MacDonald to Step Down as Southwestern Graduate School of Banking President and CEO

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, Passes Away

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

Monk Celebrates 50 Years in Texas Banking

David Monk

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

Williams Named President and Director at Brady National Bank

Reed Williams

Brady-based Texas Country Bancshares Chairman and CEO Joe Kim King recently announced that the Brady National Bank board of directors has elected Reed Williams president and CEO of Brady National Bank. Williams will also serve on the board of directors. He succeeds Terry Keltz who has served as president and CEO since 2004. Keltz has … Read more