Nack Paek

Chief Executive Officer at METROCITY BANKSHARES, INC.

Net worth: 32 M $ as of 2024-03-30

82 year

Finance

Consumer Services

Profile

Nack Y.
Paek is the founder of Metro City Bank, which was founded in 2006, where he serves as Executive Chairman.
He is currently the Executive Chairman & Chief Executive Officer of MetroCity Bankshares, Inc. since 2014.
Mr. Paek's former positions include Chairman of Summit Bank Corp.
(Georgia) from 1987 to 1994, Chairman of Center For Pan Asian Community Services, Inc. from 2002 to 2016, Director-Internal Audit of The Continental Insurance Co. from 1974 to 1980, and President of Young Money LLC from 1991 to 2006.
He is also the owner of Mr. Paek PC.
Mr. Paek holds an MBA degree from Northern Illinois University and an undergraduate degree from Seoul National University.

Known holdings in public companies

Company	Date	Number of shares	Valuation	Valuation date
METROCITY BANKSHARES, INC. 5.05%	2024-03-31	1,273,185 ( 5.05% )	32 M $	2024-03-30

Nack Paek active positions

Companies	Position	Start
METROCITY BANKSHARES, INC.	Chief Executive Officer	2013-12-31
Metro City Bank Metro City Bank Regional BanksFinance Part of MetroCity Bankshares, Inc., Metro City Bank is a financial institution that provides personal and business banking services, including checking and savings accounts, certificates of deposit, small business administration loans, residential mortgage loans, wire transfer, cash management, remote capture, telephone banking, and mobile banking. The private company is based in Doraville, GA. The company emphasizes long-term banking relationships and aims to serve all sectors of the community and their banking needs through its dedicated, talented, courteous, and friendly employees. The company was founded by Nack Y. Paek, and Farid Tan has been the CEO of the company since 2006.	Founder	2005-12-31

All active positions of Nack Paek

Former positions of Nack Paek

Companies	Position	End
Center For Pan Asian Community Services, Inc.	Chairman	2015-12-31
Young Money LLC Young Money LLC Finance/Rental/LeasingFinance Young Money LLC provided consumer lending services. The company was headquartered in Baltimore, MD.	President	2006-03-31
Summit Bank Corp. (Georgia)	Chairman	1993-12-31
The Continental Insurance Co. The Continental Insurance Co. Property/Casualty InsuranceFinance Part of Loews Corp., The Continental Insurance Co. is a private company that provides insurance services. The company is based in Chicago, IL.	Comptroller/Controller/Auditor	1979-12-31
Nack Y. Paek PC	Corporate Officer/Principal	-

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Training of Nack Paek

Northern Illinois University	Masters Business Admin
Seoul National University	Undergraduate Degree

Experiences
Positions held

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Inactive

Listed companies

Private companies

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Connections

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Members of the board

Executives

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Linked companies

Listed companies	1
METROCITY BANKSHARES, INC.	Finance

Private companies	6
Summit Bank Corp. (Georgia)	Finance
Young Money LLC Young Money LLC Finance/Rental/LeasingFinance Young Money LLC provided consumer lending services. The company was headquartered in Baltimore, MD.	Finance
The Continental Insurance Co. The Continental Insurance Co. Property/Casualty InsuranceFinance Part of Loews Corp., The Continental Insurance Co. is a private company that provides insurance services. The company is based in Chicago, IL.	Finance
Metro City Bank Metro City Bank Regional BanksFinance Part of MetroCity Bankshares, Inc., Metro City Bank is a financial institution that provides personal and business banking services, including checking and savings accounts, certificates of deposit, small business administration loans, residential mortgage loans, wire transfer, cash management, remote capture, telephone banking, and mobile banking. The private company is based in Doraville, GA. The company emphasizes long-term banking relationships and aims to serve all sectors of the community and their banking needs through its dedicated, talented, courteous, and friendly employees. The company was founded by Nack Y. Paek, and Farid Tan has been the CEO of the company since 2006.	Finance
Center For Pan Asian Community Services, Inc.
Nack Y. Paek PC

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