CrossFirst Bank has sights on expansion to Dallas

Leawood-based CrossFirst Bank announced Wednesday plans to enter the Dallas market.

In a news release, the bank said George Jones, who recently joined the board of CrossFirst Holdings, will spearhead the effort to establish a presence in the Texas city. Jones is the former CEO of Texas Capital Bank and a former board member of the Federal Reserve Bank of Dallas.

Jones will be charged with assembling a shareholder base, a local shareholder advisory board and a roster of bankers in the Dallas area, according to the release.

A location for the Dallas branch has not yet been selected, the release said. Currently, CrossFirst has branches in Leawood, Wichita, Oklahoma City and Tulsa.

Ron Baldwin, the bank’s chairman, said in the release that Dallas is a logical extension for the bank. CrossFirst, a $1.8 billion bank supported by more than $175 million in capital, according to the release, was founded in 2007.

The establishment of a Dallas location is pending regulatory approval. CrossFirst opened its Wichita location at 13th and Webb in 2012.

Bryan Horwath: 316-269-6708, @bryan_horwath