Texas Finance Commission chair- man John Snider has announced the selection of Charles G. Cooper as Texas Banking Commissioner. Cooper begins his appointment effective De- cember 1. Cooper, a native Texan, has served in both the public and private sectors of the banking industry for over 35 years. After graduating from Baylor Univer- sity, he served as a bank examiner with the FDIC for 12 years with his last posi- tion being field office supervisor of the Houston, TX, northeast field office. His banking experience includes ex- ecutive level positions associated with lending, credit adminstration, general management, as well as serving as a director of several banks. The Texas Department of Banking reg- ulates and supervises 329 state-char- tered banks ($153 billion in assets) Q Bank of Albuquerque, N.A., NM, has announced the appointment of Ed- ward Larrañaga as market execu- tive for The Pri- vate Bank in the NM market. His appointment was announced by Jen- nifer S. Thomas, president of Bank of Albquerque. Larrañaga joined Bank of Albuquer- que in 1992 as an in-store branch manager and eventu- ally transferred to The Private Bank. He also served as the private banking manager in Albuquerque until he left the bank in 2007 to pursue employ- Volume 133, No. 21 November 24, 2008 In This Issue... Financial Crisis Response Plan Feature.............................................3 ABA Convention News...............6 Charter Activity .............................8 Classified........................................9 Please route this issue: www.bankersdigest.com Larrañaga Is Market Executive for The Private Bank, Bank of Albuquerque, New Mexico Alger Joins Delta Trust Investments as President Jennings Joins Central Bank in Houston as SVP Central Bank, Houston, TX, estab- lished in 1956 and one of the oldest community banks in Houston, plans to open a new lo- cation at 4605 Post Oak Place and has named two execu- tives to lead the new office which will serve the River Oaks, Galleria, and Tanglewood areas. Sara Jennings recently joined Central Bank as senior vice president. With over 39 years experience in bank- ing, Jennings will concentrate on busi- ness development and relationship management at the Post Oak Place office. Amy Dossat also joined the Post Oak Place team as vice president and branch manager. The 25-year banker will manage the daily operations of the new location which is expected to open in late 2008. Central Bank operates five offices from its central location at 11201 Clay Rd. at Beltway 8 and reported total as- sets of $265 million as of June 30, 2008 Q Jennings ment outside of banking with the Lu- jan Agencies in Albuquerque. He will be responsible for managing the delivery of private banking, per- sonal trust, investment management, and brokerage services to high net worth clients in NM. He serves at the bank’s main office at 201 3rd St. NW. Larrañaga holds a BBA degree in marketing from New Mexico State University. Active in the community, he is the president of the Golden Apple Foun- dation of New Mexico and the Crim- son Central Chapter of the NMSU Alumni Association. Bank of Albuquerque is a member of the BOK Financial Corporation, Tul- sa, OK Q Larrañaga Delta Trust, Little Rock, AR, has an- nounced the addition of James Alger as president of Delta Trust Invest- ments Inc., Delta Trust’s full-service investment bro- kerage subsidiary. J. French Hill, CEO of Delta Trust, made the an- nouncement. Alger has over 20 years of experience in the financial ser- vices industry. The AR native has an ex- tensive background in comprehensive financial planning. He received a BA degree in business administration from the University of AR at Little Rock. Delta Trust Investments serves cli- ents in over 40 states and has client assets in excess of $500 million Q Alger Cooper Named Texas Banking Commissioner
Transcript
Texas Finance Commission chair-man John Snider has announced the selection of Charles G. Cooper as Texas Banking Commissioner. Cooper begins his appointment effective De-cember 1. Cooper, a native Texan, has served in both the public and private sectors of the banking industry for over 35 years. After graduating from Baylor Univer-sity, he served as a bank examiner with the FDIC for 12 years with his last posi-tion being field office supervisor of the Houston, TX, northeast field office. His banking experience includes ex-ecutive level positions associated with lending, credit adminstration, general management, as well as serving as a director of several banks. The Texas Department of Banking reg-ulates and supervises 329 state-char-tered banks ($153 billion in assets) Q
Bank of Albuquerque, N.A., NM, has announced the appointment of Ed-ward Larrañaga as market execu-tive for The Pri-vate Bank in the NM market. His appointment was announced by Jen-nifer S. Thomas, president of Bank of Albquerque. Larrañaga joined Bank of Albuquer-que in 1992 as an in-store branch manager and eventu-ally transferred to The Private Bank. He also served as the private banking manager in Albuquerque until he left the bank in 2007 to pursue employ-
Volume 133, No. 21November 24, 2008
In This Issue...Financial Crisis Response Plan Feature.............................................3
Larrañaga Is Market Executive for The Private Bank, Bank of Albuquerque, New Mexico
Alger Joins Delta Trust Investments as President
Jennings Joins Central Bank in Houston as SVPCentral Bank, Houston, TX, estab-lished in 1956 and one of the oldest community banks in Houston, plans to open a new lo-cation at 4605 Post Oak Place and has named two execu-tives to lead the new office which will serve the River Oaks, Galleria, and Tanglewood areas. Sara Jennings recently joined Central Bank as senior vice president. With over 39 years experience in bank-ing, Jennings will concentrate on busi-ness development and relationship management at the Post Oak Place office. Amy Dossat also joined the Post Oak Place team as vice president and branch manager. The 25-year banker will manage the daily operations of the new location which is expected to open in late 2008. Central Bank operates five offices from its central location at 11201 Clay Rd. at Beltway 8 and reported total as-sets of $265 million as of June 30, 2008 Q
Jennings
ment outside of banking with the Lu-jan Agencies in Albuquerque. He will be responsible for managing the delivery of private banking, per-sonal trust, investment management, and brokerage services to high net worth clients in NM. He serves at the bank’s main office at 201 3rd St. NW. Larrañaga holds a BBA degree in marketing from New Mexico State University. Active in the community, he is the president of the Golden Apple Foun-dation of New Mexico and the Crim-son Central Chapter of the NMSU Alumni Association. Bank of Albuquerque is a member of the BOK Financial Corporation, Tul-sa, OK Q
Larrañaga
Delta Trust, Little Rock, AR, has an-nounced the addition of James Alger as president of Delta Trust Invest-ments Inc., Delta Trust’s full-service investment bro-kerage subsidiary. J. French Hill, CEO of Delta Trust, made the an-nouncement. Alger has over 20 years of experience in the financial ser-vices industry. The AR native has an ex-tensive background in comprehensive financial planning. He received a BA degree in business administration from the University of AR at Little Rock. Delta Trust Investments serves cli-ents in over 40 states and has client assets in excess of $500 million Q
Alger
Cooper Named Texas Banking Commissioner
Page 2 BANKERS DIGEST November 24, 2008
Bankers Digest®
Established 1942A Weekly Bank News Magazine
(USPS 041180)Published every Monday at Dallas, Texas
Tradition Bank, Bellaire, Welcomes Taylor as VP/HR
Pena Is Branch Pres, Rodriguez SVP, Corpus
Dallas Fed Elects Bexley & Fisk to Board of DirectorsThe Federal Reserve Bank of Dallas has announced the election of James B. Bexley of Huntsville and George A. Fisk of Plano to its board of directors. Both will serve three year terms begin-ning January 1, 2009. Bexley is a professor of finance at Sam Houston State University and chair of the Smith-Hutson Endowed Chair of Banking. Previously, he served as a banking executive in TX and PA. He has written four books on bank-ing and is the author of more than 100 articles about finance, banking, service quality, and corporate governance. He currently is editor of the Journal of Com-mercial Banking and Finance. Fisk is president/CEO of LegacyTex-as Group Inc., a bank holding company which owns LegacyTexas Bank, and in-surance and title company subsidiaries, based in Plano and operating primarily in the D/FW area. He has more than 35 years of professional experience with financial institutions, serving as a CPA and audit partner for McGladrey & Pul-len, LLP, and its predecessor firms. Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public, and three are appointed by the Board of Gover-nors in Washington, D.C. Q
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Prosperity Bank, El Campo, has an-nounced that Rene Pena Sr. has been named president at the 4102 S. Staples St. branch in Corpus Christi. He has 32 years of experience in finance. Alma Rodriguez has been promoted to senior vice president and lobby man-ager area coordinator, South Texas, at the 500 N. Water St. branch. She began her banking career in 1972 with Texas Commerce Bank in Houston Q
Jacob Sanchez has been promoted to assistant vice president/assistant re-lationship manager. He joined Eisen-hower Bank, the military division of Broadway Bank, as a part-time teller in 1998 and full-time in 2000. He trans-ferred from Eisenhower to Broadway in 2004. Later in 2004, he moved to the credit department as credit ana-lyst. In August 2007 he was promoted to banking officer. He holds a BBA de-gree in finance from The University of Texas at San Antonio Q
Retired Republic Dallas VP Smith Dies at Age 77Retired Dallas banker Jerry M. Smith died October 10. He was born in Dal-las on July 2, 1931, and graduated from North Texas State College in Denton. He joined Republic National Bank of Dal-las, where he rose to vice president in the industrial services division/regional corporate banking department Q
Tradition Bank welcomes Barbara Kennedy Taylor as vice president of human resources at the bank’s home office at 5501 Bissonnet in Houston. Craig Wooten, CFO and president of Tradition’s Bellaire location, made the announcement. Following graduation from the Uni-versity of Southwestern Louisiana, Tay-lor started her banking career at Texas Commerce Bank. Now, with more than 20 years experience in banking, she will manage the daily operations of the human resource department. Taylor is an active member of the Society for Human Resource Manage-ment. Tradition Bank, locally owned and operated since 1963, operates seven, full-service banking centers Q
November 24, 2008 BANKERS DIGEST Page 3
F e A T U R e
ByKaren M. Neeley
Cox Smith Matthews Inc.Austin, Texas
www.coxsmith.com
(continued on Page 8)
COMMUNICATIONSFinancial Crisis Response Plan
With catch phrases like “toxic assets,” “ m o r t g a g e mel tdown, ” and “banking crisis” lead-
ing today’s headlines, even long-time banking customers are questioning the condition of their financial in-stitutions and looking for answers about their accounts. No institution, no matter how well beloved in their community, is immune from customer anxiety. Thus, it is critical to develop a rational, effective response plan for your bank. This plan should be ap-proved and understood by the board of directors and communicated to of-ficers as well as rank and file employ-ees. Let’s look at the key elements.• Economic Condition. A good place to start is with a thorough under-standing of the local economy. Cer-tain pockets of the United States have significantly higher mortgage loan de-fault rates and more foreclosures than others, often due to higher unemploy-ment. Your management team clearly needs a good handle on the economic drivers for your trade territory. There are a number of readily avail-able resources for this data includ-ing the Federal Reserve Banks, state agency sites, and various university sources, such as the TAMU Real Es-tate Center. While national indicators are fairly gloomy, the Southwest and its major metro centers have more positive trends for now. Make sure that your understanding of the local economy is realistic and that you fac-tor in the impact of national patterns.• Bank Product Response. Next, use your special understanding of your community to make smart underwriting and loan monitoring decisions. Con-tinued sound lending is a key to pull-ing out of a recessionary spiral. This is not the time to slam on the brakes with
regard to local commercial and resi-dential mortgage loans. On the other hand, unrealistic assumptions will lead to more loans on the watch list! With changes proposed for FDIC premium assessments, banks must carefully evaluate their liquidity needs. The current plan for restora-tion of the deposit insurance fund im-poses an additional risk assessment for brokered deposits, FHLB advanc-es, and repos (among other secured borrowings) in certain scenarios. The comment period expires December 17
on this, but it is quite likely that there will be some adverse impact on criti-cal liquidity tools. So, most banks will either have increased costs in using spread CD programs, other innovative deposit gathering products and FHLB advances, or they will decrease their usage thus decreasing their lending capacity. With more entities getting approved to be banks (e.g., Goldman Sachs, Morgan Stanley, and American Express), there will be more competi-tion for deposits. Be pepared with a
B D
FEATURE
Page 4 BANKERS DIGEST November 24, 2008
p e o p l e TeXAS
The Texas Business Hall of Fame Honors Evans, Myers, and Roney with InductionThree of the four businessmen inducted into The Texas Business Hall of Fame this year are bankers. On November 6, the organization inducted Dick Evans, chairman and CEO of Cullen/Frost Bankers Inc.; Mike A. Myers, chairman and president of Myers Financial Corp., and Glen E. Roney, founder of Texas Regional Bancshares. Evans has been at the helm of Cul-len/Frost Bankers Inc., San Antonio, for more than 10 years. In 1985, he was elected president of Frost Bank, and in 1993, he was elected chairman
of the board of Frost Bank and chief banking offi-cer of Cullen/Frost. Two years later, he was named chair-man of the board and COO of Cul-len/Frost. Then in 1997, he was named CEO.
Myers started Myers Financial Corp., a Dallas company, in 1970. In 1973 the Olney native chartered his first bank at the age of 36. Later that year, he purchased majority ownership in First National Bank of Bridgeport. Two years
later, he purchased Continental State Bank. He is credited with being one of
the first in TX to form a one-bank holding company. Myers is chair-man of the board and CEO of Myers Bancshares Inc., which owns Wood-haven Bank in Tar-rant County with
seven branches. Roney moved
to McAllen in 1961 and joined McAl-len State Bank. In 1981 he estab-lished Texas State Bank as an affiliate of McAllen State Bank. It grew to 73 locations and $7.5 billion in as-
sets by 2006. when it was sold to Banco Bilbao Vizcaya Argentaria (BBVA) of Madrid, Spain. In August, all Texas State Bank loca-tions were rebranded BBVA Compass. Roney serves as a member of the BBVA Compass board of directors Q
Evans Roney
Myers
November 24, 2008 BANKERS DIGEST Page �
p e o p l e TeXAS
American Bank in Ardmore Reports New Officer/Changes
Bara Is SVP/Rel Mgr, Texas Citizens Bank
Jesse Cross, president/CEO of Ameri-can National Bank of Ardmore, has an-nounced that Jason Casey has joined the bank as vice president and loan officer. He graduated from Westmin-ster College in Fulton, MO, and has 10 years in banking experience. Stephanie Lee was promoted to vice president in operations. She has over 11 years of banking experience. Janice Anderson, vice president, has been named branch manager of the soon to open ANB South Com-merce Branch in Ardmore. She has over 25 years of banking experience. Robin Terwilliger, assistant vice president, has been named corporate training officer. She has over 20 years of banking experience and joined ANB in 2000. Jesica Bray has been named branch manager of the ANB Homeland Branch (205 N. Commerce) in Ardmore. She joined ANB in 2004.
Kimberly Stephens has joined La-fayette-based MidSouth Bank as vice president and commercial loan officer at its Jefferson Highway location in Baton Rouge. She will serve as a re-lationship manager and develop new business throughout the bank’s Baton Rouge market. An Alexandria native, Stephens has 23 years of banking experience, most recently serving with First Bank and Trust in New Orleans. She also previ-ously was employed by Wells Fargo Bank in both Houston, TX, and Las Vegas, NV. Stephens earned a bachelors de-gree in business administration from LSU Q
oKlAHoMA loUISIANAStephens Is Vice Pres/CLO, MidSouth in Baton Rouge
Texas Citizens Bank, N.A., Pasadena, has elected Barry W. Bara senior vice president and rela-tionship manager. The veteran banker graduated in 1970 with a BBA degee from Lamar Univer-sity in Beaumont. He served with the FDIC from 1970 to 1979, then as a commercial lender with First City Bank of Clear Lake and Bank of Almeda from 1979 to 1991, and as a financial institution consultant from 1991 to 1994. He joined Omnibank, N.A., Houston, as a commercial lender, serving four years until 1998, when he joined First Community Bank, N.A., Pearland. He most recently served as a senior relationship manager with First Community’s successor Wells Fargo Bank for three years Q
Bara
Cathy Alexander, assistant cashier, has been named main bank customer services coordinator. She is a graduate of Murray State College and has over 22 years in banking Q
Page � BANKERS DIGEST November 24, 2008
N e W S W A T C H CoNVeNTIoN NeWS
Bankers from across the nation, about 1,700 strong, gathered at the American Bankers Association (ABA) convention in San Francisco, CA, November 9-12 to celebrate the first year of the “new ABA” and to better understand the re-cent financial crisis and what it means to the banking industry and their own institutions. ABA 2007-08 chairman Bradley E. Rock, a commercial banker from Smithtown, NY, opened his chairman’s address at the first general session with remarks about the merger of the former America’s Community Bankers and with the ABA in early 2008 to form the “new ABA.” “It was the right thing at the right time,” he said. Talking about the financial crisis, Rock stated, “Most of our nation’s fi-nancial problems were created by people and activities outside the banking system that are either un-regulated or very lightly regulated:mortgage brokers, investment banks, hedge funds, derivative contracts,
credit default swaps, and other fancy financial activities by some insurance companies. These are the people and activities that need to be the principal subject of regulatory focus in the com-ing months.” He said lawmakers need to recognize the essential differences between these activities and the bank-ing industry, and not regulate banks more, but “bring the level of regula-tion of those activities up to the level of bank regulation.” Rock believes that the financial cri-sis presents opportunities for making accounting and regulatory improve-ments in the areas of “mark-to-market” accounting and purchase accounting for bank acquisitions. He said bank-ers must closely examine these rules, their underlying assumptions, and the results they produce. He said the current rules do not work well, and they need to be changed in a way that will result in more accurate financial reporting, one that will serve our na-tion’s economic base better.”
ABA president/CEO Edward L. Yin-gling told the audience, “We are feel-ing a little burned out; we are frankly somewhat angry, but that we are also proud.” He mentioned his annoyance with the Treasury’s announcement of guaranteeing market mutual funds without even talking to bank regula-tors, the birth/rebirth of the Emer-gency Stabilization Act, and his Con-gressional testimony which included remarks about “good institutions hav-ing been hurt by unscruplous players and regulatory failures.” When Con-gress passed a massive rescue pack-age, Yingling said, “it was a solution that these banks did not seek, for a problem they did not cause, and yet it is often labeled the bank bailout.” He said there is a “silver lining to this mess - good old traditional bank-ing is back in fashion. Going forward, the highly leveraged and fast-buck crowd will be heavily regulated by government and more highly scruti-nized by the markets. Integrity, good judgment, and capital - banker traits - will be prized.” Arthur R. Connelly, 2008-09 ABA chairman and chairman/CEO, South Shore Bancorp MHC, Weymouth, MA, offered his two goals for the year ahead: 1) build on the effectiveness of the ABA BankPac and the state as-sociations’ PACs to help support can-didates who understand how banks serve their constituents and help their communities grow, and to increase participation in the ABA Direct Con-tact Bankers program, and 2) “work with our regulators to help them un-derstand the cumulative impact of their rules on our banks.” He said the banking industry needs “smart regu-lation,” regulation written to help us serve our customers and communities and help us grow the economy.” Other new ABA officers include: chairman-elect, Arthur Johnson, chair-man/CEO, United Bank of Michigan, Grand Rapids; vice chairman, Rick Willetts, chairman and president/CEO, Cooperative Bank, Wilmington, NC; and treasurer, Warren K.K. Luke, chairman and president/CEO, Hawaii National Bank, Honolulu. Joining the ABA board from the Bankers Digest coverage area is Michael Nolan, chairman/president/CEO, Fifth District Savings Bank, New Orleans, LA Q
American Bankers Association Speakers Inform and Energize Bankers at 2008 Convention
November 24, 2008 BANKERS DIGEST Page �
TIB 4 color YOU HAvE
N e W S W A T C HoKlAHoMA SoUTHWeST MARKeT
The expansion of Tulsa-based Summit Bank into Oklahoma City has been an-nounced according to Charlie Crouse, president of Summit Bank, Oklahoma City. Summit began operations as an LPO at 6440 N. Avondale in the Nich-ols Hills Plaza in May, and deposit pro-duction operations began in October. “We’ve successfully completed a sec-ondary stock offering from local busi-ness leaders, are forming an advisory board from these new shareholders, and are now searching for a perma-nent, full service location,” Crouse stated. “We hope to have our full ser-vice facility open in mid 2009, with the target location somewhere in north-west Oklahoma City.” Jeb Cook, senior vice president, has joined the bank as a commercial lend-er with strong expertise in medical re-lated business, Crouse stated. In addition, Summit operates a resi-dential real estate mortgage loan op-
Summit Bank, Tulsa, Plans Oklahoma City Expansion
IronStone Bank’s Parent, First Citizens BancShares, Seeks Merger Between Two Banking SubsidiariesIronStone Bank, Fort Myers, FL, which began in 1997 as Atlantic States Bank, fsb, will change its name as it is merged by its parent company into a larger re-gional affiliate bank First Citizens Bank & Trust Co., Raleigh, which operates under a NC commercial bank charter. First Citizens BancShares Inc., a publicly traded Raleigh, NC-based bank holding company, operates IronStone Bank and First Citizens Bank & Trust Co. offices across 17 states. Ironstone Bank has 58 offices in AZ, CA, CO, FL, GA, KS, MO, NM, OK, OR, TX, and WA. In 2002, when the former Atlantic States Bank moved into Aus-
tin, TX, market, it changed its name to IronStone Bank in the western U.S. In 2004 the bank adopted the IronStone name in all its markets. Subject to regulatory approval, Iron-Stone, which is a federal thrift institu-tion, will become part of First Citizens Bank, which dates its roots back 110 years. The merger, approved by the First Citizens board of directors on October 27, is expected to close in the first quarter of 2009. First Citizens BancShares has $16.7 billion in assets and 401 offices. Iron-Stone Bank reports about $2.6 billion in assets Q
eration in Oklahoma City under the name SMC Mortgage. Summit developed, over the past seven years, a business model of op-erating from one location in Tulsa. CEO Wade Edmundson told The Jour-nal Record, “the Oklahoma City opera-
tion will work as a separate bank, not a branch.” As of September 30, 2008, Summit Bank reported $264.57 million in as-sets, loans/leases of $177.5 million, and deposits of $217.3 million. The bank was established in 2002 Q
Page 8 BANKERS DIGEST November 24, 2008
C h a r t e r
a c t i v i t y
R e g U l A T o R S
TexasCHARTERS The TEXAS DEPARTMENT OF BANKING has received an applica-tion by organizers for First State Bank, 2813 E. Griffin Pkwy, Mission. Con-tact person is Stephanie Kalahurka, 512/542-5003.BRANCHES The OFFICE OF THE COMPTROL-LER OF THE CURRENCY has received applications by San Antonio National Bank, Refugio, for branches: 6700 S. Flores St., San Antonio, and 220 W. Village Blvd,. Laredo. It has received an application by Her-itage Bank, N.A., Detroit, for a branch at 3322 E. Walnut, Ste. 109, Pearland. It has received applications by Broadway National Bank, San Anto-nio, for branches: 320 East Hwy. 290, Dripping Springs, and 1205 Bee Cave
Rd., Bee Cave. It has approved an application by Century Bank, N.A., Texarkana, for a branch at 1704 Greenville Ave., Dallas. It has approved an application by Community National Bank, Bellaire, for a branch at 9601 Broadway, Pearland. The TXDB has approved applica-tions by Comerica Bank, Dallas, for branches: 8422 Dallas Pkwy., Frisco; 421 W. 3rd St., 5925 Overton Ridge Blvd., and 4351 Western Center Blvd., Fort Worth; and 13200 N. I-35, Austin. It has received an application by Guaranty Bond Bank, Mount Pleasant, for a branch at 800 James Bowie Dr., New Boston.MERGERS AND ACQUISITIONS The OCC has approved an application for the affiliate merger of First Commu-nity Bank East Texas, N.A., Crockett, with and into First Community Bank, N.A., Sugar Land. The TXDB has received an applica-tion by Citizens State Bank, Buffalo, to acquire the branch of Independent Bank,Waco, at 107 NE 3rd St., Hub-bard Q (continued on Page 12)
Feature (continued from Page 3)
deposit gathering program that is ap-pealing to your market.• CPP and TLGP. Whether or not your bank participates in the Capital Purchase Program (CPP), the general public believes that there is a gigantic “bailout of banks.” Some large region-al banks have preempted this issue by issuing a press release stating that they were not participating in the CPP and didn’t need to! Assuming that Treasury develops a program for com-munity banks, your board needs to determine whether it wishes to apply for this additional source of capital. If it elects not to, you might consider making a public statement about your choice. If you do elect to participate, be prepared to explain how this infu-sion of capital into your healthy insti-tution will allow it to enhance its lend-ing activities. Meanwhile, Congress has tempo-rarily increased deposit insurance to $250,000, and the FDIC has clarified how this works with POD and joint accounts. Be sure that your new ac-
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WEST TEXAS SENIOR LENDER. Good credit skills required. Willing to relocate. Will inherit portfolio for right person. Sharon Emiliano, Babi-ch & Associates, [email protected], 214/823-9999, #306, www.babich.com. (see banking).
CASHIER/CONTROLLER for small community bank. Willing to relocate to small town away from the “rat race.” Should have current control-ler experience. Sharon Emiliano, Babich & Associates, [email protected], 214/823-9999, #306, www.babich.com (see banking).
NEW MEXICO SENIOR COMMER-CIAL LENDER. Great opportunity in beautiful area! Must have 5+ years lending experience plus strong busi-ness development and credit skills. Harvey Urban, Babich & Associates, [email protected] 214-823-9999 #304.
SENIOR LENDER for growing WEST TEXAS BANKING GROUP. Excellent
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Fax to 214/221-4546. Mail responses to Box Number c/o Bankers Digest, 9550 Forest Lane, Suite 125, Dallas, TX 75243-5928. Phone: 214/221-4544. email: bankersdigest@bankersdigest.
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Advertising rates are $35.00 for the first 25 words; $10.00 for each additional 10 words per insertion. Ads which use a Bankers Digest box number for forwarding responses will be charged $5.00 additional per insertion for postage and handling. Ads run on Bankers Digest website for the duration of the advertis-ing agreement at no additional charge. Only Principals will be assigned box num-bers. Responses to Bankers Digest boxes are forwarded twice weekly. Advertising deadline is Monday noon for following Monday’s publication.
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Page 10 BANKERS DIGEST November 24, 2008
growth opportunity with outstanding salary and bonus program. Harvey Urban, Babich & Associates, [email protected] 214-823-9999, #304.
COLORADO SPRINGS AREA COM-MERCIAL LENDER! Need solid experience including ag. Resume to Jon Davis, Babich & Associates, 214/823-9999, [email protected], www.babich.com (Banking).
CENTRAL OKLAHOMA LENDERS. I can help you find a better situation. Resume to Jon Davis, Babich & Asso-ciates, 214/823-9999, [email protected], www.babich.com (Banking).
COMMUNITY BANKER, TEXAS: Great small-town atmosphere, good schools, solid team needs light-com-mercial, consumer, real estate lend-er. Mark Mitchell, Lone Star Search, 972-335-9009, www.lonestarsearch.net.
CASHIER, TEXAS: Community bank needs reliable, experienced bank CON-TROLLER or CASHIER. Manage call report, back office accounting. Mark Mitchell, Lone Star Search, 972-335-9009, www.lonestarsearch.net.
Houston, TX, bank is seeking an EXPERIENCED COMMERCIAL LENDER for the Greater Houston Area. Great opportunity to join this
well capitalized growing commu-nity bank. Fax resume to (713) 548-8707 or email to [email protected], subject line Box Y-3.
CENTRAL TEXAS COMMUNITY BANK SEEKS A LENDER with at least 5 years experience in com-mercial and commercial real estate loans to serve as #2 branch lender in a growing market. Some Ag expe-rience a plus and Spanish speaking desirable but not required. Strong lending support provided. Applicant needs ability to self start and devel-op new business relationships. Sala-ry based on experience with benefits package. Respond to Attn: Box S-2, [email protected].
Seeking EXPERIENCED TRUST OFFICER for Community Bank Trust Dept in North Central Texas. Looking for candidate with broad-based experience in trust admin-istration and investments; Oil and gas or real estate experience is a plus. This could be a No. 1 or No. 2 position in dept. Email resume to BOX O-2, [email protected].
Community Bank in Fort Worth area seeks an EXPERIENCED LENDER with at least 5 years lending ex-perience in strong real estate and
light commercial lending. Required to be actively involved in local com-munity activities and have the abil-ity to develop business. Required experience and knowledge of regulatory banking laws. An Equal Opportunity Employer. Please send resume and salary requirements to [email protected].
NORTHWEST LOUISIANA COMMU-NITY BANK seeks INFORMATION TECHNOLOGY OFFICER. Competi-tive salary, 401(k), ESOP, health in-surance. Submit resume to Box N-1, [email protected].
Wellington State Bank is seeking an EXPERIENCED LENDER for its Ca-nadian market area. Cattle lending background a plus. Excellent op-portunity for the right individual. We offer a competitive salary & great benefits. Please send resume to: Wellington State Bank Att: Pres. P.O. Box 1032, Wellington, TX 79095.
CHIEF LENDING OFFICER: Austin-based community bank (in organi-zation) seeks CLO with strong cred-it, management and bus dev talents. Position requires degree and 10+ years. Regulatory and CRE experi-ence a plus. Competitive compen-sation package includes equity participation and full benefits. Fax resume to 512/707-1185.
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November 24, 2008 BANKERS DIGEST Page 11
PRESIDENT, GREATER EAST END MANAGEMENT DISTRICT. Ful-fill board policies and directives on behalf of commercial property owners, build partnerships, pro-vide leadership, oversee economic development, branding and pro-motion initiatives. Work in political environment, diverse urban commu-nity. Writing, public speaking skills. Email resume: [email protected].
Southeast Houston community bank seeking COMPLIANCE ASSISTANT. Great opportunity for highly mo-tivated professional with 3+years banking experience, recent compli-ance training, and familiarity with all aspects of compliance and BSA. Send resume in confidence to P. O. Box 7350, Pasadena TX 77508, Attn: Human Resources.
MARKET PRESIDENT: American Na-tional Bank is looking for an expe-rienced individual to manage a de novo branch in the New Braunfels, Texas area. Applicant must have a
broad base of banking experience with excellent communication and business development skills. Send resume and salary requirements to American National Bank, P.O. Box 1940, Gonzales, TX 78629. Contact Tray Rankin at 830-672-8585 or email to [email protected].
equiPment
FOR SALE: Used safe deposit boxes, lockers, safes, night depositories, un-dercounter units, fireproof note and legal files, drive-up windows. Over 340 types SD Locks available. Custom made & large size gun safes in stock. OK license #1055. 580/584-7766 or 800/642-8763, or FAX: 580/584-7720, or email: [email protected] or www.underwoodsafe.net.
CROSSLIN CO. BANK EQUIPMENT provides sales, service, and installa-tion of new and used equipment, in-cluding: modular vaults, vault doors, ATMs, safe deposit boxes, safes, undercounter steel, depositories,
drive-in systems, bullet resistant windows, and file cabinets includ-ing: fireproof note, check, 4-drawer, legal or letter. Call 1-800-452-9058.
BANKING EQUIPMENT NEW AND USED: Buy, sell or trade. Service & installation. Power files, x2 units, shelving, Mobile shelving, fireproof files-note, legal and letter, under-counter. Money safes, safety depos-it boxes. FLAIR SYSTEMS, 800/468-1246, 214/340-3580.
MODULAR BANK BUILDING: 14x60. Two offices, lobby, drive-in, two I/S tellers, night depository. $26,900. Email inquiries to [email protected].
MODULAR BANK BUILDINGS: Looking to Branch? Opening a New Charter? Disaster Planning? Need a Temporary while Remodeling? Tem-porary/Permanent Modular Bank Buildings new and used. North American Buildings, 888-800-8866, www.NorthAmericanBuildings.com.
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Page 12 BANKERS DIGEST November 24, 2008
counts staff and tellers clearly under-stand the cap is five beneficiaries but that the qualification limits are re-moved. Also, the Temporary Liquidity Guarantee Program (TLGP) provides for full insurance for all non-interest bearing accounts after subtracting the $250,000 insurance level (applying it first to inter-est bearing accounts) unless your bank opts out (December 5th deadline). If you do opt out, then be sure to disclose that fact. Be sure that your signage and marketing material comply with the rules and reflect the temporary nature of this additional coverage.• Implementation of Plan. Your board has done its homework and de-cided on its course of action. You have identified changes in your deposit and loan products. Now it is vital that you educate your officers and all employ-ees about your response program. Be sure every employee understands the temporary expansion of FDIC insur-ance. Review your annual report and make sure that it includes not only the required elements but also puts your best foot forward. Have copies available for customers and the gen-eral public. Make sure that your bank lobbies are welcoming and reflect a positive attitude with adequate mate-rial about bank products and services. Finally, keep alert for future changes and be prepared to adapt to a shifting regulatory scheme Q
About the author: Karen M. Neeley is a shareholder with Cox Smith Matthews Incorporated. She assists clients with a broad range of matters related to trade association and financial insti-tution law. She is a frequent lecturer and author on banking topics, and has served as general counsel to the Inde-pendent Bankers Association of Texas since 1989. She may be contacted at [email protected].
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