First Security Group, the wholly-owned community-bank subsidiary of First Security, has appointed Michael Kramer as its chief executive officer to help the bank focus on creating a profitable community bank.
Kramer will also serve as the president of First Security and FSG Bank as well as director of FSG Bank, which is subject to regulatory non-objections.
Prior to FSG, Kramer served as the managing director of Ridley Capital Group, a private equity banking firm focused on financial service companies. He has also worked with regulatory agencies including the Federal Reserve Bank and Office of the Comptroller of the Currency.
Kramer has more than 20 years of executive leadership in commercial and retail banking, correspondent banking, credit and risk management, treasury management services, banking operations technology and market management.
Kramer also served as president and CEO of Ohio Legacy Corporation, and led a Board and management reorganization as well as executed a credit turnaround strategy and balance sheet transformation.
First Security Group, founded in 1999, provides retail and commercial banking services, trust and investment management, mortgage banking, financial planning and Internet banking services.