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.
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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.