JAKE PARSONS JOINS CITY BANK AS HEAD OF LOAN REVIEW

EFFECTIVE DATE:

Chartwell Partners congratulates our placement Jake Parsons on his new role as Head of Loan Review at City Bank in Lubbock. Reporting to Brent Bates, Chief Credit Officer, Parsons will be responsible for directing the independent loan review function for the bank and providing executive management and the Board Credit Risk Committee with objective evaluations of the overall credit quality of the credit portfolio, the effectiveness of processes, policies and procedures and compliance with applicable State and Federal regulations.

 

Parsons’ career spans over 15 years of financial industry experience, most recently as Senior Vice President, Enterprise Risk Manager at PlainsCapital Bank in Dallas.

 

“Through our targeted search process, Jake was selected by our client as the best fit for what the bank needs to mature the loan review function,“ said Scott Petty, Managing Partner of Chartwell Partners’ Financial Services Practice.

 

 

About City Bank

Headquartered in Lubbock, Texas, City Bank is a wholly owned subsidiary of South Plains Financial, Inc. (Nasdaq: SPFI).  City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas and El Paso markets, as well as in the Greater Houston, and College Station Texas markets, and the Ruidoso and Eastern New Mexico markets. City Bank provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. City Bank’s principal business activities include commercial and retail banking, along with insurance, investment, trust and mortgage services.

 

About Chartwell Partners

Chartwell Partners is a national, retained search firm founded in 2005 specializing in executive and board of director leadership recruitment. Partner Scott Petty and his team pride themselves on being one of the best executive search firm recruiting teams in the nation. We are regularly called upon by clients in the Commercial Banking, Community Banking and Mortgage Sectors to recruit C-Suite and other senior executives. As a top executive search firm, it is our job and privilege to meet the executive recruiting needs of our clients.