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Friday, July 25, 2014

Dan Jones leaves Cap Fed, joins Intrust Bank

By Jerry Siebenmark
The Wichita Eagle

Dan Jones turned 50 this year and decided it was time for a career change.

And while Jones remains in the banking industry, he’s now at a different institution and working in a different job.

He left Capitol Federal Savings, where he was first vice president and regional lending manager, to become a commercial real estate relationship manager at Intrust Bank.

Until now, all of Jones’ 23 years in banking were at Capitol Federal, where he focused largely on residential mortgage lending and supervised that part of the bank’s business in the Wichita area.

Now Jones is learning the commercial real estate and commercial lending businesses while also assisting Intrust lenders on construction loans for developers.

“It’s created quite a dynamic change,” Jones said. “I’m getting back to taking care of the borrower, which I missed.”

Jones said not only did he miss working with customers, he was burnt out on the mortgage lending business, particularly the growing regulation that’s accompanied the industry since the housing and financial crisis of 2008. “Quite frankly, it wasn’t fun,” he said.

And Jones said he has always had an interest in learning the commercial lending and commercial real estate business.

Gary Schmitt, Jones’ boss and Intrust’s division director of commercial banking and real estate lending, considers Jones an important hire for the bank because of his credibility in the real estate and business communities.

“Wichita is still a small town,” Schmitt said. “For us to bring Dan Jones to Intrust Bank, it still means a lot.”

Schmitt and Jones said they have known each other for many years, and he and Jones had discussed his interest in doing something different in the lending business.

“Things fell together, and there was an opportunity,” Jones said. “It’s a very easy culture to fit into.”

Reach Jerry Siebenmark at 316-268-6576 or jsiebenmark@wichitaeagle.com.

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