TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Following a national search, William T. Chittenden, Ph.D., has been selected president and CEO of the SW Graduate School of Banking (SWGSB) Foundation, headquartered at the Southern Methodist University Cox School of Business in Dallas. Chittenden, whose new role took effect earlier this month, most recently served as chief academic officer of SWGSB and associate … Read more
On November 20, Hilltop Holdings Inc. announced that Jerry Schaffner, president and CEO of Hilltop Holdings’ banking subsidiary, Dallas-based PlainsCapital Bank, is retiring on May 1, 2024. At that time, Jeremy B. Ford, Hilltop Holdings president and CEO, will become CEO of PlainsCapital Bank. In anticipation of the transition, PlainsCapital Bank’s COO Brian Heflin has … Read more
On August 2, the Federal Reserve Bank of Kansas City’s (Kansas City Fed) board of directors announced that Jeffrey R. Schmid, president and CEO of the SW Graduate School of Banking Foundation at Southern Methodist University’s Cox School of Business, has been appointed president and CEO of the Kansas City Fed, effective August 21. Schmid … Read more
On February 23, San Antonio-based Jefferson Bank announced the execution of a planned succession of its chairman and president roles. After 17 years, Steve Lewis has stepped down from his position as chairman of the board, but will continue as member of the board of directors. Paul McSween III, who has served as president for … Read more
After 48 years in the banking industry, William “Bill” Cowden, president and CEO of Fredericksburg-based Security State Bank & Trust, is retiring. He has served Security State Bank & Trust for the past 28 years and will remain on the bank’s board of directors and loan committee. A native of Kerrville, Cowden began his banking … Read more
Jeff Schmid has joined the Southwestern Graduate School of Banking (SWGSB) Foundation as president and CEO, effective September 1. The move comes as S. Scott MacDonald Ph.D. retires from the position after 24 years of service to the foundation, headquartered at the Cox School of Business on the campus of Southern Methodist University (SMU) in … Read more
Dalhart-based Dalhart Federal Savings & Loan Association SSB recently announced the retirement of two longtime bank executives and a new hire to lead the bank. Rodney White is retiring as president and chief executive officer on May 31. He will continue to serve on the bank’s board. White has been a part of Dalhart Federal Savings … Read more
S. Scott MacDonald, Ph.D., president and CEO of the Southwestern Graduate School of Banking (SWGSB) Foundation since 1997, recently announced that he will step down at the end of 2021. He will remain with the foundation through the transition to the next CEO. MacDonald, a nationally recognized authority on bank finance and economics, is the … Read more
Thomas Wesley Herbst, former president and CEO of First State Bank of Jasper, passed away on January 8. He was 87. After earning a degree in chemical engineering from the University of Texas in 1956, he worked for the Ethyl Corp. in Houston before returning to Jasper to work for the First State Bank in … Read more
This month, David Kelton Monk is celebrating 50 years in the Texas banking industry and he’s not done yet. He launched his banking career in September 1970 as a teller at Citizens State Bank in Malakoff. From 1972 to 1980, he served as vice president at First Savings & Loan in Athens. He then worked … Read more