Thread Bank Welcomes Seasoned Banking Professional Rickman Davis as Chief Credit Officer

Davis joins Thread to Strengthen Credit Risk Management and Drive Growth While Elevating Customer Service

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Thread Bank (“Thread”) today announced the appointment of D. Rickman Davis as its new Chief Credit Officer. With an extensive background in credit risk and proven leadership in the banking industry, Davis will play an essential role in further strengthening Thread’s credit portfolio and supporting its long-term growth strategy.

As Chief Credit Officer, Davis will oversee the Bank’s credit risk management strategy, ensuring the strength and stability of its lending operations. His role will be instrumental in developing and implementing credit policies, managing risk portfolios, and driving credit-related strategies to support sustainable growth. In addition, Davis will work closely with the executive team to uphold Thread’s commitment to responsible lending practices and compliance with regulatory standards.

"We are committed to maintaining a robust credit risk management framework that ensures the continued growth and success of our institution while delivering outstanding service to our customers,” said Chris Black, CEO, President, and member of the Board of Directors of Thread. “With Rickman’s deep expertise in credit policy and risk management, I am confident he will enhance our credit operations and fuel our continued success.”

With more than a decade of experience in commercial banking and credit management, including his most recent position as Managing Director and Head of Commercial Credit at Live Oak Bank, Davis brings a consistent record of achievement to Thread. Throughout his tenure at Live Oak Bank, Davis held further senior leadership positions, including Head of Commercial Credit, Senior Credit Officer & Construction Leader and Credit Officer.

“I’m very excited to join the Thread team, and I look forward to continuing to strengthen the Bank’s credit operations and lending strategy as the Bank continues to scale, while maintaining our commitment to regulatory compliance,” said Rickman Davis. “Thread’s digital-first approach provides a unique opportunity to work at the forefront of innovation in community banking, helping to define the future of the industry and establish tech-forward, compliant credit policies, and lending strategies.”

Davis’ hiring comes on the heels of Mike Farrell joining the Bank as Chief Financial Officer and Clif Howard being appointed to the newly established Chief Accounting Officer role. These strategic appointments position Thread to build on its achievements, strengthen its credit risk management practices and drive its operational strategy forward, while expanding its embedded, business, and personal banking capabilities to meet the evolving needs of the marketplace.

To learn more about Thread Bank, please visit www.thread.bank.

About Thread Bank

Thread Bank, a wholly owned subsidiary of Thread Bancorp, Inc., is an FDIC-insured bank providing embedded and digital banking services nationwide and local community banking in Eastern Tennessee. To learn more about Thread Bank, visit thread.bank and connect with them on LinkedIn.