On behalf of the BNA Bank board of directors, James R. Collins, President and CEO, announces the following promotion.
Mike Alef has been named President of BNA Insurance and Investments, a division of BNA Bank. In 2001 Mike joined BNA Bank as Vice-President, BNA Bank Insurance and Investments.
He is licensed as a General Securities Representative and holds a Series 7 designation. Alef is also licensed as an Investment Advisor Representative and holds a Series 65 designation.
“We are certainly proud of Mike and what he has been able to accomplish for BNA Bank,” Collins said. “His expertise has helped many small businesses and families with their retirement and investment programs.”
Alef is a graduate of Tupelo High School and received a Bachelor of Business Administration degree from the University of Mississippi. He is a member of the New Albany Rotary Club where he has served as secretary-treasurer for the past 17 years and is a Paul Harris Fellow. He has served on the Board of Directors of UNITE, as secretary and board member for the New Albany Bulldog Athletic Foundation, has been active with the Union County Leadership Academy, and is a past president of the Dean Provence Endowment for Excellence in Education. As a member of First United Methodist Church, he currently serves as Chairman of the Administrative Board and teaches Sunday school. Mike and his wife, Anita, have three adult children: Emily Carol, a teacher in the DeSoto County School System, Riley, a medical school student, and Martha Vance, a social worker for the Mississippi Department of Child Protective Services.
BNA Bank, established in 1896, is a state chartered bank with over $500 million in assets and approximately 850 shareholders. It is one of the few ‘A’ rated banks by Weiss Bank Rating Services and was recently inducted into the 2013 Seifried and Brew Top 15th percentile of community banks. BNA Bank serves Northeast Mississippi through offices in Union, Lee, and Lafayette counties.