Samuel J. “Chip” Asbury, IV founded Asbury Management Group, Inc. in 2005 after completing a successful twenty seven year career in retail banking and consumer credit, providing executive leadership at four national banks. Chip’s extensive consumer lending experience includes ten years in various positions with First Union Corporation concluding with serving as President of wholly owned Capitol Finance Group, Inc. and its four divisions (consumer finance, mortgage, equipment leasing, and insurance). Chip additionally served on First Union Corporation’s Expanded Management Committee.
Additionally, Chip served five years as Operational Vice President of Aristar, Inc. (a Great Western Bank subsidiary), seven years as Senior Vice President of Washington Mutual Finance, and one year with CitiFinancial, a subsidiary of Citigroup.
Chip’s extensive consumer lending background has enabled him to successfully build a company that combines and balances credit risk management with consumer demand, and portfolio management. Chip created AMG’s performance management program that rewards employees for exceptional performance.
Chip earned a Master’s in Business Administration, a B.A. in Business Administration, and a B.A. in Economics from Pfeiffer University. Additionally, Chip was conferred a Doctorate of Humane Letter honoris causa by Pfeiffer University.
Chip currently serves on the Executive Committee/Board of Directors for the South Carolina Financial Services Association and the Georgia Installment Lenders Association. He has formerly held positions as the Chairman of the Board of Trustees for Pfeiffer University, the Executive Committee for the Pfeiffer Board of Trustees, Chairman of the Board of Matthews United Methodist Church and a past board member of the American Financial Services Association Independents Section advisory board and was one of the founders of Matthews Alive!, a nonprofit community services organization. Chip has been extensively involved in the past with many other industry associations and community groups.