El Paso-based WestStar Bank announced that its president and CEO, David W. Osborn, has been appointed by Texas Governor Greg Abbott to the Finance Commission of Texas. The commission is the governing body of the state’s banking, savings and loan, and consumer credit agencies, playing a vital role in maintaining the financial health and stability of Texas. Osborn’s term will run until February 1, 2030.
Osborn earned a BBA degree from McMurry University and is an alumnus of the SW Graduate School of Banking at Southern Methodist University. He holds prominent positions in several organizations. Osborn is the chairman of the Las Palmas Del Sol Healthcare board of directors, first vice chairman of the Borderplex Alliance and past chairman of the Texas Bankers Association. His dedication extends to educational and health institutions as a member of the McMurry University board of trustees and the Texas Tech University banking program advisory council. He has also served as chairman of the El Paso Chamber of Commerce and the Paso Del Norte Health Foundation.
Established in 1990, WestStar Bank is a locally owned community bank with assets of more than $3 billion. It serves the El Paso, Las Cruces and Northern Mexico region known as the Borderplex.