News Summary
Capital City Bank announces the appointment of Bethany Corum as its first female president, set to take office on July 1, 2025. Corum, who has been with the bank since 2006, brings extensive leadership experience, having served as COO since 2015. The transition comes alongside Tom Barron’s new role within the bank, as he steps down from the presidency after over 50 years. This historic change is expected to drive innovative strategies and enhance the bank’s management structure for sustainable growth.
Tallahassee, Florida – Bethany Corum has been appointed as the first female president of Capital City Bank, according to an announcement made by the bank’s board of directors. Corum’s new role will take effect on July 1, 2025, coinciding with the bank’s 130th anniversary.
This leadership transition marks a significant milestone in the bank’s history as it looks to diversify its executive roles and enhance its management structure for future growth. Corum’s appointment comes as Tom Barron, who has been with Capital City Bank for more than five decades, shifts to a new position as president of Capital City Bank Group and chairman of the Capital City Bank Board of Directors.
Corum, who has been with the bank since 2006, has held various leadership positions, including serving as chief operating officer since 2015. In this role, she has managed several departments, including commercial lending, retail market management, and wealth management. Her extensive experience and unwavering commitment to the bank’s mission have positioned her as a key figure in its leadership.
Tom Barron will continue to oversee the daily operations of Capital City Bank while facilitating the bank’s growth in his new capacity. William G. Smith Jr. will maintain his role as chairman and CEO of Capital City Bank Group, focusing on the company’s corporate strategy and governance as well as its financial performance. The concurrent leadership shifts aim to strengthen the bank’s management team as it prepares for the future.
Corum holds a bachelor’s degree from the University of Tennessee at Martin and a master’s degree from Florida State University. Beyond her professional role, she is deeply committed to community service, acting as treasurer of the Tallahassee Memorial Healthcare Board of Directors and chairman of the United Way of the Big Bend. In addition, Corum has held various leadership positions in local organizations, including serving as the chair of the Children’s Home Society of North Florida and as past chair of the Greater Tallahassee Chamber of Commerce.
As Corum ascends to the presidency, Barron’s tenure is noteworthy, especially given that he has spent 51 years with the bank, 30 of which he served as president. Barron holds an MBA from Florida State University and has participated in numerous boards and community leadership roles throughout his career.
Capital City Bank currently operates with approximately $4.5 billion in assets, boasting 62 banking offices and 105 ATMs/ITMs across Florida, Georgia, and Alabama. The bank is recognized for offering a comprehensive range of banking services, including traditional deposit and credit services, mortgage banking, asset management, and financial advisory services.
In conjunction with the announcement of Corum’s promotion, the board of directors declared a quarterly cash dividend of $0.24 per share, payable on June 23, 2025, to shareholders of record as of June 9, 2025. This move not only reflects the bank’s stability but also its commitment to rewarding shareholders as it gears up for a new chapter in its leadership.
This historical appointment of Bethany Corum as president of Capital City Bank is expected to pave the way for innovative strategies and inclusive leadership as the bank investigates new growth opportunities.
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Additional Resources
- GlobeNewswire: Leadership Transition at Capital City Bank
- Investing.com: Capital City Bank Names First Female President
- Nasdaq: Capital City Bank Declares Quarterly Cash Dividend
- Wikipedia: Capital City Bank
- Encyclopedia Britannica: Bank
Author: STAFF HERE TALLAHASSEE WRITER
The TALLAHASSEE STAFF WRITER represents the experienced team at HERETallahassee.com, your go-to source for actionable local news and information in Tallahassee, Leon County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Springtime Tallahassee, Tallahassee Jazz & Blues Festival, and LeMoyne Chain of Parks Art Festival. Our coverage extends to key organizations like the Greater Tallahassee Chamber of Commerce and United Way of the Big Bend, plus leading businesses in education, healthcare, and insurance that power the local economy such as Florida State University, Tallahassee Memorial HealthCare, and Capital Health Plan. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HEREStPetersburg.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
