Good corporate governance is fundamental to INSBANK'S business.
It is essential that we practice responsible business principles, and continue to demonstrate our commitment to excellence to sustain value for our investors and stakeholders. INSBANK has long been proactive in establishing policies and practices that support strong corporate governance and transparency in financial reporting.
These practices provide an important framework within which our Board of Directors and management can pursue the strategic objectives of INSBANK and ensure its long term vitality for the benefit of shareholders.
Leadership Management
The Business Cred
As a kid, Jim couldn't decide if he wanted to be a secret agent, a basketball player, a specialty surgeon, or a fighter pilot. In high school, he found work as a disc jockey for a country music radio station. In the end, he settled on banking, where he has risen to the top! Check out the experiences that led to him to INSBANK:
- Began as Credit Analyst for the National Bank of Commerce
- Employed as Commercial Lender for Boatmen's Bank of Tennessee
- Served as the Department Manager for Small Business Banking
- Acted as the Division Head of Correspondent Banking for the National Bank of Commerce
- Chosen as the Chief Credit Officer of INSBANK during 2000 inception
- Government Relations Committee Chair and Board Member of Tennessee Bankers Association
- Member of the government relations council of the Americans bankers association.
- Board of Directors for Affordable Housing Resources in Nashville
- Member of the Sales Management Group, WCG Fedex St. Jude Invitational and the Rotary Club of Nashville
The Personal Stuff:
When Jim takes off his “Fearless Leader of INSBANK” hat and heads for home, you can bet he's either brainstorming new film concepts or perfecting his golf game. His day is made if it includes buttered popcorn, dark roast coffee, or a Sinatra Smash (a cocktail made famous at its namesake restaurant in Las Vegas, Nevada). He loves a good joke and any chance to travel to new places!
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The Business Cred
As a child, J Scott wanted to be an architect. But after he graduated from the University of Tennessee, he was starving and needed a job (like most recently graduated students!). Banking was calling his name. J Scott went on to attend the Graduate School of Banking at the Owen School of Management at Vanderbilt University. See what else he has achieved:
- Served as Executive Vice President and Chief Operating Officer at two other institutions
- Joined INSBANK when it was in organization in 2000
- Has co-authored 2 books on bank technology and operations
- FVP, Operations at INSBANK
- On the Administration Committee and the Advisory Board at Habitat for Humanity of Greater Nashville
The Personal Stuff:
If you want to get on J Scott's good side, bringing him a delicious donut and chocolate milk would be a slam dunk! You can find him playing with his Greyhound mix, Patch. On a normal weekend, you'd find him hanging out at Pinson Acres, cruising in Midtown on his electric bike, or boating on the lake. He can't live without his Architectural Monograph book collection, a good latte, and a nice porch. Ask him about his bartending degree and his farm!
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The Business Cred
As a child, Philip wanted to be a garbageman. Instead, the summer between his junior and senior year at Rhodes college, he knew he wanted to be a banker. The rest is history:
See Phillip's Previous Roles
- More than 9 Years, EVP & Chief Credit Officer at BankTennessee
- More than 10 Years, National Bank of Commerce, FVP Metropolitan Banking and Asset Based Lending
- Prior Credit Conference Committee, Tennessee Banker's Association
- Risk Management Association - Middle TN, Prior Chapter Board Member & Chief Credit Officer Roundtable
The Personal Stuff:
If you want to get on Philip's good side, bring him a bag of Lays Chips with bacon and horseradish dip. He'll wash it down with a Bearded Iris Homestyle IPA. In his free time, Philip is most likely listening to music while cooking at home, or driving fast. He has four pets: an airedale terrier named Bella, two great dane's named Beaucoup and Blue, and a black cat named Ziggy. He can't live without bacon, beer, and the Rolling Stones. Ask Philip about being a certified beer snob!
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The Business Cred
As a child, Chad was constantly drawing and had dreams of being an artist. Next, he wanted to be a park ranger. He went to Belmont University for a finance degree and is still in denial about being a banker (we think it was a good choice!). Check out his impressive list of achievements:
- INSBANK 2009-Present
- 2 years at First Citizens Bank Medical Commercial Officer
- 3 years at First Tennessee Bank as RM Private Client Group
- More than 6 years at National Bank of Commerce as a Private Banking Officer
- 2 years at Tennessee Financial Group
- More than 4 years at JDRF
- 2004-2008 Prevent Blindness TN
- Youth Baseball Coach
The Personal Stuff:
If you want to get on Chad's good side, bring him fruit snacks and an arnold palmer! You can find Chad out and about with his 3 dogs: Murphy (yellow lab), Pippa, and Nola (mini pomeranians). You can also find him on the golf course or at your local Mexican restaurant. He can't live without his vast shoe collection, good smelling shampoo, and chapstick. Ask him about his habit of picking up on people's idiosyncrasies (but be careful!).
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The Business Cred
As a child, Blake wanted to be a General Manager of an NFL or MLB team. He told his mother at a young age that he was going to work at a bank in his hometown of Hattiesburg, in part because of the bank's amazing architecture. The structure for his future was set after his college experience at Vanderbilt University. See what Blake has been up to:
- Phoenix Club of Nashville, Nashville Leadership Healthcare, Nashville Medical Group Management Association
- Tennessee Medical Group Management Association, NAIOP Commercial Real Estate Association, Nashville Junior Chamber
- Awarded Nashville Emerging Leader Award Top Ten Finalist; Nashville's "In Charge" for Healthcare
- Health Care Hero Award; Top 30 Under 30, NAIOP Developing Leader of the Year Finalist
- Special Olympics of Tennessee -YP Board Ambassador; Immanuel Church
The Personal Stuff:
If you want to make Blake's day, show up with a Snickers Bar and an IPA in hand. You can find him at Vanderbilt sporting events, on the golf course, spending time with his family and friends, or watching Major League Baseball. Blake says he can't live without traveling to new & interesting places, fantasy baseball/football, and Vanderbilt & Southern Miss athletics. Ask him about the 600+ hour research project he completed about identifying the various attributes cities need to support types & number of professional sports organizations.
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The Business Cred
Andrew was born to work in banking. His career began in a summer internship during his junior year of college. A little while after that internship, Andrew knew that banking was his destiny. He is a member of the Association for Financial Professionals and the Certified Treasury Professionals. He also won a junior achievement award in financial literacy.
Take a look at some of his previous roles:
- Smile Direct Club, Treasury Manager
- First Farmers and Merchants Bank, Senior Treasury Management Office
- The Leaders Bank, SVP Head of Treasury Management (Chicago, IL)
- BMO Harris Bank, AVP Treasury Portfolio Manager (Chicago, IL)
The Personal Stuff:
Andrew is a simple guy. He knows what he likes. Andrew drinks a coffee cup in the morning, water throughout the day, and winds down with a good bourbon on the rocks at night. One of the most interesting facts about Andrew is that he is a good luck charm! He was in attendance for an MLB Perfect Game and an MLB No-Hitter game. If you have a favorite baseball team, take Andrew to the game with you to guarantee a win!
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Corporate Administration
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The Business Cred
As a child, Amanda wanted to be an interior designer or a secretary. Now, she keeps us running at INSBANK! Check out the rest:
- 10 years at a Financial Advisory Firm
- 5 years at a Community Bank Partner as Loan Assistant, Co-Chair of Marketing/Retail Committees
The Personal Stuff:
To get on Amanda's good side, you should bring her pretzels with cream cheese and a Vanilla Coke! You can often find her In the yard (mowing or gardening), starting some random house project, or driving to/from Memphis to visit family. She can't live without warm weather, sleep, and of course, laughter. Ask her about her time living in Japan and Hawaii, or her competitive swimming career!
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Board of Directors
Our annually elected board of directors is comprised mostly of independent directors (with the only exception being the CEO, James H. Rieniets, Jr.). Each Director provides a unique business perspective, experience and skills, all valuable to the Bank. The board plays a vital oversight role, which fosters shareholder value and affects stakeholder confidence, through discussions with senior management and external advisors covering a wide range of matters including strategy, financial performance, compliance and policy.
Michael A. Qualls, Retired CEO of INSBANK
Consultant
Board of Directors
Russell Echlov, Partner
Ledyard Capital
James Fields, President/CEO
Concept Technology Inc.
Richard S. Hollis, Jr., Owner
Hollis & Burns, Inc
Stacey Garrett Koju, Attorney
Spencer Fane
Robert W. Lowe, Jr., Executive Managing Director
Stream Realty Nashville
Hope W. Lundt, Investment Manager
Spence Limited, L.P.
C. Louis Patten, Jr., Associate Partner
Cornerstone Insurance Group
James H. Rieniets, Jr., President/CEO
INSBANK
Philip R. Zanone, Jr., Chief Operating Officer
B. Riley Wealth Management
Directors Emeritus
- William E. Wallace
In Memory of Former Directors
- Maurice Pinson
- Thomas Loventhal
Board Committees
Committee and committee chair assignments are reviewed annually by the Board of Directors after considering factors such as the directors' business and corporate governance experience, the Governance Committee's recommendations, criteria for specific committee service, the directors' other responsibilities and scheduling flexibility. Assignments are periodically reviewed to ensure that each committee has an appropriate mix of tenure and experience in order to introduce fresh perspectives while preserving continuity.
- Governance Committee *
- Audit Committee *
- Compensation Committee *
- Asset / Liability Committee
- Management Committee
- Executive Loan Committee
- *outside director membership only in order to ensure independence
Bank Committees
Certain day to day processes and procedures conducted by the bank are better managed and monitored through a committee structure allowing the various departments and management input into enterprise wide issues. Executive Management recommends assignments to committees based on subject matter experience and departmental representation. Executive management is represented on each committee.
- IT Steering Committee
- Compliance Committee
- Officer Loan Committee
- BSA/SAR Committee