LEAWOOD, Kan .– (BUSINESS WIRE) – CrossFirst Bankshares, Inc. (NASDAQ: CFB), the holding company of CrossFirst Bank, announced today that it is planning to enter Phoenix, Ariz., And Kevin Halloran as President of the Phoenix -Market. “In trying to expand outside of our traditional CrossFirst presence, we believe Phoenix is a great opportunity given the region’s favorable demographics, strong population and business growth,” said Mike Maddox, President and CEO of CrossFirst Bankshares, Inc .. “As an entrepreneurial bank, we are excited to have the opportunity to work with businesses and professionals in Phoenix and Maricopa Counties to support the region’s rapid growth. We are fortunate to have identified a local manager in Kevin Halloran who brings decades of banking and financial services experience as well as deep connections to Arizona. ”In his role as Market President, Halloran will be responsible for the opening of CrossFirst’s Phoenix banking facility, the Responsible for recruiting an experienced banking team, providing exceptional banking services to businesses, professionals and their families, and supporting the needs of the Phoenix community. “I am very excited to be joining the CrossFirst Bank team and I am particularly looking forward to capitalizing on my experience in the Phoenix market as we fly the CrossFirst flag and expand the bank’s presence in the region,” said Kevin Halloran . “Having had the opportunity to work with a number of companies throughout my career, I understand the importance of culture and exceptional customer service as real differentiators in the industry, and I’m excited to join a bank that brings the two together.” Halloran has more than Spent 35 years in banking in a variety of leadership 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. Prior to joining CrossFirst, Halloran was the Arizona Market President for CIT, where he was responsible for the Arizona Commercial Bank. Prior to joining CIT, Halloran had served as President of Mutual at Omaha Bank since 2012. In this role, he led the Bank’s commercial, healthcare, charter schools, home construction and commercial real estate teams for Arizona, effectively increasing loans, deposits and fee income while ensuring high credit quality. Halloran has also 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 served on the Board of Directors of the Boys and Girls Club of Phoenix and is currently a member of the Board of the Arizona Bankers Association and a member of the Advisory Board of Arizona Multi-Bank, a division of clearinghouse CDFI. The bank is seeking regulatory approval to open a temporary CrossFirst Phoenix office at 2801 E. Camelback Road, Suite 200. The bank has filed an application with the State Bank Commissioner and the Federal Deposit Insurance Corporation. Later that year, CrossFirst plans to move to a permanent location at 3237 E. Camelback Road. CrossFirst has successfully expanded its presence in the past. Since 2007, it has expanded its presence across the state of Kansas as well as Oklahoma, Texas, and Missouri. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements. These statements are made in accordance with the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the beliefs and expectations of CrossFirst Bankshares, Inc., 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 statements. These factors include, but are not limited to; (i) our ability to successfully manage our credit risk and the adequacy of our allowances; (ii) capital and credit market volatility, (iii) local and global business and economic conditions, (iv) our expected growth strategies, (v) changes in laws, rules, regulations, interpretations or guidelines relating to financial institutions, accounting, tax, Trade, monetary and tax matters, including Federal Reserve policies and as a result of initiatives by the current administration and (vi) our future business performance, results of operations and financial condition. In some instances, forward-looking statements may be identified by words or expressions such as “may,” “will,” “expect,” “anticipate,” “aim,” “aim,” “estimate,” “intend,” “plan,” “believe” , “Potentially”, “further”, “is / are likely” or other similar expressions. All information contained in this press release is as of the date of this press release and CrossFirst assumes no obligation to update this information unless required by applicable law. About CrossFirst Bankshares CrossFirst Bankshares, Inc. (Nasdaq: CFB) is a Kansas company and a registered bank holding company of its wholly owned subsidiary CrossFirst Bank, located in Leawood, Kansas. CrossFirst is a full service bank offering a range of products and services to businesses, professionals, individuals and families. CrossFirst is made up of a seasoned team of bankers united with the sole goal of serving people in exceptional ways. For more information on CrossFirst Bankshares, please visit https://investors.crossfirstbankshares.com/investor-relations.
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