United Community Bank strengthens finance team with experienced Treasurer
November 30, 2021
United Community Bank is pleased to add veteran financial services professional Michael Buttner as SVP and Treasurer, enhancing an already deeply skilled finance team. Mr. Buttner brings more than 30 years of diverse experience across the financial services industry to the role, where he will be responsible for overseeing United’s liquidity planning, interest rate risk management, investment portfolio and balance sheet strategies that support the Company’s growth and operating objectives.
“We are pleased to add someone with Mike’s wide-ranging expertise and in-depth understanding of all aspects of our business,” said Jefferson Harralson, Chief Financial Officer of United Community Bank. “As our balance sheet continues to grow, Mike’s industry insights and oversight of our financial operations will be critical to our ability to scale successfully.”
Prior to joining United Community Bank, Mr. Buttner was a founding member of Milepost Capital Management, a bank treasury advisor and mortgage fund. He also served as Chief Risk Officer at Hatteras Financial, where he managed all aspects of the mortgage REIT risk. From 1990 until 2013, Mr. Buttner held a number of senior positions with First Union and its successors, Wachovia and Wells Fargo. This included Head of Bank Strategy and Head of Mortgage Trading at Wells Fargo Securities. Earlier in his career, he was CEO of Wachovia Bank International, Wachovia’s European bank platform, and led Wachovia’s portfolio management team.
“I’m thrilled to join United Community Bank. This is an exciting time for the bank and I look forward to working with the whole team. I hope to utilize my broad experience to help as the bank looks to expand services, products and capabilities across the Southeast,” said Mr. Buttner.
Mr. Buttner began his career in New York working for Contitrade Services, a Continental Grain subsidiary followed by Salomon Brothers in analyst and accounting roles. He moved to Charlotte in 1990 to join First Union as an asset liability analyst in the treasury department. Mr. Buttner holds a BS in Finance and Accounting MBA from Fordham University.
About United Community Banks, Inc.
United Community Banks, Inc. (NASDAQGS: UCBI) provides a full range of banking, wealth management and mortgage services for relationship-oriented consumers and business owners. The company, known as “The Bank That SERVICE Built,” has been recognized nationally for delivering award-winning service. At September 30, 2021, United had $19.5 billion in assets and 171 offices in Florida, Georgia, North Carolina, South Carolina and Tennessee along with a national SBA lending franchise and a national equipment lending subsidiary. Through its October 1, 2021 acquisition of Aquesta and its wholly-owned banking subsidiary, Aquesta Bank, United added $754 million in assets and nine banking offices in high growth markets in North Carolina. In 2021, J.D. Power ranked United highest in customer satisfaction with retail banking in the Southeast, marking seven out of the last eight years United earned the coveted award. United was also named one of the “Best Banks to Work For” by American Banker in 2020 for the fourth year in a row based on employee satisfaction. Forbes included United in its inaugural list of the World’s Best Banks in 2019 and again in 2020. Forbes also recognized United on its 2021 list of the 100 Best Banks in America for the eighth consecutive year. United also received five Greenwich Excellence Awards in 2020 for excellence in Small Business Banking, including a national award for Overall Satisfaction. Additional information about United can be found at www.ucbi.com.
