NBT Financial Bank Hires Miller and Curtis for BSA Compliance

Fort Worth-based NBT Financial Bank—formerly The National Bank of Texas at Fort Worth—recently announced two new hires. Sheri Miller has joined the bank as first vice president/BSA officer. She has more than 35 years of experience in the financial service industry, with an emphasis on regulatory compliance, BSA/AML compliance and auditing. She has worked for … Read more

Neeley, Independent Bankers Association of Texas’ General Counsel, Retires

Karen Neeley, general counsel for the Independent Bankers Association of Texas (IBAT) since 1989, retired on August 31. The association paid tribute to Neeley’s many years of service to the community banking industry in a special edition of its ongoing Ask IBAT Anything series. “After 33 years of representing IBAT as its general counsel, it … Read more

Texas Capital Bank Appoints Misra to Serve as Chief Compliance Officer

Texas Capital Bancshares, the parent company of Dallas-based Texas Capital Bank, announced that Vivek Misra has been appointed executive vice president and chief compliance officer, effective immediately. He brings extensive and diverse leadership experience with broad knowledge in compliance, operational and enterprise risk management to Texas Capital Bank, and will be instrumental in leading the continued … Read more

Neeley, Independent Bankers Association of Texas’ General Counsel for 33 Years, to Retire in August

Karen Neeley, general counsel for the Independent Bankers Association of Texas (IBAT) since 1989, has announced her planned retirement from IBAT “no later than August 31.” She chose the August 31 deadline to correspond with the due date for comments on the proposed revisions to the Community Reinvestment Act. “A fitting finale,” Neeley notes. “After … Read more

Banking Veteran Donnelly Joins Veritex Community Bank as Senior Executive Vice President and General Counsel

Longtime banking veteran Phil Donnelly has joined Dallas-based Veritex Community Bank as senior executive vice president and general counsel. As a member of the bank’s executive leadership team, Donnelly will work hand-in-hand with senior management in developing and implementing bank-wide strategic business initiatives and in the creation of new procedures and protocols designed to strengthen … Read more

A Comment on Implementing Section 1071 of the Dodd-Frank Act

BAILEY ALLEN, PhD Student, Rawls College of Business, Texas Tech University MIKE MAULDIN, Director of the Excellence in Banking Program, Texas Tech University DREW WINTERS, Pickering Chair in Finance, Texas Tech University The Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, Dodd-Frank Act) was created—according to the first paragraph of the act itself: “To … Read more

Kaplan to Retire as President of the Federal Reserve Bank of Dallas

On September 27, the Federal Reserve Bank of Dallas announced that President and CEO Rob Kaplan will retire from the bank effective October 8, 2021. He has served as the 13th president and CEO of the Dallas Fed since 2015. Prior to that, he was the Martin Marshall Professor of Management Practice and a senior … Read more

Turpen Joins Independent Bank Group as Chief Risk Officer

On July 15, McKinney-based Independent Bank Group Inc., the holding company for Independent Financial, expanded its executive leadership team with the appointment of John G. Turpen as executive vice president and chief risk officer, effective July 26. He will oversee the company’s enterprise risk management and compliance functions and support credit risk and administration. Turpen … Read more

Dallas Fed Names Velez Assistant Vice President

Yaira Velez has joined the Federal Reserve Bank of Dallas as an assistant vice president in the banking supervision department, where she will provide strategic leadership for the consumer affairs team. She previously served as manager of consumer affairs at the Federal Reserve Bank of Kansas City, where she led nationwide projects to enhance the … Read more

Citizens Bank Promotes Cozart, Jackson, McKnight and Pearson

Kilgore-based Citizens Bank announced the promotions of four of its officers at the Kilgore and Plano locations. Michael Cozart has been promoted to vice president by the board of directors. He joined Citizens Bank in 2014 as a credit analyst in the bank’s location in The Woodlands. In 2017, he was promoted to assistant vice … Read more