Spotlight on a Leader

Administration Building, Room 321

Martin, TN 38238


(731) 881-7298


Virginia Grimes


Spotlight on a Leader

David Hayes

David E. Hayes has served as the president/CEO of Security Bank in Dyersburg, Tennessee since 1991. Security Bank is a 170 million asset community bank. He currently serves as Vice Chairman and Chief Operating Officer of The Bank of Jackson, Director of Patriot Bank (Millington), Gates Banking & Trust Company and Security Bancorp of TN.


Hayes is a Past Chairman of the Independent Community Bankers of America serving as Chairman in 2005-2006. The ICBA is a national banking trade association representing nearly 5000 member banks throughout the country.. During his tenure as Chairman of the ICBA the Communities First Act was introduced and Comprehensive Deposit Insurance Reform was passed. Also during his tenure the ICBA started its all out fight to keep Wal-Mart and Home Depot out of the banking business. He also testified on GSE reform, Check 21, Regulatory Relief, and need for elimination for Credit Union Federal Tax Exemption.


Hayes also served as Chairman of the ICBA Services Network Board, chairman of the ICBA Payments and Technology Committee, chairman of the ICBA Financial Services Corporation, chairman of ICBA Bancard and also past member of the ICBA Securities Corporation board. Hayes also previously served as the ICBA representative on the Banking Industry Technological Secretariat (BITS) Board a technology and payments focused organization under the Financial Services Roundtable (an association of the 100 largest Financial Services Companies).


Hayes has also has served the Tennessee Bankers Association as a member of the Board of Directors, Endorsed Products Committee, and the Government Relations committee. Past service also includes chairman of Board of Trustees of the Southeastern School of Consumer Credit, chairman of the Strategic Technology Committee, and Board member of TBA’s Insurance Subsidiary (Financial Products and Services Company).


His education background includes Memphis State University Business Administration School, the Stonier Graduate School of Banking and numerous technical schools.


Active in community affairs, he serves as Chairman of the Dyer County Industrial Development Board and a Board Member of the Dyersburg Electric Company. He is past Chairman of the United Way of West Tennessee Board of Directors and past Chairman of the Dyersburg State Community College Foundation.


He currently serves as Vice Chairman of Regional Economic Development of the Dyersburg Dyer County Chamber of Commerce. Hayes served as the chairman of the Dyersburg/Dyer County Chamber of Commerce in 1996, past chairman of the Dyer County United Way and served as president of the Dyer County Heart Association.


Hayes also is member of the Industrial Action Team, and member of Board of Main Street Dyersburg. He is Past Co-Chairperson of the Mississippi River Corridor Project for Dyer County. He has previously served as chairman of the Vision XXI Community Strategic Planning project for the Chamber, and as a board member of Weststar Leadership for West Tennessee.


Hayes was named Dyersburg/Dyer County Man of the Year in 1999 and again in 2008 by the Chamber of Commerce.


Additionally, he has held a variety of leadership positions with his local church (First United Methodist Church-Dyersburg). Hayes was a charter member of both the Northwest TN Photography Club and the Dyersburg/Dyer County Photography Club.


Prior to moving to Dyersburg in 1991 Mr. Hayes was Senior Vice President at Union Planters National Bank in Memphis. He managed the bank’s Data Services division where he was responsible for software selection, implementation, and customer support and training for the bank’s affiliates and customer banks. He was also responsible for the development, installation, and support of the bank’s ATM (ANNIE) and POS networks, and other electronic banking products for the bank. He previously held several positions in the software design and development areas in addition to several day-to-day operational areas throughout the bank since joining in 1967.


He has been married to Sara for over 48 years, has two grown children and two grandchildren-(Joanna –13 and David N -12 years).

Spotlight on a Leader

David E. Hayes is this edition's Spotlight on a Leader.

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