SAVANNAH, Ga., Nov. 3, 2006 (PRIMEZONE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) announced today that Thomas W. Lennox has been appointed President and Chief Executive Officer of its Harbourside Community Bank subsidiary. Lennox brings over 33 years of banking experience and extensive knowledge in retail, trust, mortgage and commercial banking to Harbourside. Most recently, Lennox was a founder and President/Chief Operating Officer of The Legacy Bank, a de novo bank located in Harrisburg, Pennsylvania. At Legacy Bank, he was responsible for all bank operations, credit policy and business development. Under his leadership, Legacy grew to $385 million in six years and merged with FNB Corp in May, 2006.
Prior to Legacy, Lennox served in senior management roles in various banking affiliates of Pennsylvania-based Keystone Financial.
Lennox received his undergraduate degree in Economics from Ohio State University and is a graduate of the Stonier Graduate School of Banking at the University of Delaware. He has been a second home resident of Hilton Head Island, SC for many years.
Harbourside Community Bank is a de-novo federal savings bank operating on Hilton Head Island, SC which was organized as a subsidiary of SAVB in March, 2006.
The Savannah Bancorp, Inc. (SAVB), a bank holding company for The Savannah Bank, N.A., Bryan Bank & Trust (Richmond Hill, Georgia) and Harbourside Community Bank (Hilton Head Island, SC), is headquartered in Savannah, Georgia. SAVB began operations in 1990. Its primary businesses include deposit, credit, trust and mortgage origination services provided to local customers.