Queensborough National Bank & Trust Company is proud to
welcome its new Chief Financial Officer, Jeffrey L. Karafa.

Karafa has 39 years of hands-on banking experience as an executive, leader and mentor. He is a
strategic planner and a risk manager with enterprise risk management (ERM), Bank Secrecy Act
(BSA), asset liability management and compliance expertise. He also has experience in investor
relations and corporate governance.

Most recently, Karafa was the Executive Vice President and Chief Accounting Officer of Primis
Bank, where he was responsible for directing the accounting and finances of the regional
community bank serving Virginia, Maryland and the District of Columbia. He also has worked
for Sonabank and The National Bank of Washington, D.C., among others.

Karafa earned his Bachelor of Business Administration from the University of Michigan-Flint and
his Master of Business Administration with a concentration in economics from the University of
Detroit-Mercy.

Karafa is joining Phil Polhill, Queensborough’s current CFO. After serving the bank well for 25
years, Polhill is transitioning to the role of Executive Vice President – Finance.

Founded in 1902, Queensborough National Bank & Trust Co. is celebrating 120 years of
community banking in Georgia. Queensborough was named Best Small Bank in Georgia for
2021 by Newsweek and has 27 locations throughout the state. For more information,
visit www.QNBTRUST.bank and find Queensborough
on Facebook, Twitter, LinkedIn, YouTube and Instagram.