Service, Integrity, Confidentiality, Profitability, Security – Commonwealth’s Core Values/Competencies
In 1976, Commonwealth opened its doors in the heart of Mobile with a mission to serve our neighbors, friends, and community members. The majority of our founders were raised in the Mobile community and positioned Commonwealth right in Toulminville to ensure banking services were available to their community. They had the vision to provide the citizens in the Mobile area with a choice of doing business with a financial institution in their own community, where they could directly benefit from its economic impact and employment opportunities.
Here at Commonwealth, we understand, empathize, and know firsthand the unique challenges and banking needs of local businesses and consumers. As a locally owned and managed financial institution and the only Black-owned bank in our region, Commonwealth only thrives when you do.
Born and bred in Mobile means Mobile and its surrounding areas are our bread and butter. We are in the business of happy customers, employees, and shareholders. Transform your business and personal banking experience with Commonwealth.
Commonwealth’s Management Team is as follows:
- Sidney King, Chief Executive Officer and President
- Rodney Lee, Sr., VP, Compliance
- Ashley Cooke, Strategic Initiative Officer
- Percy Jenkins, AVP, Loan Administration
- Bo White, AVP, Commercial Lending
- Arthesta Crayton-Kelly, AVP Administrative Affairs
- Helen Woodard, Manager of Accounting Department
- Robert Lewis, IT Administrator
Board of Directors of Commonwealth National Bank is as follows:
Patrick Cooper, Chairman
Patrick is a graduate of McGill-Toolen High School here in Mobile, Yale College and Yale Law School. He played varsity basketball at Yale. Patrick practiced on Wall Street at Cravath, Swaine & Moore, next in San Francisco, and then as a partner at Maynard Cooper & Gale in Birmingham. A nationally recognized class action trial attorney, he started his own firm Ward & Cooper in 2006. Patrick is a member of the Board of Directors of the National Bankers Association (“NBA”) and its Executive Committee. He is also the Vice-Chair of the National Bankers Community Alliance, a non-profit affiliated with the NBA.
Mr. Williams has a Bachelors degree in Mathematics/Economics from Yale College and a Master of Business Administration from Columbia Business School. He is a retired Managing Director of JP Morgan.
Mrs. Cooper is co-founder of the voter education non-profit Stand Up Mobile: A Blueprint for US. She retired after 15 years as President of The Christian Benevolent Funeral Home, Inc. a family- owned business for 96 years. She holds a Master in Social Work from Virginia Commonwealth University.
Dr. Dunning is the Dean of the Grace Pilot School of Business of the University of Mobile and an Associate Professor of Accounting. She serves as the Chair of the Board of Trustees for a local foundation with over $6 million in invested assets. Dr. Dunning also serves as the Chair of the Governing Council of the Mobile County Board of Health.
Mr. Johnson is the President and Owner of Bama Pest Control. He has over forty years of experience in the pest control industry. Mr. Johnson served in the US Army (Military Police Corps) Vietnam from 1969-1971 with an honorable discharge. He then started in the pest control industry where he learned the science, safety, and regulations of different types of pests. After four years in the pest control industry, Mr. Johnson started his own pest control company in 1980. He is on numerous leadership boards and helps with non-profit organizations.
Mr. King earned an accounting degree from DePaul University in Chicago and subsequently earned an accreditation as a Certified Public Accountant while employed at a medium sized Chicago based accounting firm. His banking career started at Harris Trust and Savings Bank where he successfully completed their formal credit training program. Mr. King has over 40 years of progressive banking experience, including nearly 20 years as President and CEO.
Mr. Alozie serves as Managing Director for Greenwood Capital Advisors, LLC where he leads private debt origination for companies throughout the country. Previously, he worked for other financial firms including Morgan Stanley and Lehman Brothers. Ken has a Masters in Finance from London Business School, an MBA from the University of Michigan and a Bachelors in Finance from Loyola Marymount University.
Timothy Hale, Jr.
Mr. Hale is an Assistant Principal at Mattie T. Blount High School. He has a Masters Degree in Educational Leadership Supervision from the University of South Alabama and a Bachelors in Secondary Education (Social Studies) from Southern University in Baton Rouge, Louisiana. Mr. Hale is an entrepreneur with several businesses in the Mobile and Prichard areas of Mobile County, Alabama.
Taylor M. Watson
Mr. Watson is a partner at Lafayette Land Co. and manages a series of CRE micro-funds with the IWS Group. Mr. Watson holds a BBA, with distinction, from Loyola Marymount University and a JD from American University. He is a Member of the New York City Bar Association and a Marshall Brennan Constitutional Literacy Fellow.