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Longtime banker Nichols moves to CUB

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After 34 years at Commonwealth, she decides it's time for a move.

By Lisa King

Belinda Nichols, a 34-year employee of Commonwealth Bank & Trust, starts a new job today in a key role with another Shelby County bank.

Nichols, formerly market president and chief interim retail officer at CB&T, is now a senior vice president at Citizens Union Bank.

Nichols, a Shelby County native who lives in Bagdad with her husband, Les, and has been with CB&T since high school, said that even though management “hated to see me go,” she is looking forward to an exciting new challenge at CUB.

“I’ll be helping with the strategic plan, and I’ll be building and expanding the relationships that I currently have, and working with the community partners that I already do,” she said.

CUB President David Bowling said that Nichols is not filling an existing position at the bank but one that was created for the purpose of bringing her onboard.

“It was an opportunity to add someone with Belinda’s talent and experience,” he said. “I don’t think there’s anybody in the community who’s better respected and well known and has the reputation that she has. We’re all about trying to be a community bank in Shelby County, so it’s just a perfect fit to bring in someone like Belinda.”

Bowling said that Nichols’ hiring meshes well with CUB’s celebration of its 125th anniversary.

“This [anniversary] gives us the chance to reaffirm our roots here in Shelby County as a community bank,” he said. “So it’s a perfect time to bring someone with Belinda’s banking experience and expertise on board.”

He said Nichols will be involved in helping to shape and coordinate CUB’s strategic plan, which has undergone changes during the past couple of years, as well as serving in other essential capacities.

“She’ll serve on some key committees with us, and there are some new areas that we’re interested in developing that we’re going to ask her to take a look at,” he said.

“She knows or has worked with many of our senior management staff already, so we expect it to be a very smooth transition.”