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    James Sills

    President and CEO at M & F Bank

    Professional Background

    James Sills is a visionary leader currently serving as the President and CEO of Mechanics and Farmers Bank (M&F Bank), a cornerstone financial institution headquartered in Durham, North Carolina. With a storied history, M&F Bank is recognized as the second oldest African American-owned bank in the United States, boasting total assets of $265 million and operating across seven branch locations in five major market areas within North Carolina.

    With over three decades of experience in banking and technology management, James unifies a rich skill set that incorporates executive leadership, large-scale banking operations, and a strong background in community-focused initiatives. His tenure is marked by significant roles, including serving as the Cabinet Secretary and Chief Information Officer (CIO) for the State of Delaware, where he excelled in modernizing government services through technology.

    His dynamic career trajectory encompasses substantial contributions to the industry, most notably as the Executive Vice President of MBNA America Bank, which is now part of Bank of America. James's expertise has made a lasting impact both in the private and public sectors, bridging the gap between traditional banking practices and innovative technology applications.

    Education and Achievements

    James Sills is academically well-prepared for his leadership roles, holding a Bachelor of Arts in Public Administration from Morehouse College and a Master of Public Administration (MPA) in Financial Management & Information Systems from the University of Pittsburgh. His dedication to the field of banking is further evidenced by his completion of a Bank Administration Institute (BAI) certificate in Banking and Financial Support Services from the University of Wisconsin-Madison.

    Throughout his career, James has received numerous accolades for his outstanding contributions to banking and technology. His recognition as the IT Executive of the Year by Government Technology Magazine and as State Executive of the Year by State Scoop Magazine in 2014 highlights his innovative approaches and commitment to excellence in service delivery.

    Board Affiliations & Community Involvement

    In addition to his role at M&F Bank, James Sills is deeply committed to community service, as evidenced by his active participation on numerous boards. Since 2015, he has served on the Board of Directors for the North Carolina State Chamber of Commerce and the Durham Chamber of Commerce. He is also the Vice Chairman of the North Carolina Bankers Association, providing leadership that shapes the future of banking within the state.

    His influence extends to important educational institutions as well; he serves on the Board of Visitors for NC A&T State University and NC Central University, advocating for educational excellence and opportunities for future generations. His role on the Board of Directors for the Independent Community Bankers of America (ICBA) and the FDIC’s National Minority Banking Council further reflects his dedication to advancing minority banking and fostering inclusive financial practices.

    Furthermore, James contributes his expertise to the Federal Reserve Bank of Richmond, joining forces with other leaders to steer economic initiatives that bolster financial resilience within the community.

    Conclusion

    James Sills stands out as a remarkable leader in the banking sector, harnessing extensive experience in both technology and finance. His strategic vision for Mechanics and Farmers Bank positions it as an essential player in the North Carolina financial landscape. Through active engagement in community boards and educational initiatives, James reinforces the importance of serving the community, promoting educational advancement, and ensuring that the legacy of M&F Bank continues to thrive for future generations. As he guides M&F Bank into the future, his blend of experience, innovation, and commitment to excellence promise to make a significant impact in the realm of banking and beyond.

    Related Questions

    How did James Sills develop his extensive experience in banking and technology management?
    What innovations has James Sills implemented at Mechanics and Farmers Bank since becoming CEO?
    In what ways has James Sills contributed to the advancement of minority banking through his role on various boards?
    How has James Sills' education influenced his career in public administration and banking?
    What are the key initiatives James Sills has championed as a member of the NC Bankers Association?
    James Sills
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    Location

    Raleigh-Durham-Chapel Hill Area