William B. Marsh, chairman and chief executive officer of First Commerce Bank in Lewisburg, was installed as chairman of the Tennessee Bankers Association during ceremonies at the closing banquet of the organization’s 124th Annual Meeting.
Almost 600 members of the financial services industry and related businesses attended the convention.
Marsh accepted the chairman’s gavel from Jeff Agee, president and CEO of First Citizens National Bank, Dyersburg, who served as TBA chairman for 2013-2014.
Agee will remain a member of the association’s board of directors for the next three years to help ensure continuity of leadership.
Delegates from TBA-member institutions elect new executive officers and new board members each year during the annual convention, with members receiving one vote per charter.
Executive officers elected for 2014-2015 are: chairman, William B. Marsh; chairman-elect, David C. Berble, president and CEO, Citizens National Bank, Sevierville; vice chairman, Gordon Majors, president and CEO, The Hardin County Bank, Savannah; and immediate past chairman, Jeffrey D. Agee.
Marsh began his banking career in 1973 as a bank examiner with the Tennessee Department of Financial Institutions and after five years joined Peoples and Union Bank in Lewisburg. Marsh became president of Peoples and Union Bank in 1986 and remained in that position until the bank was sold in 2001.
At that point, he and a group of local business leaders from Lewisburg started First Commerce Bank in 2002. Today, the bank has over $275 million in assets with 51 employees.
Marsh earned his bachelor of science degree from the University of Tennessee, Knoxville in 1973.
He is also a graduate of The Southeastern School of Banking at Vanderbilt University and of the Mid-South School of Banking at the University of Memphis. He attended the Executive Development School at Rhodes College in 1988-89.
Currently, Marsh is a member of the City of Lewisburg’s Water and Wastewater Board and is the finance chairman for the First United Methodist Church of Lewisburg.
He served as the chairman of the board of the Marshall Medical Center from 1992 until 2001 and remains a member of its board of directors. He has held a variety of other positions in city and nonprofit organizations.
Marsh also served as chairman of the board of Financial Products and Services, Inc., a wholly owned subsidiary of the Tennessee Bankers Association.
He is married to Carol, his wife of 39 years. They have two children, a son, Brian Marsh, and his wife, Mary Courtney; daughter, Caroline Marsh Buckley and her husband, Luke; and one granddaughter, Eleanor Buckley.