Seacoast Bank hired James Stallings, a banking and credit risk professional with nearly 25 years of experience, as executive vice president and chief credit officer. Stallings will succeed Richard Raiford, who recently retired.
Stallings’ career began in 1998 as a management associate and credit analyst at BB&T. Over a two-decade career with the company, he progressed to serve as a senior credit executive, overseeing a team of credit officers and a $60 billion portfolio. In addition, he has held a diverse set of roles, including overseeing credit for the commercial community bank, corporate C&I and specialty finance.
“Our strategic vision, culture and focus on disciplined growth continues to attract high quality financial services leadership,” Chuck Shaffer, chairman and CEO of Seacoast Bank, said. “James brings an extensive and diverse background in credit risk administration, helping BB&T grow from a community bank when he joined to a very successful regional bank prior to its merger with SunTrust. I am excited to welcome James as he helps position the company for sustainable growth while maintaining our commitment to disciplined underwriting standards.”