Encore Bank Expands to Nashville, Names Stephen Fawehinmi as Regional President
LITTLE ROCK, Ark. (March 14, 2022) – Encore Bank is pleased to announce its expansion into Nashville, Tenn. and has named Stephen Fawehinmi as executive vice president and regional president to lead the expansion.
“I’m excited to help bring Encore Bank’s services to the Middle Tennessee area," said Fawehinmi. "With its concierge approach to banking, innovative technology and positive work culture, Encore Bank provides a much-needed alternative to banking for the Nashville business community. Our newly built, talented Nashville team is looking forward to connecting each business, its owners, and its executive team with Encore Bank.”
With 23 years of experience in banking, Fawehinmi has worked for various banks in Middle Tennessee and Southern California. He has spent the past 16 years of his career working in the Nashville area. Fawehinmi holds a bachelor’s degree in Business Administration from California State University in Northridge, an MBA from Lipscomb University and a degree from the Graduate School of Banking at LSU. Active in his community, he is a member of the downtown Nashville Rotary Club and a board member of a local non-profit youth travel soccer club, which he helped organize in 2017.
“We are excited to establish our presence in Tennessee and thrilled Stephen will lead our expansion there,” said Phillip Jett, Encore’s chief banking officer. “With his entrepreneurial spirit, extensive banking experience and a gift for connecting with others, I am confident Stephen is the right kind of leader to build the Encore brand in Tennessee.”
Encore Bank has experienced rapid growth since it was established in 2019. With the addition of Nashville, Encore Bank is now operating in 17 markets across eight states. According to Jett, Encore’s growth and success is a result of its organic growth strategy that focuses on recruiting experienced, talented bankers in high-growth metro markets.
About Encore Bank
Founded in 1997 as The Capital Bank but rebranded as Encore Bank in 2019 after a change in leadership, Encore Bank is one of the fastest growing banks in the country. Encore Bank is a private, boutique bank with a commercial focus that couples highly experienced and talented bankers with innovative technology to offer unprecedented levels of personal service and experiences to its clients through a hospitality-inspired concierge approach. Encore Bank provides a full suite of financial products and services to businesses, business owners, professionals, their families and contacts with purpose, passion and precision. Headquartered in Little Rock, Ark., Encore Bank currently operates in 17 markets across eight states. As of Feb. 28, 2022, Encore Bank had $1.74 billion in total assets. Additional information about Encore Bank can be found at www.bankencore.com.