Terry Richter has been named chief executive officer of Cameron-based Classic Bank. He has been serving as interim CEO since December 2023.

Richter retired from the Office of the Comptroller of the Currency (OCC) in 2021 with more than 35 years of experience. He served in a wide variety of roles at the OCC, including a training instructor, technical expert and an assistant deputy comptroller. After his tenure at the OCC, Richter worked at TIB NA as a loan review specialist. He earned a BBA degree in finance from Texas State University and holds a Texas real estate license.

“I am excited for this opportunity to continue to lead Classic Bank,” Richter says. “I am thankful for the support of the board members and staff during my interim period. The history of Classic Bank spans 135 years of serving customers through good and bad economic times. I plan to continue Classic Bank on its path to building relationships and supporting the communities it serves.”

Established in 1889, Classic Bank is a designated minority depository institution by the U.S. Treasury and a family-owned community bank that serves Bastrop, Cameron, Giddings, Liberty Hill, Rockdale, Rosebud and Thorndale.