Georgia Primary Bank Names Phil Beaudette as CLO

By Joyce Dimaculangan

In a statement, Georgia Primary Bank announced the appointment of Philip B. Beaudette as Chief Lending Officer as part of the Bank’s expansion of its Lending Department. Mr. Beaudette joined the Bank in 2011 and led the credit and lending areas in the wake of the economic recession. David R. Coxon, president and CEO of the Atlanta-based bank said the restructuring is a move that has been taken to “capitalize on the opportunities of the rebounding economy.”

Prior to joining Georgia Primary Bank, Mr. Beaudette served as Executive Vice President First Primary Bankand Chief Credit Officer at First Security Group, Inc. He has 35 years of experience in real estate, commercial lending, and banking in suburban Detroit. In the 1980s, in Wayne County, Michigan, he implemented one of the first U.S. Small Business Administration local development companies established in the country. The company provided financing for owner-occupied real estate and fixed asset acquisition. It was with SunTrust Bank in Chattanooga, Tennessee where he spent most of his tenure and where he supervised commercial real estate lending from 1987 to 2010.

Mr. Beaudette obtained a Bachelor of Science degree in Political Science from Western Michigan University and also attended the Stonier Graduate School of Banking.

About Georgia Primary Bank
Founded in 2007 and based in Atlanta, Georgia, Georgia Primary Bank is a community bank that offers personal and commercial banking services. It was formed by a group of business and civic leaders in Atlanta to serve the financial needs of individuals and businesses in the area. To learn more about Georgia Primary Bank, visit

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