Wellington-based Wellington State Bank announced that Joe B. Thompson has been named senior vice president and branch president of the bank’s Stephenville location.
Thompson has more than 30 years of banking experience in Erath County and 20 years in the Stephenville market. He most recently served as vice president at Spirit of Texas Bank in Comanche County.
“Stephenville has always been home to me,” Thompson says. “It will be nice to get back to business in the town that has given me so much success in my banking career. Among our staff, we have seven Tarleton State University graduates who have since come back to plant roots to serve this great community and call Stephenville home. I’m proud to be a part of that.”
Thompson received his BS degree in economics from Texas A&M University and graduated with distinction from the Southwestern Graduate School of Banking at Southern Methodist University. He has previously been involved in the Optimist Club, served as a Texan Club board member and received the “All-Purple Award” from Tarleton State University in 2009.
“Joe Thompson is a key member of Wellington State Bank,” says Richard Sims, CEO and president. “His banking experience and ties to our local Stephenville community will be a wonderful addition to the team, and we are pleased to welcome Joe home.”
Established in 1906, Wellington State Bank operates 14 branches across Texas and has more than $570 million in total assets.