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TexasTowelie

(112,571 posts)
Wed Jun 20, 2018, 09:38 PM Jun 2018

Jay Fant doesn't mention his bank failures in application for banking regulator

State Rep. Jay Fant touts his experience leading his family's Jacksonville bank as justification for becoming the state's banking regulator.

But in his application, released Wednesday, he doesn't mention the most important aspect of his experience: it was run into the ground under his leadership.

Fant, a Jacksonville Republican, spent 18 years working at First Guaranty Bank & Trust of Jacksonville, the last nine as its CEO. The bank was founded by Fant's grandfather in 1947, and at one point it was the oldest bank in Tallahassee.

According to his application, his "reason for leaving" First Guaranty was that it "became CenterState Bank."

Read more: http://www.tampabay.com/florida-politics/buzz/2018/06/20/jay-fant-doesnt-mention-his-bank-failures-in-application-for-banking-regulator/

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