Dave Krause, CPA

Chief Financial Officer

Professional Overview

Dave Krause is an accomplished Chief Financial Officer with over 25 years of experience in the banking and financial services industry. He is known for his strategic financial leadership, profound technical expertise, and ability to drive operational excellence.

Current Role

As the Chief Financial Officer at Community Bank of the South, Dave is responsible for overseeing all financial operations, including financial reporting, budgeting, forecasting, and regulatory compliance. He plays a pivotal role in shaping the bank's long-term financial strategy, optimizing capital allocation, and ensuring the organization's financial stability and growth.

Career Progression

Prior to joining Community Bank of the South, Dave served as the Chief Financial Officer at Auburn Savings Bank for over 5 years, where he spearheaded the implementation of robust financial controls, streamlined reporting processes, and played a crucial role in the bank's successful acquisition strategy. Before that, he held various leadership positions at Ocean City Home Bank, progressing from Vice President and Internal Auditor to First Vice President and Controller, demonstrating his breadth of experience and commitment to continuous professional development.

Academic Background

Dave holds a Bachelor's degree in Accounting from Stockton University. He is a Certified Public Accountant (CPA) and maintains a strong commitment to professional development, staying abreast of industry trends and best practices.

Areas of Expertise

• Financial management and reporting

• Strategic planning and budgeting

• Regulatory compliance and risk management

• Mergers and acquisitions

• Process improvement and operational optimization

• Leadership and team building

Professional Impact

Throughout his career, Dave has consistently delivered measurable results, including improving profitability, enhancing operational efficiency, and driving successful integration of acquired entities. He is recognized as a trusted advisor and collaborative partner, contributing to the overall success and growth of the organizations he has served.

Conclusion

With his extensive experience, technical expertise, and strategic mindset, Dave Krause is poised to continue making a significant impact as the Chief Financial Officer at Community Bank of the South. He is committed to leveraging his financial acumen and leadership skills to support the bank's long-term objectives and drive sustainable value for its stakeholders.