Pine Bluff, Arkansas-based Simmons Bank has promoted commercial banking veteran Marty Nay to executive vice president and Texas metro division president. Having served as the bank’s Kansas City market president for the past five years, Nay will take over the responsibilities of leading Simmons Bank operations in the Dallas/Fort Worth metropolitan area. He will oversee business development and client relationships for a division with approximately $2.8 billion in total loans and $1.6 billion in total deposits (as of June 30).
“[Marty’s] work in taking the bank’s Kansas City operations to the next level speaks for itself,” says Chad Rawls, executive vice president and chief metro banking officer. “The metroplex is a flourishing area that presents ample opportunities, not only for the bank’s growth, but for our client’s financial success.”
A Plano native, Nay has more than 25 years of banking and commercial real estate experience, including 15 years in middle-market and corporate banking, having previously worked at UMB Bank and US Bank. He joined Simmons Bank in 2016 as Kansas City market president. Under his stewardship, that market experienced a tenfold increase in total assets and net income in five years alone, driven by a fivefold increase in commercial and middle-market banking.
Nay holds a bachelor’s degree in accounting from Kansas State University and an MBA degree from the University of Kansas.
“We have a strong core of clients, long-lasting customer relationships and responsive bankers with a deep understanding of business in Texas,” Nay says. “I look forward to leading a team that is committed to serving our clients and growing our community engagement.”
Established in 1903, Simmons Bank operates 198 branches, including 68 in Arkansas, 48 in Missouri, 33 in Tennessee, 23 in Texas, 20 in Oklahoma and six in Kansas.