In February, Chad D. Stary was welcomed as the new president and CEO of the First State Bank of Uvalde. The announcement was made by Dolph “Chip” Briscoe III, the bank’s chairman. Stary will be the 11th president to serve during the landmark bank’s 111-year history.
“I am very honored to have this opportunity to be with the First State Bank of Uvalde and back in rural south Texas,” Stary says. “First State Bank of Uvalde is a true Texas legacy ranching bank.”
A graduate of the University of Houston and Victoria College, Stary holds an AIB commercial lending diploma and completed the Federal Reserve Banking I and II schools. He has 32 years of banking experience, including being president/chief lending officer of Guadalupe National Bank, executive vice president/chief credit officer of Kleberg First National Bank and Guadalupe Valley regional president for Prosperity Bank. He also worked as an assistant examiner with the Federal Reserve Bank of Dallas.
First State Bank of Uvalde has a unique history of ownership. In the first half of its existence, the majority share of the bank’s stock was held by U.S. Vice President John Nance “Cactus Jack” Garner and his family. In 1960, the late Dolph Briscoe Jr., former Texas governor, purchased controlling interest in the bank.
Published in Bankers Digest March 5, 2018