Community First Bancshares, Inc. and Newton Federal Bank Announce Executive Changes
March 31, 2020 at 05:02 pm EDT
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On March 26, 2020, Robin Reich was appointed to the boards of directors of Community First Bancshares, Inc. (the Company") and its wholly-owned subsidiary, Newton Federal Bank. In addition, on March 26, 2020, Robert Vickers was appointed Chief Operations Officer for the Company and the Bank. Mr. Vickers, age 39, was the Senior Vice President and Chief Operations Officer of ABB Financial Group, Inc. (ABB") and Affinity Bank beginning in 2019, and joined the Company and Newton Federal Bank in connection with their acquisition of ABB and Affinity Bank in January 2020, having began employment with Affinity Bank in 2008. Gregory J. Proffitt, who served as the President and Chief Operations Officer of the Company and the Bank, remains the President of those entities.
Affinity Bancshares, Inc. is the holding company for Affinity Bank (the Bank). The Company's business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial and industrial loans and residential real estate loans and, to a lesser extent, construction and land loans and consumer loans. It makes commercial and industrial loans, primarily in its market area, to a variety of professionals, sole proprietorships and small businesses, including dental loans, which are originated throughout the Southeastern United States. It offers a variety of deposit accounts, including checking accounts, savings accounts and certificate of deposit accounts. It gathers deposits nationwide through its virtual bank, FitnessBank, which accepts deposits and provides higher interest rates based on customers meeting certain fitness goals. It offers a limited range of consumer loans.
AFFINITY BANCSHARES, INC. 
