ServisFirst Bank announces New Chairman of Tennessee

Veteran Banker Jake Farrell Joins ServisFirst Bank Memphis
BusinessWireApril 19, 20245 min

ServisFirst Bank, a subsidiary of ServisFirst Bancshares, is pleased to announce the addition of Jake FarrellĀ to the ServisFirst Bank Memphis team. Jake will serve as Chairman of Tennessee working alongside Joel E. Smith, Market President of ServisFirst Bank Memphis, and Bradford Vieira, Regional President and CEO of ServisFirst Bank Tennessee, to grow the ServisFirst Bank market in Memphis and Nashville.

Jake Farrell,Ā Chairman of Tennessee

Jake Farrell joins ServisFirst Bank as Chairman of Tennessee and will be based in the ServisFirst Bank Memphis office. With a distinguished career spanning over four decades dedicated to serving the Memphis and Nashville region, Jake Farrell is a well-respected figure throughout Tennessee. With nearly 50 years of invaluable experience in the banking industry, Jake has demonstrated exceptional leadership, particularly in the establishment and growth of financial institutions. Most recently, Jake served as a key figure at Landmark Bank, where he joined in 2009 and spearheaded its growth until it sold in 2021.

ā€œI am very pleased to be on the same team again with Jake Farrell. Not only is Jake a great banker but he has been a good friend for many years,ā€ states Tom Broughton, ServisFirst Bank Chairman, Chief Executive Officer, and President. ā€œServisFirst had a close correspondent banking relationship with Landmark before the bank was sold and we are thrilled to have this opportunity.ā€

Throughout his career, Jake has demonstrated expertise in commercial lending, business development, and strategic planning, consistently driving growth and prosperity within the communities he serves. His deep understanding of local economies and dedication to fostering relationships has earned him the respect and admiration of clients and colleagues alike. Jakeā€™s passion for community banking extends far beyond the boardroom, as evidenced by his active involvement in various philanthropic initiatives and community development projects. His commitment to making a positive impact on society underscores his belief in the transformative power of banking as a force for good.

“I am deeply honored to have spent the last four decades serving my community through the field of banking,” states Jake Farrell, ServisFirst Bank Chairman of Tennessee. “I believe that by investing in people and businesses, we can create a more prosperous and resilient society for generations to come.”

As Jake embarks on the next chapter of his career, his experience and dedication will continue to shape the future of ServisFirst Bank. The Memphis office is currently operating as a loan production office and plans to be in its permanent location later this Fall.

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