Southwest Georgia Bank officials gathered at the corner of Eighth Street and Love Avenue on Thursday to break ground on their new Tifton location. Approximately 18 months ago, Southwest Georgia Financial Corp. of Moultrie, the parent company of Southwest Georgia Bank, announced its plans to expand into Tifton. The new bank will be located at 205 E. Eighth St., the former location of both Sav-a-Lot and a Piggly Wiggly grocery. The $1.6 million construction is expected to be completed by next April 1, and the bank is expected to have 12 to 15 employees. Based in Moultrie, Southwest Georgia Bank also has branch offices in Baker, Worth and Lowndes counties. Senior Vice President Chad Carpenter is overseeing the bank’s expansion into Tifton.
Source: Tifton Grapevine