Charles “Chuck” Sivley named chief technology officer

ASHEVILLE, NC, June 10, 2024 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (the “Company”), the holding company of HomeTrust Bank (the “Bank” or “HTB”), announced that Charles “Chuck” Sivley has been named Chief Technology Officer, effective today. Mr. Sivley will have primary responsibility for developing the Bank’s technical direction and strategy, ensuring the reliability, efficiency and scalability of the Bank’s technology infrastructure. He will serve as a member of the Executive Operating Committee and report directly to C. Hunter Westbrook, President and Chief Executive Officer. Mr. Sivley succeeds Chief Information Officer Marty T. Caywood, who will be leaving the Company and the Bank later this year after 29 years of service.

Mr. Sivley has over 30 years of technology experience. He started his career in large organizations and then moved through banks of various sizes and complexities. Along the way, he has demonstrated success in increasing efficiencies and strengthening operations, as well as driving technology transformations.

“As banking technology continues to evolve, HomeTrust will continue to focus on improving and continually strengthening our current operating environment while ensuring we remain competitive, efficient and secure,” said Hunter Westbrook. “Chuck’s extensive experience in banking technology and proven track record of driving technology innovation make him an invaluable addition to our leadership team. I look forward to working with him and am confident that his expertise will enhance our ability to stay at the forefront of the ever-changing technology landscape by improving technology solutions for our customers, without having to chase every shiny new ball.”

Mr. Sivley is a graduate of the University of Alabama at Birmingham and holds a Digital Banking Certificate from the Graduate School of Banking at the University of Wisconsin – Madison. Prior to joining HTB, he served as chief information officer at American National Bank, Highlands Union Bank and First State Bank of the Southeast. Mr. Sivley also worked for Southern Company Services and served in the U.S. Army Reserve.

About HomeTrust Bancshares, Inc.
HomeTrust Bancshares, Inc. is the holding company of HomeTrust Bank. As of March 31, 2024, the Company had assets of $4.7 billion. The bank, founded in 1926, is a community-focused, North Carolina-chartered financial institution committed to providing value-added relationship banking in more than 30 locations and online and mobile channels. Locations include: North Carolina (Asheville metropolitan area, Piedmont region, Charlotte and Raleigh/Cary), South Carolina (Greenville and Charleston), East Tennessee (Kingsport/Johnson City, Knoxville and Morristown), Southwest Virginia (Roanoke Valley ) and Georgia (Greater Atlanta).

The story continues

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but are based on certain assumptions, including statements regarding the Company’s beliefs, plans, objectives, objectives, expectations, assumptions and statements regarding future economic performance and forecasts of financial positions. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the results anticipated or implied by the forward-looking statements. Factors that could result in material variation include, but are not limited to, the impact of bank failures or adverse developments involving other banks and related negative press regarding the banking sector generally on investor and depositor sentiment; the remaining effects of the COVID-19 pandemic on the overall economic and financial situation and on public health, both domestically and in the Company’s market areas; expected revenues, savings, synergies and other benefits resulting from mergers and acquisitions may not be realized to the extent, within the expected time frames or at all, costs or difficulties associated with integration matters, including, but not limited to, customers and maintenance staff, may be greater than expected and goodwill impairment charges may be incurred; increased competitive pressure among financial services companies; changes in the interest rate environment; changes in general economic conditions, both nationally and in our market areas; legislative and regulatory changes; and the effects of inflation, a potential recession and other factors described in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission – which are available on the Company’s website at www. .htb.com and on the SEC’s website at www.sec.gov. Any forward-looking statements made by the Company in this press release or in documents the Company files or furnishes to the SEC are based on management’s beliefs and assumptions at the time the statements are made and may prove to be incorrect due to inaccurate assumptions, factors described above or other factors that management cannot predict. The Company undertakes no obligation, and specifically disclaims any obligation, to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

www.htb.com

CONTACT: Contact: C. Hunter Westbrook President and Chief Executive Officer HomeTrust Bank 828.365.7084