First US Bank Welcomes Mac Greene

Rhea-AI Summary

First US Bank (FUSB) has announced the appointment of Mac Greene as a commercial loan officer in Birmingham. Greene brings 18 years of banking experience in the Birmingham market, having previously served as Commercial Relationship Manager at Progress Bank, Candence Bank, and Colony Bank.

The Auburn University graduate will join the bank's commercial lending team, where he will focus on providing tailored banking solutions for business clients. Scott Cox, First US Bank's Senior Commercial Lending Executive, expressed confidence in Greene's expertise and seasoned banking experience.

News Market Reaction

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-0.93% News Effect

On the day this news was published, FUSB declined 0.93%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BIRMINGHAM, Ala., Aug. 11, 2025 /PRNewswire/ -- First US Bank is pleased to announce that Mac Greene has joined the Bank's team of commercial loan officers in Birmingham.  Greene, a graduate of Auburn University, has 18 years of banking experience in the Birmingham market, including Commercial Relationship Manager roles at Progress Bank, Candence Bank, and Colony Bank.  "I'm thrilled to join First US Bank and contribute to its continued success," said Greene.  "I look forward to working with this dedicated team that's making a real difference in our community."  

"We're very happy to have Mac on board," stated Scott Cox, First US Bank's Senior Commercial Lending Executive.  "He's a seasoned banker with the expertise to tailor banking solutions to meet the unique needs of our business clients." 

About First US Bancshares, Inc.

First US Bank (the "Bank") is a wholly-owned subsidiary of First US Bancshares, Inc. (the "Company") and operates banking offices in Alabama, Tennessee, and Virginia. The Company files periodic reports with the U.S. Securities and Exchange Commission (the "SEC"). Copies of its filings may be obtained through the SEC's website at www.sec.gov or at www.firstusbank.com. More information about the Company and the Bank may be obtained at www.firstusbank.com. The Company's stock is traded on the Nasdaq Capital Market under the symbol "FUSB."

Forward-Looking Statements

This press release contains forward-looking statements, as defined by federal securities laws. Statements contained in this press release that are not historical facts are forward-looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. The Company undertakes no obligation to update these statements following the date of this press release, except as required by law. In addition, the Company, through its senior management, may make from time to time forward-looking public statements concerning the matters described herein. Such forward-looking statements are necessarily estimates reflecting the best judgment of the Company's senior management based upon current information and involve a number of risks and uncertainties.

Certain factors that could affect the accuracy of such forward-looking statements and cause actual results to differ materially from those projected in such forward-looking statements are identified in the public filings made by the Company with the SEC, and forward-looking statements contained in this press release or in other public statements of the Company or its senior management should be considered in light of those factors. Such factors may include risk related to the Company's credit, including that if loan losses are greater than anticipated; the increased lending risks associated with commercial real estate lending; potential weakness in the residential real estate market; liquidity risks; the impact of national and local market conditions on the Company's business and operations; the rate of growth (or lack thereof) in the economy generally and in the Company's service areas; the effects of significant changes to the structure and operations of the federal government; strong competition in the banking industry; the impact of changes in interest rates and monetary policy on the Company's performance and financial condition; the effects of fiscal challenges facing the U.S. government or any potential government shutdown; the impact of technological changes in the banking and financial service industries and potential information system failures; cybersecurity and data privacy threats; the risks and challenges presented by the development and use of artificial intelligence ("AI"); the costs of complying with extensive governmental regulation; the impact of changing accounting standards and tax laws on the Company's allowance for credit losses and financial results; the possibility that acquisitions may not produce anticipated results and result in unforeseen integration difficulties; and other risk factors described from time to time in the Company's public filings, including, but not limited to, the Company's most recent Annual Report on Form 10-K. Relative to the Company's dividend policy, the payment of cash dividends is subject to the discretion of the Board of Directors and will be determined in light of then-current conditions, including the Company's earnings, leverage, operations, financial conditions, capital requirements and other factors deemed relevant by the Board of Directors. In the future, the Board of Directors may change the Company's dividend policy, including the frequency or amount of any dividend, in light of then-existing conditions.

Contact:
Thomas S. Elley
(205) 582-1200

View original content:https://www.prnewswire.com/news-releases/first-us-bank-welcomes-mac-greene-302524874.html

SOURCE First US Bancshares, Inc.

FAQ

Who is Mac Greene, the new hire at First US Bank (FUSB)?

Mac Greene is a commercial loan officer with 18 years of banking experience in the Birmingham market, previously working at Progress Bank, Candence Bank, and Colony Bank as a Commercial Relationship Manager.

What role will Mac Greene take at First US Bank (FUSB)?

Mac Greene will serve as a commercial loan officer in Birmingham, focusing on providing tailored banking solutions for business clients.

What is Mac Greene's professional background before joining First US Bank?

Mac Greene is an Auburn University graduate with 18 years of banking experience, having held Commercial Relationship Manager positions at Progress Bank, Candence Bank, and Colony Bank.

Who announced Mac Greene's appointment at First US Bank?

Scott Cox, First US Bank's Senior Commercial Lending Executive, announced Greene's appointment, praising his expertise in tailoring banking solutions for business clients.