Relyance Bank Announces Leadership Transition

Relyance Bank recently announced a leadership change.

Chuck Morgan will transition from chairman and CEO of the bank to chairman and CEO of Jefferson Bancshares Inc., effective Jan. 1. Morgan has been with the bank for 39 years and will continue serving on the bank’s board and remain actively involved in the organization’s future, according to a press release. Scott Pittillo will assume the role of president and CEO and board chair, effective Jan. 1.

“This transition allows me to focus on responsibilities at JBI while continuing to support an organization and community that mean so much to me,” Morgan said. “I am deeply grateful to our employees and customers for helping build the strength of this bank. We have an experienced team and a clear direction, and I look forward to supporting Scott as we continue moving Relyance forward.”

Morgan had informed the bank board that Pittillo was his planned successor to lead Relyance Bank.

“Scott and I share a vision for Relyance’s future: pursuing growth with sound banking principles and preserving the relationships that distinguish us as a community bank,” Morgan said. “I have great confidence in his judgment and 1 readiness to lead. Our focus remains on building momentum, responding to our customers’ needs and strengthening the communities we serve.”

Pittillo brings more than two decades of banking experience, including roles in consumer and commercial lending, funds management and financial leadership, the release stated. A White Hall native, he earned a degree in agricultural business from the University of Arkansas and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University and the Moore School of Investments at the University of South Carolina.

Relyance was founded in 1965 as Pine Bluff National Bank. A celebration of Morgan’s contributions and retirement from Relyance Bank, open to the public, will take place on Tuesday, Dec. 15, 2026, from 5-7 p.m. at the Relyance headquarters in White Hall.

Relyance Bank Announces Leadership Transition

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