ViewPoint Financial Group, Inc. Announces Executive Appointments
July 05, 2012 at 04:58 pm
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ViewPoint Financial Group, Inc. parent company of ViewPoint Bank, N.A., announced the appointment of two seasoned banking professionals who will join the executive team on July 16, 2012. Thirty-five-year Dallas commercial banking veteran Thomas Swiley will come on board as executive vice president and chief lending officer. He is charged with overseeing the corporate banking, entrepreneurial banking, commercial real estate and warehouse lending divisions. Scott Almy will join ViewPoint as executive vice president, chief risk officer and general counsel, heading the credit, risk, compliance and legal functions of the company and bank. Almy has nearly 20 years of bank regulatory expertise.
LegacyTexas Financial Group, Inc. is a bank holding company. LegacyTexas Bank (the Bank) is the Company's principal operating subsidiary, which is a commercial bank that is focused on meeting the needs of businesses and consumers in the North Texas area. Its principal business consists of attracting retail deposits from general public and business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one- to four-family residences and consumer loans. Its Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in their own name and manage its cash flow needs until the loans are sold to investors. It offers title services, as well as brokerage services for purchase and sale of non-deposit investment and insurance products through a third-party brokerage arrangement.