Stacy Suggs

 

Stacy Suggs serves as Executive Vice President and Chief Operations Officer for Bank Independent headquartered in Sheffield, Alabama. Stacy’s career with the Bank spans three decades beginning in 1988 when the Bank managed $100 million in assets and 9 locations. That has grown to $2.7 billion, 34 sales offices, a digital branch, and an additional $2.5 in annual receivables through Interstate Billing Service, a wholly owned accounts receivable subsidiary. Stacy is passionate about ensuring proper alignment and support of the Bank’s strategic plan.  She has broad exposure to multiple areas to include operations, credit analysis, and risk management. Her expertise helps ensure we play by the rules.

From her initial role as a bank proof operator, Stacy moved into auditing, credit analysis, regulatory compliance, information security, and into her previous role as Senior Vice President of Risk Management, which she held from 2006 to 2017. Stacy earned her Bachelor of Science in Accounting and Finance from the University of North Alabama and holds professional CFSA and CRMA certifications in Audit and Risk Management. Stacy was named UNA Alumni of the Year in 2023, elected to the UNA Foundation Board of Directors 2024, and continues to serve as President of the board to Safe Place, Inc., the only comprehensive domestic violence program offered in North Alabama.

Stacy is a life-long resident of the Shoals area. She and her husband Stuart, an entrepreneur and small business owner, reside in Tuscumbia, AL. They are the proud parents of two adult children, son Spenser and daughter Sydney, both of whom have earned degrees at UNA while working at Bank Independent.