Arkansas Gov. Appoints SWGSB Grad Susannah Marshall As Commissioner of Arkansas State Bank Dept.
LITTLE ROCK – Governor Asa Hutchinson has appointed Susannah Marshall as the next commissioner of the Arkansas State Bank Department.
"Susannah Marshall understands banking and knows Arkansas banks as well as anyone in the state," Governor Hutchinson said today. "Her promotion to commissioner will provide a seamless transition of leadership as Commissioner Franks retires with the banking department in excellent condition."
Ms. Marshall has worked for the Arkansas State Bank Department since 1995. She was appointed deputy bank commissioner in 2007. She will replace Commissioner Candace Franks, who will retire October 1 after forty years with the State Bank Department.
Industry Mourns Death of Texas Banker Rick Smith
Fredrick M. "Rick" Smith, Sr., former SWGSB Foundation trustee (2003-2009), passed away at his home in Austin, Texas, on July 25, 2020. Mr. Smith served as Texas Bankers Association (TBA) chairman from 1994 to 1995, and, later, president and CEO of TBA from 1999 to 2009. He was actively involved in the banking industry for more than fifty years, including as president, chief operating officer and, finally, chief executive officer of Community Bank & Trust in Waco, Texas. After his retirement from TBA, he joined the board of The Independent BankersBank. In 2015, he was honored by the industry with the prestigious "50-Year Banker Award." TBA presents this award to "bankers with a half century or more of service and dedication to the banking industry." A lifelong Episcopalian, Mr. Smith held a number of leadership positions in the churches of which he was a member: senior warden at the Episcopal Church of the Holy Spirit in Waco; and verger at the Episcopal Church of the Good Shepherd in Austin.
Emerging Leaders Update: The Power of Education
I always think about my time at the Southwestern Graduate School of Banking at SMU during this time of year. While I was there, a group text message started between myself and several classmates. We started talking about all of the incredible experiences we had both in and out of the classroom. The bankers on this group text were from all over the place, including Scottsdale, AZ; Dallas, TX; College Station, TX, and Jonesboro, AR. After not having seen some of these classmates since we graduated back in 2006, I realized again just the power of education.