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TEXAS BANKING NEWS, PEOPLE AND IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

Texas Bankers

Cornerstone Capital Bank Appoints Woo Chief Financial Officer

October 4, 2024

Paul WooHouston-based Cornerstone Capital Bank has appointed Paul Woo chief financial officer. He has more than 30 years of experience in the financial services industry.

Woo previously served as senior vice president and director of capital planning and corporate development at Cadence Bank. Prior to Cadence Bank, he was a senior member of The Endicott Group, managing more than $500 million in private equity funds focused on commercial banks and thrifts. He also held key roles in investment banking, sell-side research and financial analytics at FBR Capital Markets, Howe Barnes Hoefer & Arnett and Morningstar. Woo earned a finance degree from the University of Illinois.

“After meeting the Cornerstone team, I was struck by everyone’s honesty, integrity and shared values,” Woo says. “Their mission and vision truly resonated with me as well. I believe most people aspire to work with colleagues they genuinely enjoy, and I am excited to do just that.”

In less than two years since merging with The Roscoe State Bank, Cornerstone Capital Bank has grown its total assets by more than 50 percent while maintaining strong asset quality and raised more than $1 billion in deposits.

“Paul’s impressively broad and deep background will be instrumental in helping us to realize our growth and performance goals,” says Scott Almy, president and CEO.

Established in 1988 as Cornerstone Home Lending, the name was changed to Cornerstone Capital Bank SSB in 2022 after the merger with The Roscoe State Bank. It operates three banking offices in Texas—Roscoe, Sweetwater and Bastrop—and two Washington locations in Maple Balley and Silverdale.

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Previous First United Bank Hires Ruthart for Commercial Lending in Amarillo Next Amegy Bank Taps Olson to Manage Mortgage Production in Dallas/Fort Worth Metroplex

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Jefferson Bank Welcomes Davis as Chief Human Resources Officer

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Dallas Capital Bank Names Dodd Director of Information Technology

Simons Joins Fidelity Bank of Texas as Chief Financial Officer

Commercial Bank of Texas Taps Thannisch to Head Wealth Management and Trust

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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Texas Bankers

Cornerstone Capital Bank Appoints Woo Chief Financial Officer

October 4, 2024

Paul WooHouston-based Cornerstone Capital Bank has appointed Paul Woo chief financial officer. He has more than 30 years of experience in the financial services industry.

Woo previously served as senior vice president and director of capital planning and corporate development at Cadence Bank. Prior to Cadence Bank, he was a senior member of The Endicott Group, managing more than $500 million in private equity funds focused on commercial banks and thrifts. He also held key roles in investment banking, sell-side research and financial analytics at FBR Capital Markets, Howe Barnes Hoefer & Arnett and Morningstar. Woo earned a finance degree from the University of Illinois.

“After meeting the Cornerstone team, I was struck by everyone’s honesty, integrity and shared values,” Woo says. “Their mission and vision truly resonated with me as well. I believe most people aspire to work with colleagues they genuinely enjoy, and I am excited to do just that.”

In less than two years since merging with The Roscoe State Bank, Cornerstone Capital Bank has grown its total assets by more than 50 percent while maintaining strong asset quality and raised more than $1 billion in deposits.

“Paul’s impressively broad and deep background will be instrumental in helping us to realize our growth and performance goals,” says Scott Almy, president and CEO.

Established in 1988 as Cornerstone Home Lending, the name was changed to Cornerstone Capital Bank SSB in 2022 after the merger with The Roscoe State Bank. It operates three banking offices in Texas—Roscoe, Sweetwater and Bastrop—and two Washington locations in Maple Balley and Silverdale.

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MORE BANKERS ON THE MOVE

American National Bank & Trust Appoints Elliot Vice President and Trust Administrator

Texas Bank and Trust Announces Promotions in East Texas and Dallas/Fort Worth Markets

SouthWest Bank Appoints Entrepreneur Navarrete to Board

Werberig Joins TexasBank as Tarrant County Retail Marketing Manager

American National Bank & Trust Appoints Crenshaw Mortgage Community Outreach Officer

Arkansas-based Bank OZK Hires Newton as Fund Finance Director in Houston

Gulf Capital Bank Taps Noorani to Lead New Small-Business Lending Group

Lufburrow Joins American Bank’s Houston Regional Board

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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Texas Bankers

Cornerstone Capital Bank Appoints Woo Chief Financial Officer

October 4, 2024

Paul WooHouston-based Cornerstone Capital Bank has appointed Paul Woo chief financial officer. He has more than 30 years of experience in the financial services industry.

Woo previously served as senior vice president and director of capital planning and corporate development at Cadence Bank. Prior to Cadence Bank, he was a senior member of The Endicott Group, managing more than $500 million in private equity funds focused on commercial banks and thrifts. He also held key roles in investment banking, sell-side research and financial analytics at FBR Capital Markets, Howe Barnes Hoefer & Arnett and Morningstar. Woo earned a finance degree from the University of Illinois.

“After meeting the Cornerstone team, I was struck by everyone’s honesty, integrity and shared values,” Woo says. “Their mission and vision truly resonated with me as well. I believe most people aspire to work with colleagues they genuinely enjoy, and I am excited to do just that.”

In less than two years since merging with The Roscoe State Bank, Cornerstone Capital Bank has grown its total assets by more than 50 percent while maintaining strong asset quality and raised more than $1 billion in deposits.

“Paul’s impressively broad and deep background will be instrumental in helping us to realize our growth and performance goals,” says Scott Almy, president and CEO.

Established in 1988 as Cornerstone Home Lending, the name was changed to Cornerstone Capital Bank SSB in 2022 after the merger with The Roscoe State Bank. It operates three banking offices in Texas—Roscoe, Sweetwater and Bastrop—and two Washington locations in Maple Balley and Silverdale.

SHARE THIS NEWS:

Previous First United Bank Hires Ruthart for Commercial Lending in Amarillo Next Amegy Bank Taps Olson to Manage Mortgage Production in Dallas/Fort Worth Metroplex

MORE BANKERS ON THE MOVE

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Jefferson Bank Welcomes Davis as Chief Human Resources Officer

Texas Partners Bank Promotes Graves to EVP and Chief Risk Officer

Dallas Capital Bank Names Dodd Director of Information Technology

Simons Joins Fidelity Bank of Texas as Chief Financial Officer

Commercial Bank of Texas Taps Thannisch to Head Wealth Management and Trust

American National Bank & Trust Appoints Elliot Vice President and Trust Administrator

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas