Carey Stewart, who has been the CFO of TexasBank for the past 32 years, has announced his retirement at the end of 2022.

Over Stewart’s tenure, he has implemented and overseen strategic growth that has positioned TexasBank for the success it sees today.  Greg Dodds, President of TexasBank, stated, “To say that TexasBank would not be in the position it is today without Carey’s leadership and involvement would be an understatement!  His steadfast approach has positioned us for even more growth and success in the years to come.  While Carey will no longer be employed by TexasBank in 2023, he and Kim will always be considered a part of the TexasBank Family.”

Upon retirement, Carey and his wife Kim will relocate to Lubbock where they will enjoy their greatest adventure yet as “Boss” and “Lolli” to their four grandchildren.

Steven McDonald has joined TexasBank as Executive Vice President and will serve as Chief Financial Officer. Since McDonald joined TexasBank in August of 2022, he and Mr. Stewart have worked closely together to ensure that there was a smooth transition with both the bank’s employees and its customers.  Stewart stated, “TexasBank is in good hands with Steven because of his enthusiasm, experience and strong vision for growth.”

McDonald has worked with large, complex organizations in the financial services industry with experience in strategic high-growth management, technology applications, risk management, capitol markets, and management of public companies. He has been president and CEO of Town North Bank and has held executive-level positions for HSBC, Household International, and First USA.

Steven graduated from Southern Methodist University in Dallas and, as a CPA, built his career foundation at Ernst & Young. Steven previously served as a trustee of the Parish Episcopal School and has participated in extensive community service projects, including high school scholarship programs.

Steven commented, “I’m very pleased to have joined the TexasBank family. Two banks are now one to deliver profitable growth, high quality customer service and products. I look forward to working with the team to continue this commitment at this important time.”

Mark Riebe, TexasBank’s CEO and Chairman of the Board noted, “Steven has already proven to be a valuable addition to the TexasBank management team in a very short period of time. He brings experience, enthusiasm, and expertise that will enable us to continue providing the superior financial services for which TexasBank is known. We are thrilled to have him as part of the family.”

TexasBank is a full-service community bank.  It operates out of 14 locations throughout West and Central Texas including Brown, Comanche, Erath and Eastland counties and the cities of Austin, Dallas, El Paso, Fort Worth and Weatherford. Member FDIC.