Sam Palmer Faucett III, 1935 -

Faucett 001.jpg

Title

Sam Palmer Faucett III, 1935 -

Subject

Bankers
Civic leaders

Description

Born on January 16, 1935 in Northport, Sam P. Faucett III, the son of Sam Faucett Jr., graduated from Tuscaloosa County public schools, the University of Alabama, the Graduate School of Banking at the University of Wisconsin, and the National School of Banking at the University of Oklahoma.

Although he started work as a teenager in Northport in the Adams Drug Store and the Faucett Brothers Store, of which his father was part owner, Faucett went into banking at The Tuscaloosa Bank after graduate school. He left banking for a few years to work for Shell Oil Company in New Orleans and New York, and then returned to banking at Regions Financial Corporation (previously known as First Alabama Bank and prior to that as City National Bank). Faucett retired from Regions Bank in 2000 after having served in many capacities including Chairman of the Board and CEO of the Tuscaloosa Bank and president of the Western, Florida and Louisiana Regions.

For 12 years, Faucett served as mayor and city councilman for the city of Northport. For 25 years, his leadership as a trustee of the DCH Health System was instrumental in the development of world-class, regional health system, which included expanded services, an open heart surgery center, cancer treatment center, a neonatal intensive care unit and many other services. And the results of his service as a long time member of Tuscaloosa Parks and Recreation Authority’s board is seen in expanded recreational resources for all citizens of every age.

He has played key leadership roles with the local Chamber of Commerce for many years, serving both the Northport and Tuscaloosa chambers – and he then led the way for the merger of the two to form Alabama’s first regional chamber, the Chamber of Commerce of West Alabama in 1984. Faucett was chairman of the Chamber of Commerce of West Alabama in 1988, where he was also director and treasurer and was voted the 2000 Entrepreneur of the Year. He was also voted Northport’s Citizen of the Year in 2000.

Active in a variety of civic, service, and charitable leadership positions, Mr. Faucett has made an impact through the United Way, the President’s Cabinet at the University of Alabama, Association of Retarded Citizens, the Tuscaloosa County Special Tax Board, Capstone Health Services Foundation, American Heart Association, and other leadership roles in banking and economic development..

In 1996, when the Tuscaloosa County school system was facing a major financial dilemma, it was Sam Faucett who stepped up to make today’s Tuscaloosa County High School a reality. Through his personal model of generosity and commitment with one of the largest gifts ever by an individual to a secondary school in the United States, he then provided the personal leadership and catalyst for a highly successful private funding initiative to build Tuscaloosa County High School, which today is known as “TCHS, the house that Sam built.”

Faucett was honored by inclusion in the Alabama Business Hall of Fame in 2007 and the Tuscaloosa County Civic Hall of Fame in 2005. He was Tuscaloosa County Citizen of the Year in 2010.

Faucett married Leslie Wood Faucett in 1957 and they have two daughters, Margaret Faucett Phillips and Marsha Faucett Crow.

http://www.tuscaloosachamber.com/the-chamber/hall-of-fame-new

Source

Sam Palmer Faucett III
Chamber of Commerce of West Alabama

Contributor

Betty Slowe (Description)
Elizabeth Bradt (Description)

Type

Photograph

Identifier

867

Coverage

Northport (AL)

Original Format

Photograph

Physical Dimensions

3 inches by 4 inches