leadership Team

Board of Directors

Leadership - JD Clinton

JD Clinton

Chairman

Leadership-David Prince

David Prince

Director

Leadership - Mary Susan Clinton

Mary Susan Clinton

Director

Leadership - Denver Clinton

Denver Clinton

Director

Leadership - Hurst Clinton

Hurst Clinton

Director

Leadership - Abe Massey

Abe Massey

Director

Leadership - Jack Pettigrew

Jack Pettigrew

Director

Leadership - Bob Gaston

Bob Gaston

Director

Leadership - Keith McCalla

Keith McCalla

Director

Leadership - Mike Perry

Mike Perry

Director

 

 

David Prince

David Prince

President and Chief Executive Officer

David began his career with INSOUTH Bank in 1987 and has spent over 24 years as a senior executive. He is a native of West Tennessee and a graduate of the University of Tennessee at Martin. He also attended the Mid-South School of Banking at Rhodes College and The University of Wisconsin's BAI School of Banking. David serves as a member of the Tennessee Bankers Association CEO Forum Group and Tennessee Bankers Association Independent Bankers, as well as the Vice Chairman of the Group Board of Directors and President of the Brownsville Haywood County Industrial Development Board. He is a member of Brownsville Baptist Church, a previous President of Brownsville Rotary Club, a member of the 1992 WestStar Leadership class, past Chair of Haywood County Civil Service Committee, past board member of the Brownsville Boys & Girls Club, past board member and Chairman of Haywood County Leadership and past Treasurer of Brownsville Haywood County IDB. “I am honored to work for INSOUTH Bank, Tennessee's oldest community bank, which is a family-owned business and faith-based organization that provides the hometown banking that our customers deserve. We have the best employees who genuinely care about our customers and work hard every day to meet their financial needs,” Prince says. 

Mike Perry

Mike Perry

Executive Vice President and Chief Operating Officer

Since joining the INSOUTH team in 1987, Mike has been a significant leader who has continually displayed excellent dedication and knowledge. As Chief Operating Officer, Mike oversees the company’s daily business operations and administration, implementing business strategies and optimizing the company’s operation capabilities. Mike graduated from Union University in 1999 and received his CPA certification in 2007. Mike and his wife, Lisa, attend Holly Grove Baptist Church. He is a 2003 graduate of the Haywood County Leadership class and has served on the board of Habitat for Humanity. Mike is proud to work for a community bank that understands the value of relationship banking, “I consider myself very fortunate to work with the employees at INSOUTH Bank, who all strive to run the bank safely and soundly while caring for our customers, who are the foundation of our business”, Mike says.  

Alan Jones

Alan Jones

Senior Vice President and Chief Information Officer

Alan began his technology and banking career in 1977 with INSOUTH Bank. Alan’s role as Chief Information Officer is to provide INSOUTH Bank with the technology and services it needs to support all aspects of the business in an efficient and cost-effective manner. He holds a bachelor's degree from Union University as well as a degree from the BAI Graduate School of Bank Operations and Technology. Alan is a Gideon’s International member as well as a member of West Jackson Baptist Church. Alan considers himself extremely fortunate to work for a faith-based organization that strives to provide the best personal service to its customers. “I believe our customers and employees are our most valuable assets, and the foundation of INSOUTH Bank is built on hometown people serving the people in our communities”, Alan says.

Rodney Spicer

Rodney Spicer

Senior Vice President and Chief Credit Officer

Rodney is a University of Memphis graduate who began his career with INSOUTH Bank in 1992. Rodney, as Chief Credit Officer, is in charge of the bank's credit quality and loan administration.Rodney is a member of Bellevue Baptist Church and a retired Shelby County sports official. Rodney considers INSOUTH Bank to be a family, with employees who look out for one another and their customers. “I am an INSOUTH customer not because I am an employee, but because I know I can speak to an actual employee who will do their very best to provide me with the financial service I require,” Rodney says.

Leadership - Billy Acred

Billy Acred

Chief Financial Officer

Billy earned an accounting degree from Union University. He began his banking career in 1993 and has recently joined INSOUTH Bank as Senior Vice President and Chief Financial Officer. Billy's tasks include financial planning, assessing strengths and weaknesses, and recommending strategic direction. In his spare time, Billy enjoys farm life and cattle management. Billy appreciates the professional, friendly, and courteous service that the INSOUTH team offers to our customers. "INSOUTH is a family atmosphere with an emphasis on serving the customers and their needs," said Billy.

Leadership - Kim Myers

Kim Myers

First Vice President and Senior Branch Administrator

In 1985, Kim Myers started her banking career with INSOUTH Bank. Kim manages the INSOUTH's Deposit Operation department and supports the Branch Administrators across the organization in her capacity as First Vice President and Senior Branch Administrator. Kim graduated from the Southeastern School of Banking at Vanderbilt, the Graduate School of Banking at Louisiana State University, and Christian Brothers University with a bachelor’s degree in business. She has lived in Tipton County her entire life, where she attends First United Methodist Church with her husband, Andy, and is actively involved in the community. "Working for a family-owned business like INSOUTH has been one of my greatest pleasures,” Kim says. “INSOUTH is a faith-based organization with skilled employees that are passionate about offering our customers exceptional service. At INSOUTH, you will work with people you know in your community. People who care about our customers, our communities, and our organization.”

 

Our History

After the Civil War, on February 12, 1869, the State of Tennessee issued articles of incorporation to the Brownsville Savings Bank, of Brownsville, Tennessee.

With initial capital of $100,000, the Bank prospered and paid its first semi-annual dividend of fifteen percent in May, 1871. Two years later, the Bank constructed a new building, just as the panic of 1873 struck and closed the doors of some of the strongest institutions. The Brownsville Savings Bank stood firm during that crisis, as well as during the financial panics of 1883 and 1893. In 1899, the bank was reorganized under the name of Brownsville Bank, and its fine leadership continued, especially during the Great Depression, when it was one of only a few banks never to close its doors.

Meanwhile in 1912, in an adjoining county, community leaders also recognized the need for expanded banking capabilities; and on December 12, Union Savings Bank of Tipton County was chartered in Covington, with capital stock of $30,000. Assets by year end that year stood at $174,000; and Union Savings continued to grow and prosper. Even during the Depression, the Bank did not close except for a one-time six hour period when all banks in the county were closed. No one ever lost a penny during the Depression at Union Savings Bank.


Moving into the second half of the 20th century, both banks grew in their communities, adding branch locations on Main Street in Brownsville with the Holly Park and Peachtree locations in the 1970s, and along Highway 51 in Covington in 1974. Our South Tipton County office in Atoka was opened in 1998 which strengthened INSOUTH’s customer service from Covington to Millington along Hwy 51.

In the merger-oriented banking environment of the 1980s, Brownsville Bank and Union Savings Bank were brought under the umbrella of Independent Southern Bancshares, Inc., “INSOUTH”, a privately owned holding company headquartered in Brownsville. Tennessee Bank and Trust based in Millington, Tennessee joined the bank family in 1988. They operated as separate financial institutions until January 1, 1998, when all three banks were consolidated under the original 1869 bank charter of the Brownsville Savings Bank. INSOUTH Bank today boasts locations in four counties in Tennessee.

With over 150 years in business, INSOUTH Bank stands ready to fulfill our Mission as “a team committed to assisting our customers, employees, and communities in achieving their goals.”

 

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