HomeTrust Bancshares has appointed Charles F. Bowman to the boards of both the company and its subsidiary, HomeTrust Bank. The appointment took effect October 26; Bowman had served as an advisory director since July.
The move adds an experienced banking executive with legal and regulatory background to the boards. HomeTrust is an Asheville-based regional community bank holding company with $4.4 billion in assets as of September 30, 2026.
- Board terms and pay: Bowman will serve in the director class whose terms expire in 2028. His board committee assignments have not yet been decided. He will receive the same general compensation as the company’s other non-employee directors.
- Banking experience: Bowman retired in 2022 as Bank of America’s president for North Carolina after 26 years with the bank. His senior roles included global compliance executive and associate general counsel, as well as leadership positions spanning trust services, government relations, supplier management, regulatory remediation and community engagement.
- Other roles: He is an advisor to MyNextSeason and serves on the boards of Atrium Health and the North Carolina Partnership for Children, and as a trustee of the Metropolitan Public Transit Authority. Earlier in his career, he practiced law in Charlotte and worked with the Morehead-Cain Foundation.
- Board rationale: HomeTrust Chairman Richard T. “Stick” Williams cited Bowman’s banking leadership and knowledge of legal and regulatory matters as useful experience for the board as it advances the company’s strategic priorities.
The appointment changes the composition of HomeTrust’s company and bank boards, but the announcement describes no change to ownership, control or the company’s capital structure.