Full-Time
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Dogwood State Bank
51-200 employees
Community bank offering customized loans, deposits
No salary listed
Winston-Salem, NC, USA
In Person
 Finance & Banking (1) |
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- Bachelor’s Degree or equivalent experience.
- 5 years of banking experience with a focus on sales, management and customer relationships is required.
- Knowledge of Jack Henry or other similar banking platforms is beneficial.
- Must have a thorough knowledge of banking products and services.
- Must have knowledge of consumer loan and line of credit guidelines.
- Previous business development experience is essential.
- Must possess highly developed interpersonal and negotiating skills.
- Must be an effective motivator and communicator with customers, prospects and staff.
- Must have strong analysis and problem-solving skills.
- The ability to conduct staff meetings and periodic training is desired.
- Vision, hearing, speech, movements requiring the use of wrists, hands and/or fingers. Must be able to sit, stand, stoop, bend and lift up to 50 pounds.
- Must have the ability to work the days and hours required to fulfill the essential functions of the position.
- Generates new business within Branch market for deposit accounts, loans, and cash management.
- Complies with all Bank policies, regulations, and laws applicable to carrying out duties and responsibilities.
- Supervises retail staff, including coaching, development and discipline to help meet sales goals, strict adherence to policies and procedures, and to provide exceptional customer service, with staff level based on branch staffing model.
- Approves paid time off for staff, creates schedules for team members and assures staff hours/staff costs are within established criteria.
- Processes loan applications; pursuant to authority, policy and procedure.
- Prepares accurate reports as requested by management.
- Handles customer complaints and inquiries.
- Maintains a strong, visible and positive presence in the community through involvement in community events and clubs.
- Carries out supervisory responsibilities in accordance with the Bank’s policies and applicable laws.
- Has responsibility for following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering or other unlawful activities.
- Performs other duties as assigned.
- Knowledge of Jack Henry or other similar banking platforms is beneficial.
- The ability to conduct staff meetings and periodic training is desired.
Dogwood State Bank serves businesses and professionals in North Carolina with six local locations, offering customized loans, business deposits, and online banking tools. Its products work by tailoring loan and deposit options to each client’s needs and providing online features that help manage cash flow, make transactions, and monitor finances. The bank differentiates itself through a locally focused, relationship-driven approach backed by an experienced leadership team, aiming to provide personalized, client-specific service that larger banks can’t match. Its goal is to support the financial growth of its clients and community by delivering practical banking solutions and steady, sustainable growth for the institution.
Company Size
51-200
Company Stage
Acquired
Total Funding
$476M
Headquarters
Raleigh, North Carolina
Founded
2000
Simplify's Take
What believers are saying
- TowneBank merger completed January 12, 2026, boosts assets to $22 billion.
- Steve Jones leads Carolinas operations, leveraging 200+ years experience.
- Expands to 70+ locations across VA, NC, SC, and eastern Tennessee.
What critics are saying
- Systems integration by November 2026 disrupts online banking services.
- Customers defect to First Citizens due to diluted personalized service.
- Deposit outflows exceed FDIC limits post-merger liquidity crunch hits.
What makes Dogwood State Bank unique
- Dogwood specializes in customized loans and SBA lending for NC/SC businesses.
- Offers treasury management with ACH, wires, and remote deposit capture.
- Maintains community-first personalized service despite TowneBank merger.
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Benefits
Professional Development Budget
Company News
TowneBank announces David Lominack as South Carolina President. TowneBank and Dogwood State Bank, A Division of TowneBank, has added David Lominack as President of South Carolina. A respected industry leader across The Palmetto State, Lominack is based in Greenville, South Carolina, and takes the helm of the bank's newest markets, added through its partnership with Dogwood. Lominack brings decades of industry experience to the newly joined banks, most recently serving as South Carolina Market President for TD Bank. Lominack received his bachelor's degree in business administration from Presbyterian College and is a graduate of the Stonier Graduate School of Banking, Leadership Greenville, the Diversity Leadership Initiative at Furman University, and is a Liberty Fellow. "Adding David to the team is key to our success in South Carolina," said TowneBank Carolinas President Steve Jones. "His leadership and expertise will be critical as we grow our presence and continue to invest in markets across the state." Active in his community, Lominack serves on the Executive Committee and Board of Directors of United Way of Greenville County. He is past board chair for the South Carolina Bankers Association, the South Carolina Chamber of Commerce, the United Way of Greenville County, and the Greenville Chamber of Commerce, as well as past co-chair for Greenville County's Racial Equity and Economic Mobility Commission (REEM). "David is exceptionally well-regarded as both a financial services and community leader, and we are thrilled to welcome him to the Towne family," said William I. "Billy" Foster III, TowneBank President & CEO. "He will play a critical role in leading Dogwood markets that will become a permanent part of TowneBank later this year."
TowneBank is acquiring Raleigh-based Dogwood State Bank for $476 million. Dogwood's stock surged over 50% to $23.60. The acquisition adds 17 offices in NC and SC to TowneBank, which will have assets of $22 billion post-approval. Dogwood, with $2.4 billion in assets, was formed in 2019. It raised $70 million in 2019, $28 million in 2021, and $16 million in 2023. Dogwood CEO Steve Jones will lead TowneBank's NC and SC operations. The deal is expected to boost Towne's EPS by 8% in 2027.
TowneBank (NASDAQ: TOWN) will expand its presence in the Carolinas with an agreement to acquire Dogwood State Bank (OTCQX: DSBX) in a deal valued at approximately $476 million, the company announced in a media release on Tuesday, Aug. 19.
Since merging with the former Community First Bank this year, Dogwood has not only upheld its commitment to personal service but has also introduced cutting-edge technology and a broader range of resources to its customers - all while keeping its community-first values at the core.
Dogwood State Bank (OTC: DSBX) and Community First Bancorporation (OTC: CFOK) have received all required regulatory approvals for their merger, expected to close on August 1, 2024. The combined company will have approximately $2.13 billion in assets, $1.66 billion in loans, and $1.80 billion in deposits as of March 31, 2024. Steve Jones, CEO of Dogwood, expressed excitement about the merger's potential to create enhanced value for customers, employees, and shareholders.