Dallas Capital Bank recently announced the addition of Scott Powell as executive vice president/private banking. He will lead the private banking group in providing North Texas professionals, business owners, executives, affluent individuals and families with responsive, highly tailored banking services and solutions. Powell will report directly to Jason Matthews, chief banking officer.

Powell joins Dallas Capital Bank from Bank of Texas, where he most recently served as market executive/private wealth, responsible for building the private banking team in Collin County. Prior to joining Bank of Texas, he served in various senior roles at Northern Trust and BBVA Compass in the Dallas market.

Powell holds a BS degree in organizational management from John Brown University and an MBA degree in finance from the University of Arkansas. He also attended the ABA Stonier Graduate School of Banking. He is a certified estate and trust planning consultant and accredited asset management specialist. He is also a licensed private aircraft pilot.

“Dallas Capital Bank is a client-first organization with impressive growth over the past several years,” Powell says. “I look forward to working alongside leadership as we continue to set the standard for a best-in-class Dallas-focused bank, delivering exceptional value and service to our clients.”

“Scott is a natural fit to lead our strong team of experienced, Dallas-focused private bankers,” Matthews says. “He has a proven track record of managing and building high-performing teams that put the needs of their clients first.”

Established in 1972, Dallas Capital Bank has assets of more than $1 billion.