TC Federal Bank Announces New CEO

oday, the TC Federal Bank (TCF) Board of Directors announced the promotion of Greg Eiford to Chief Executive Officer and the retirement of Matt Brown as CEO. Brown’s retirement follows a 45-year banking career and will be effective December 31, 2020. Eiford joined the bank in 2008 and was promoted to President in 2019. Nat Higdon will continue to serve on the executive management team as the Tallahassee Market President working with Eiford to grow the bank across the region.

Stephanie B. Tillman, Chairman of the Board, stated, “we feel confident in Greg’s ability to guide the organization going forward. He is committed to delivering results and enhancing the operations of the bank. He is a proven leader and will continue to be a strategic and operational catalyst for the organization as we transition from a mutual to a stock-based financial institution. With this appointment, Greg will join our board to serve as a director.”

Commenting on the retirement of Matt Brown, Tillman said, “We are deeply grateful to Matt for his wisdom, leadership and dedication to TCF. He will leave an indelible impression on the organization for years to come. We are pleased he will continue to remain on the board of directors.”

Eiford stated, “This is an exciting time in the 86-year history of the bank. Matt’s leadership the past two years has been pivotal in a shift of culture and operations for the bank. The management team is looking forward to future successes in the coming years as we seek to continue to enrich the communities where we live and serve.”

About TC Federal Bank
TC Federal Bank was established in Thomasville, Georgia in 1934. What began as a Savings & Loan by the citizens of Thomas County during the Great Depression, TC Federal Bank has grown into a $347 million dollar community bank serving the financial needs of families and businesses in North Florida and South Georgia communities. TC Federal Bank operates full-service banks in Thomasville, GA and Tallahassee, FL and a commercial lending office in Savannah, GA. TC Federal Bank is built on a long-standing Tradition of Trust and offers expertise in personal and business banking, as well as real estate lending. Throughout its history, TC Federal Bank has stayed open and committed to serving the community through a variety of economic cycles. Today, they are proud to be home to some of the best bankers in the area. Through premium customer service and enriched customer relationships, TC Federal Bank is the bank you can trust for a lifetime.