Southern Bank of Tennessee is proud to announce Micah Lacher as the newest board member.
Lacher is the Founder and President of Anchor Investments, LLC, which is a private Nashville-based real estate investing company. They acquire, develop, and manage commercial properties throughout the United States, with a focus on the Southeast and Midwest. Anchor Investments also purchases former church buildings and repurposes them as boutique hotels. Developments include The Russell Hotel and The Gallatin Hotel, both in East Nashville. Profits from those hotels are given to several non-profit organizations in the community to help Nashville’s underserved communities.
Lacher is also responsible for helping to raise more than $350,000 for the victims and the survivors of The Covenant School Shooting in March 2023, which took the lives of six people, including three children. His company offered a matching gift of $10,000 to help the families.
Lacher has been awarded several accolades. He was chosen by his peers as one of the Nashville Business Journal’s 2022 Most Admired CEOs, and was also named one of NBJ’s 40 under 40 in 2017.
Lacher attended the Haslam College of Business at the University of Tennessee, graduating with a bachelor’s of finance. Lacher is married to his wife, Brit, and they have three young children.
“Having local banks like Southern Bank of Tennessee is incredibly important to our communities. They work tirelessly to build relationships with customers, bringing a personal touch to banking. They also continuously invest in our communities through partnerships with local schools and businesses,” said Lacher. “I’m honored to be joining the board, and am excited to continue tackling new opportunities within the bank as well as looking for new ways to serve our communities.”
“We’re excited to have Micah joining our board at Southern Bank of Tennessee. He brings a wealth of experience, expertise, and passion,” said Samuel Short, CEO of Southern Bank of Tennessee. “With an ever-evolving financial landscape, it’s important we continue to enrich our board with diverse perspectives and expertise to better serve our customers and our communities.”