First US Bank appoints Scott Cox as senior commercial lending exec

BIRMINGHAM, Ala. - First US Bank announced Monday that Scott Cox has joined the institution as its Senior Commercial Lending Executive. Cox brings 27 years of industry experience in corporate banking, business banking, and wealth management to the role. The appointment comes as the bank maintains strong financial performance, with InvestingPro data showing a notable 30% stock return over the past year and profitable operations in the last twelve months.

In his new position, Cox will lead a team of commercial lenders across the bank’s key markets to drive continued growth. He previously served as East Region Market CEO for Commercial Banking Offices and Community Markets at BBVA USA and holds a bachelor’s degree in economics from the University of North Carolina at Chapel Hill.

"Scott has a proven track record of success, and his expertise will be invaluable as we continue to deepen client relationships and strengthen our presence in Alabama and east Tennessee," said James F. House, First US Bank’s Chairman, President, and CEO.

Cox expressed enthusiasm about his new role, stating, "It’s an honor to join an organization with such a strong foundation that is poised for growth."

First US Bank operates banking offices across Alabama, Tennessee, and Virginia. It is a wholly-owned subsidiary of First US Bancshares, Inc., which trades on the Nasdaq Capital Market under the symbol "FUSB."

The information in this article is based on a company press release.

In other recent news, First US Bancshares announced a cash dividend of $0.07 per share, marking the forty-fourth consecutive quarter of dividend payments. This dividend will be payable on July 1, 2025, to shareholders recorded by June 13, 2025. The company’s President and CEO, James F. House, highlighted the commitment to rewarding shareholders while maintaining a strong capital foundation. Additionally, First US Bancshares held its Annual Meeting of Shareholders, where all director nominees were elected for the upcoming year. The meeting also resulted in the ratification of the company’s independent registered public accountants and advisory approval of executive compensation. Among the elected directors are Robert Stephen Briggs, Robert C. Field, and James F. House, among others. The election saw a significant majority in favor, with broker non-votes noted. These developments reflect First US Bancshares’ ongoing corporate governance and shareholder engagement efforts.

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