Experienced Arizona Banking Executive, Kevin
Halloran, Named as Market President
CrossFirst Bankshares, Inc. (NASDAQ: CFB), the bank holding
company for CrossFirst Bank, announced today that it has plans to
enter the Phoenix, Arizona market and has named Kevin Halloran as
Phoenix Market President.
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Kevin Halloran Phoenix Market President
(Photo: Business Wire)
“As we looked to expand outside our traditional CrossFirst
footprint, we believe Phoenix is a great opportunity given the
region’s favorable demographics, strong population, and business
growth,” said President & CEO of CrossFirst Bankshares, Inc.,
Mike Maddox. “As an entrepreneurial bank, we are excited about the
opportunity to work with businesses and professionals in Phoenix
and Maricopa County and to support the region’s rapid growth. We
are fortunate to have identified a local leader in Kevin Halloran,
who brings decades of banking and financial services experience as
well as deep Arizona connections to the role.”
In his role as Market President, Halloran will be responsible
for opening CrossFirst’s bank location in Phoenix, recruiting an
experienced team of Bankers, delivering extraordinary banking
services to businesses, professionals and their families and
supporting the needs of the Phoenix community.
“I am thrilled to be joining the team at CrossFirst Bank and
particularly excited to leverage my experience in the Phoenix
market as we plant the CrossFirst flag and grow the bank’s presence
in the region,” said Kevin Halloran. “Having had the opportunity to
work with a number of organizations throughout my career, I
understand the importance of culture and extraordinary client
service as true differentiators in the industry and am pleased to
join a bank that brings both of these to the table.”
Halloran has spent more than 35 years in banking in a variety of
executive and leadership roles, with a particular focus on
commercial credit and business development. He has a strong
background in risk management, sales and talent development. Before
joining CrossFirst, Halloran served as Arizona Market President for
CIT, where he was responsible for the Arizona commercial bank.
Prior to CIT, Halloran served as state president of Mutual of Omaha
Bank since 2012. In that role, he led the bank’s commercial,
healthcare, charter school, homebuilding and commercial real estate
teams for Arizona, effectively growing loans, deposits and fee
income while ensuring high credit quality. Halloran also has worked
for Citibank, First Interstate Bank and Comerica.
Halloran earned his bachelor’s degree in Finance from Indiana
University and is a graduate of the University of Oklahoma Banking
School and the Executive Leadership Coaching Program. He has served
on the Board of Directors for the Boys and Girls Club of Phoenix
and is currently on the Board of the Arizona Bankers Association
and serves on the Advisory Board for Arizona Multi-Bank, a division
of Clearinghouse CDFI.
The bank is seeking regulatory approval to open a temporary
CrossFirst Phoenix office located at 2801 E. Camelback Road, Suite
200. The bank has filed an application with the State Bank
Commissioner and Federal Deposit Insurance Corporation. Later this
year, CrossFirst has plans to relocate into a permanent branch
location at 3237 E. Camelback Road.
CrossFirst has a history of successfully expanding its
footprint. Since 2007, it has grown its presence throughout the
state of Kansas, as well as Oklahoma, Texas, and Missouri.
Cautionary Statement Regarding Forward Looking
Statements
This press release contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about CrossFirst
Bankshares, Inc.’s beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties, and a number of factors could cause actual results
to differ materially from those contained in any forward-looking
statement. These factors include, but are not limited to; (i) our
ability to successfully manage our credit risk and the sufficiency
of our allowance; (ii) capital and credit market volatility, (iii)
local and global business and economic conditions, (iv) our
anticipated growth strategies, (v) changes in the laws, rules,
regulations, interpretations or policies relating to financial
institutions, accounting, tax, trade, monetary and fiscal matters,
including the policies of the Federal Reserve and as a result of
initiatives of the current administration and (vi) our future
business development, results of operations and financial
condition. In some cases, forward-looking statements can be
identified by words or phrases such as “may,” “will,” “expect,”
“anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “potential,” “continue,” “is/are likely to” or other
similar expressions. All information provided in this press release
is as of the date of this press release, and CrossFirst undertakes
no duty to update such information, except as required under
applicable law.
About CrossFirst Bankshares
CrossFirst Bankshares, Inc. (Nasdaq: CFB) is a Kansas
corporation and a registered bank holding company for its wholly
owned subsidiary CrossFirst Bank, which is headquartered in
Leawood, Kansas. CrossFirst is a full-service bank that offers a
suite of products and services to businesses, professionals,
individuals and families. CrossFirst is comprised of an experienced
team of bankers united around a single purpose of serving people in
extraordinary ways. For more information on CrossFirst Bankshares,
visit
https://investors.crossfirstbankshares.com/investor-relations.
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version on businesswire.com: https://www.businesswire.com/news/home/20210614005756/en/
Media Contact Meggin Nilssen CrossFirst Bank 816.895.4604
meggin.nilssen@crossfirstbank.com
Investor Relations Matt Needham CrossFirst Bankshares,
Inc. 913.312.6822 matt@crossfirst.com
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