Amarillo-based BOC Bank recently announced that Shane Ferrell has been promoted to chief technology officer/senior vice president of strategy and innovation, and Steven Jay has joined the bank as chief operating officer. Ferrell and Jay both began their new roles in February. The bank’s current technology team is on the cusp of rolling out a new core banking system to streamline operations and introduce efficiencies. BOC Bank is expected to release the new software later this year.

“Shane and Steven are critical to our technology team as we roll out our new, easy-to-use banking system, which will allow fintech companies to have something customizable that meets their unique needs while increasing efficiency across the board,” says Alex O’Brien, president and CEO. “And it’s all going to be under one platform—something that’s not widely available right now.”

Both Ferrell and Jay bring a wealth of experience in technology, having spearheaded service innovations and leading projects for CSI, one of the largest banking software companies in the nation, for more than two decades. Both earned their bachelor’s degrees from West Texas A&M University.

The O’Brien family purchased Bank of Commerce in 2000 and programmed a new core operating system for the bank (renamed BOC Bank), leveraging technology to provide real-time transactional postings combined with its database management to create more transparency and efficiency. The software allowed customers to log in and see changes to their accounts in real-time, as opposed to a ledger balance.

Established in 2000, BOC Bank has Texas branches in Amarillo, McLean, Miami and Shamrock.