The Independent Bankers Association of Texas (IBAT) has announced this year’s recipients of its coveted Five*Star Award: Fenimore Kay Harrison (tier 1), Bank Compensation Consulting (tier 2) and SHAZAM (tier 3). These three IBAT associate members—based on company size—will be honored during the association’s 2022 IBAT Connecting Leaders Conference, June 16–18 in Round Rock. Since 2002, IBAT’s Five*Star Award has recognized associate members that routinely provide excellent service and innovative solutions to help community banks grow, enhance profits and gain efficiency. One award is given in each of three categories, which are based on the number of employees.
To be in consideration for the Five*Star Award, an IBAT associate member must earn enough engagement points—gained through participation in IBAT and industry events, etc.—to be in the top 10 percent of its category. IBAT member banks then vote to determine the winner in each category. Criteria used to determine this year’s winners include service excellence, human relationships, integrity, commitment to the community banking industry and exceptional value to the banks they serve.
Listed below are the 2022 Five*Star Award finalists in three tiers according to company size, with the winners in boldface. Five*Star Legends are companies that have won the award five times:
- Catalyst Financial Co.
- Fenimore Kay Harrison (Five*Star Legend)
- Kreps-Colgan & Associates Executive Search
- MG Architects
- Promontory MortgagePath
- Advantage Health Plans Trust
- Bancsource, a Cennox Group Co.
- Bank Compensation Consulting
- Glory Global Solutions
- Pulse, A Discover Company
- Strategic Resource Management
- The Baker Group (Five*Star Legend)
- BKD (Five*Star Legend)
- CLA (CliftonLarsonAllen)
- Deluxe Corp. (Five*Star Legend)
- Diebold Nixdorf
- Whitley Penn
Formed in 1974, IBAT represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation, with membership comprised of more than 4,600 banks and branches in 700 Texas communities.