Oakworth to enter Charlotte market after key hire

Oakworth Capital Bank in Birmingham, Ala., will enter the Charlotte, N.C., market after hiring a banker from Aquesta Bank. 

The $1.2 billion-asset bank said in a press release Wednesday that it had hired Tim Beck to serve as its central Carolinas market leader. Beck previously served as chief credit officer at Aquesta, which was sold to Unity Community Banks in October 2021.

"When we consider expanding to serve more communities, we always start with a culture leader who lives our five core values — golden rule, character, innovative and creative spirit, professionalism and work ethic," Scott Reed, Oakworth’s chairman and CEO, said in the release. 

"We couldn't be more thrilled to have someone with Tim's local leadership and financial experience to lead Oakworth in this dynamic market," Reed added. 

Beck has held positions at Bank of America, SouthTrust Bank, BB&T, First Horizon and Silverton Bank.

Oakworth said the new office will open soon with a grand opening expected early next year.