The retired payments technology executive will chair the board technology committee.
CHATTANOOGA, Tenn. Calder Financial Corporation has elected Lorraine Deaton-Mays to its board of directors, effective immediately. She will chair the board technology committee.
Deaton-Mays served 11 years as chief information officer of a payments processing company, where she led the company through two platform consolidations before retiring in 2023.
"We are in the middle of the largest technology program this bank has ever run, and the board needed someone who has been on the other side of one," said Harlan W. Prewitt, Chairman of the Board. "Lorraine has, twice."
The technology committee reviews the bank's technology strategy and its information security program with management each quarter.
Calder Bank & Trust, N.A. is a national banking association headquartered in Chattanooga, Tennessee, founded in 1913. The bank operates 61 offices across Tennessee, north Georgia and north Alabama and has approximately $4.0 billion in assets. It provides retail banking, commercial and treasury services, and wealth and trust administration. The bank is a wholly owned subsidiary of Calder Financial Corporation. Member FDIC. Equal Housing Lender.
There is no established public trading market for the common stock of Calder Financial Corporation. The stock is held by approximately 1,400 holders of record and is not listed on any exchange or quoted on any interdealer quotation system.
Lauren Pickett, Vice President and Director of Corporate Communications
(423) 555-0134 · lauren.pickett@calderbankonline.com