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Cowart Named President of First State Bank and Trust

June 17, 2010, Valdosta, GA – First State Bank and Trust, a division of Synovus Bank, today announced the appointment of William S. “Bill” Cowart to the position of President.

 “Bill is a proven leader in our company and in the Valdosta market, having served customers in the Lowndes County area for the past 34 years,” said Mike Dover, Chairman of First State Bank’s local board of directors. “Bill’s strong relationships with customers and deep ties to this community make him the right choice for leading the First State Bank team toward continued growth and success.”

Cowart joined First State Bank in 2003 as a Senior Commercial Banker. He is a graduate of the University of Georgia Graduate School of Banking and the Graduate School of Banking at Louisiana State University.

Cowart is currently Chairman of the Board of Directors of the Hospital Authority of Valdosta and Lowndes County, Board Member for Valdosta State University Foundation and an active member of Park Avenue United Methodist Church.

First State Bank and Trust recently exceeded $600 million in assets for the first time in its history, and continues to post strong earnings and solid asset quality. With more than 23% in deposit market share, First State is the largest bank in Valdosta and Lowndes County.

About First State Bank and Trust

First State Bank and Trust is a division of Synovus Bank and operates 4 branches in Lowndes County. As it has for 104 years, First State Bank remains dedicated to the local community and offers diverse lines of business and personal financial services including Business Banking, Investment Services and Mortgage Lending. For more information, visit

Greg Hudgison
Phone: 706-644-0528