Ever wonder about the figures who quietly build a community? Charles Allgood was one such man, transitioning from a beloved math teacher to a banking titan and visionary leader in Dalton, Georgia. His life was a tapestry of civic service and family devotion, peppered with a great sense of humor. What truly makes a lasting impact on a town?
The community of Dalton and Northwest Georgia mourns the passing of Charles Allgood, a distinguished figure whose profound impact resonated across the banking sector and through numerous civic initiatives. Remembered as a visionary leader, devoted family man, and loyal friend, Allgood’s life was a testament to dedication, integrity, and unwavering commitment to public service. His journey from an aspiring educator to a banking titan shaped local economic landscapes and fostered significant community development.
Allgood’s professional path began with a cherished role as a high school math teacher in his hometown of Rockmart, following his graduation from Emory University. While he adored teaching, the economic realities of supporting a young family led him to transition into the banking industry. This pivotal career change, though pragmatic, would ultimately lay the groundwork for a prolific career marked by significant contributions to regional finance and beyond.
His banking career truly blossomed in Dalton, where he initially joined Hardwick Bank. The move to Dalton, shared with his wife, Laura, was initially met with hesitation, but the couple soon found themselves embraced by the welcoming spirit of the community. This early experience in Dalton, including a stint at First National Bank of Dalton, provided Allgood with crucial insights into the financial workings of the burgeoning city, then heavily influenced by the vibrant carpet industry.
A brief return to Rockmart saw Allgood assume the presidency of The Rockmart Bank. However, seeking greater challenge and growth opportunities, he soon returned to Dalton to lead the newly acquired Bank of Dalton, purchased by First National Bank. This period was particularly dynamic, characterized by ambitious business leaders willing to take calculated risks and a banking environment where significant deals were often sealed with a handshake, a testament to the trust Allgood cultivated with entrepreneurs.
Allgood’s leadership continued to define the financial sector in the region as he subsequently headed the brand-new Dalton/Whitfield Bank & Trust and ultimately concluded his distinguished career as president and CEO of Dalton’s Alliance National Bank. Through these roles, he not only managed significant financial operations but also fostered an environment of trust and astute financial guidance, becoming a respected figure among his peers.
Beyond his professional accolades, Charles Allgood was an exceptional community leader, leaving an indelible mark on various organizations. He served with distinction as president of the Dalton-Whitfield Chamber of Commerce, chaired the United Way of Northwest Georgia campaign, and led the Dalton Rotary Club. His tenure at the Chamber was particularly impactful, witnessing the launch of the popular Leadership Dalton program and the innovative Education Is Essential initiative, aimed at addressing high school dropout rates by providing crucial student incentives.
Allgood’s influence extended to significant economic development efforts, instrumental in establishing the Whitfield County Economic Development Board in the early 1980s, which sought to diversify the local economy by recruiting new industries. Colleagues remembered him for his kindness and foresight; Dawn Taylor, Dalton’s first female bank president, recounted his immediate congratulations and sponsorship into the Rotary Club, while David Gregg hailed him as a mentor who exemplified honesty and integrity in banking.
Even amidst his serious professional and civic duties, Charles Allgood maintained a vibrant personal life and a good sense of humor. Amusing anecdotes, such as his wife Laura’s creative repurposing of commemorative water glasses or his self-deprecating humor about his tennis skills, paint a picture of a man cherished by his family and friends, including his Tuesday poker group. Predeceased by his parents and a sister, Charles Allgood is survived by his beloved wife, Laura, his son Bryan Lee, daughter Elizabeth Sloan Scarborough, and a host of grandchildren and great-grandchildren, all of whom continue his enduring legacy.
