Primis Financial in Charlottesville, Va., has added a prominent bank investor to its board.
The $3.3 billion-asset company said in a press release Tuesday that John Eggemeyer had agreed to become a director.
Eggemeyer is the founder and chairman of Castle Creek Capital, which has invested in banks for three decades. He has been the chairman of PacWest Bancorp since its creation in 2000 and is a director at The Bancorp and Northpointe Bancshares.
Eggemeyer has been an observer of the Primis board since 2019.
Primis also appointed Allen Jones Jr., a physical therapist based in Virginia’s Hampton Roads area, to its board. Jones has been chairman of the bank’s Hampton advisory board since 2018.
“Both individuals are valued contributors and well-known to our company,” W. Rand Cook, Primis’ chairman, said in the release, “We are thrilled to have the benefit of their experience and counsel as full members of our corporate and bank boards.”
Primis has undergone a series of changes in recent years. It hired Dennis Zember, the retired CEO of Ameris Bancorp, as its leader in 2020.
The company was known as Southern National Bancorp of Virginia until it rebranded in March. And it announced plans in May to launch a digital bank by the end of this year.