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Bancorpsouth Inc., Tupelo, MS, Announces Transition of Duties As

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Bancorpsouth Inc., Tupelo, MS, Announces Transition of Duties As November 24, 2014 www.bankersdigest.com Volume 145, No. 20 BancorpSouth Inc., Tupelo, MS, Announces Dallas Fed CEO Fisher Transition of Duties as Lewis Plans to Retire To Retire March 2015 BancorpSouth Inc., Tupelo, MS, re- committee. Threadgill will assume re- Richard W. Fisher, president/CEO cently announced the retirement of sponsibility for all business develop- of the Federal Reserve Bank of Dal- BancorpSouth ment. las and one of Senior Executive Lewis’ manage- the nation’s most Vice President ment responsi- outspoken central Gordon Lewis, ef- bilities will be dis- bankers, has offi- fective December tributed among cially announced 12, 2014. Lewis several Bancorp- his retirement on currently reports South executives. March 19, 2015, to President/COO Tommy Darnell, after a decade in Chris Bagley with executive vice the position. Threadgill Darnell Fisher The Dallas Fed senior manage- president and has already begun ment responsibil- chief sales officer, the search for Fisher’s replacement. ities for business development. will be relocating to Tupelo from Jack- Fisher, age 65, is one of two cur- Bagley will coordinate Lewis’ re- son to assume new responsibility for rent Fed “hawks” (worry more about sponsibilities during the transition the community bank system’s retail inflation) who will retire in 2015. He with James Threadgill, senior execu- and commercial loan, deposit, and fee has been swimming against the cur- tive vice president and chief business income production. He has been serv- rent for some time in his struggle to development officer and a member of ing as division president for the Jack- engage the tide of TBTF thinking and the company’s executive management son/Hinds County market Q the Fed’s loose monetary policies. His colorful oratory style and sharp eye Lixey Named To Lead Bank SNB Fort Worth Team on Fed policies have kept him in the spotlight in Washington, DC, and in Southwest Bancorp, Stillwater, OK, Funke said joining the Fort Worth the Fed’s District 11. subsidiary Bank SNB has announced team will be 17-year banker Nathan Fisher told The Dallas Morning News Brian Lixey will lead its entrance into Hoffman as a commercial banker and he has no plans yet–besides play- the Fort Worth 13-year banker Trey Ramsay as a com- ing some golf–for what he’ll do after market as market mercial banker. Also, joining the team March. Stay tuned! Q president, said are 15-year banker Shana Crawford Please route this issue: President/CEO and 11-year banker Jenny Halford. Mark Funke. Bank SNB filed an application for Lixey has more a full-service branch at 301 Commerce than 18 years of St., Ste. 3100, in Fort Worth, effec- banking and man- tive November 3. The bank recently In This Issue... agement experi- opened at the Commerce St. location Cybersecurity Assessment: Lixey ence in a variety as a loan production office, pending Observations and Summary of roles, including senior commercial regulatory approval for the branch. Feature..............................................3 loan officer and vice president of com- Bank SNB, chartered in 1894 as The mercial banking. He earned an MBA Stillwater National Bank and Trust FNB McGregor Celebrates 125th..6 degree from Tarleton State University Company, is a $1.8 billion-asset in- and completed Commercial Lending stitution with offices in five TX cities: Charter Activity..............................9 School at The University of Texas at Dallas, Austin, San Antonio, Frisco, Classified.......................................10 Austin. and Tilden, and offices in OK and KSQ Published weekly on Mondays except fifth Mondays P E O P L E TEXAS Junction National Bank CEO Rooke Named Zangoei Is Vice President, 2014-16 Chair, IBAT Services Board of Directors UMB Bank in TX Region The Independent Bankers Association Rooke’s more than 30-year bank- UMB Bank, n. a., a subsidiary of UMB of Texas (IBAT), Austin, announced ing career began in Junction Nation- Financial Corporation, Kansas City, that Darla Rooke, al Bank’s bookkeeping department MO, has hired Mi- president/CEO of learning manual processes in 1980. chael Zangoei as Junction National She has subsequently worked in al- vice president of Bank, will serve as most every area of the bank, rising commercial bank- chair of the IBAT through the ranks. In 2010, she was ing in TX, said Zach Services board of named president and CEO and also Fee, president of directors for 2014- elected a member of the bank’s board. UMB Bank’s Texas 2016. She is the fourth president in the 79- region. In addition year history of Junction National. She Based in Dallas, Rooke to her new role graduated with distinction from the Zangoei Zangoei will serve as IBAT Services Southwestern Graduate School of in commercial Board chair, Rooke is the current sec- Banking at SMU in 2009. lending and business development. retary-treasurer of the IBAT board of Rooke and her husband are active in He has more than 10 years experi- directors for 2014-2015. She will then their community. They volunteer their ence in banking and financial services. serve as chair-elect for 2015-2016, fol- time to Rebuilding Together-Junction, Prior to joining UMB, he served as vice lowed by chair for 2016-2017. She is a nonprofit that rehabilitates homes president of commercial banking at also a member of Junction National for elderly, handicapped, and low- Community Trust Bank, where he was Bank’s board of directors. income residents of Kimble County Q responsible for commercial lending in Vineyard Tapped SVP, Capital One Fort Worth Dallas. Zangoei holds both BBA and MBA of banking experience. Jim Vineyard has degrees in finance from the University joined Capital Vineyard previously served at of North Texas. He is a member of the One Bank’s middle PlainsCapital Bank in Fort Worth and Association of Corporate Growth, a market banking American State Bank in Lubbock. global networking organization, and a team serving Fort A Lubbock native, Vineyard is a member of Risk Management Associa- Worth. graduate of Texas Tech University tion, a financial services organization A senior vice with a BBA degree in finance and of with the goal of using sound risk prin- president, Vine- the Southwestern Graduate School of ciples Q Vineyard yard has 13 years Banking at SMU Q BANKERS DIGEST® Established 1942 A Weekly Bank News Magazine Do You Own Your ATMs Outsource ATM handles all the (USPS 041180) or Do They Own You? work, while you reap the benefits. Published weekly on Monday except fifth Mondays at 9516 Bill Browne Lane, Dallas, Texas 75243 The smart way to get the most Copyright 2014 Bankers Digest® out of your ATM network. BONNIE JAMISON BLACKMAN, Publisher/Editor R. GILBERT BLACKMAN JR., Managing Editor P. O. BOX 743006 Dallas, Texas 75374-3006 Phone 214/221-4544 Fax 214/221-4546 E-mail: [email protected] website: www.bankersdigest.com One year subscription rate: Print $37.00, Online $26.00; Both $50.00. Single copy $1.00 Opinions expressed by writers of bylined articles are not necessarily those of Bankers Bottom-line Value in Own the Benefits, Digest. We make no representations or war- Not the Hardware. ranties for information, products, or services ATM Outsourcing. contained in any advertisement in this maga- www.outsourceatm.com zine or on our website. Editorial guidelines may be obtained upon request. Articles and Contact us today, 281.304.2204 photos may be submitted to above address. [email protected] Periodical postage paid at Dallas, Texas POSTMASTER: Send address changes to Bankers Digest®, P.O. Box 743006, Dallas, Texas 75374--3006 Page 2 BANKERS DIGEST November 24, 2014 F E A T U R E C Y B E R S E C U R I T Y Background leased November 3, provides themes During the summer of 2014, FFIEC from the assessment and suggests Cybersecurity Assessment members piloted a cybersecurity as- questions that chief executive officers General Observations and sessment at more than 500 commu- and boards of directors may consider nity institutions to evaluate the in- when assessing their institutions’ cy- Statement stitutions’ preparedness to mitigate bersecurity preparedness. cybersecurity risks. The assessment The FFIEC also recommended Source: supplemented regularly scheduled that financial institutions of all sizes OCC BULLETIN 2014-53 exams and built upon key supervisory participate in the FS-ISAC as part of November 3, 2014 expectations contained within exist- their process to identify, respond to, http://www.occ.treas ing FFIEC information technology and mitigate cybersecurity threats handbooks and other regulatory guid- and vulnerabilities. The FS-ISAC is a The Federal ance. The “FFIEC Cybersecurity As- non-profit, information-sharing fo- Financial In- sessment General Observations,” re- (continued on Page 8) BD stitutions Examina- tion Council FEATURE (FFIEC) (http:// www.ffiec.gov), on behalf of its members, on Novem- ber 3 released the “FFIEC Cybersecuri- ty Assessment General Observations” and the “Cybersecurity Threat and Vulnerability Monitoring and Sharing Statement.” These documents address findings from the 2014 Cybersecurity Assess- ment pilot examination work pro- gram. They also encourage regulated financial institutions to participate in the Financial Services Information Sharing and Analysis Center (FS- ISAC) (http://www.fsisac.com) Highlights National banks and federal sav- ings associations (collectively, banks) need to understand their inherent cy- bersecurity risks and consider current practices and overall preparedness, focusing on the following: • Risk management and oversight • Threat intelligence and collaboration • Cybersecurity controls • External dependency management • Cyber incident management and resil- ience Information sharing is an impor- tant element of a bank’s risk manage- ment processes and its ability to iden- tify, respond to, and mitigate cyber threats and incidents. Banks are expected to monitor and maintain sufficient awareness of cyber threats and vulnerability information and to establish procedures for how to evaluate and apply information.
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