SmartBank is proud to announce that President and Chief Executive Officer, William Y. Carroll, Jr., has been elected to the Board of Directors of the Federal Reserve Bank of Atlanta, effective January 1, 2024.

This prestigious appointment reflects Mr. Carroll’s exceptional leadership qualities, financial expertise, and dedication to advancing the banking industry. With over 30 years of experience in the financial sector, Carroll has played a pivotal role in SmartBank's growth and success and is one of the founding organizers and directors of the Bank.

The Federal Reserve Bank of Atlanta's Board of Directors is responsible for providing insights on economic trends, offering valuable perspectives on monetary policy, and contributing to the overall financial stability of the region. Mr. Carroll is well-positioned to make significant contributions to the Board, bringing a wealth of knowledge and a proven track record of strategic decision-making.

Carroll expressed gratitude for the opportunity to serve on the Federal Reserve Bank of Atlanta's Board of Directors, stating, "I am honored and excited to join the distinguished group of professionals at the Federal Reserve Bank of Atlanta. This opportunity is a testament to the outstanding board of directors, leadership team and mentors that I have been blessed to work alongside at SmartBank. I look forward to contributing to the important work of the Federal Reserve Bank Board and collaborating with my esteemed colleagues to foster a resilient and prosperous economy."

SmartBank, under Mr. Carroll’s leadership, has grown from de novo bank to a $4.8 Billion in assets financial services company, operating in three states, with its stock traded on the New York Stock Exchange.  The Board of Directors and associates congratulate Carroll on this prestigious appointment and look forward to watching his positive impact on the Federal Reserve Bank of Atlanta.