First Community Bank has announced an expansion of the company’s trust and wealth management divisions with three key promotions.
According to a release from the bank, Brandon Brewer, senior vice president and regional trust manager, will assume command of First Community Bank’s trust department as the senior vice president and director of trust and wealth management effective May 1. The current manager, Chris Treat, will be stepping into the role of senior vice president, director of sales. Janie Starnes will be promoted to vice president and operations manager.
With a 20-year trust management career, Brewer will bring valuable leadership and experience and will oversee the day-to-day management of the trust department, the release said. He has earned his Certified Trust and Financial Advisor (CTFA) designation from the American Bankers Association (ABA).
Treat, who has managed the department for the past 10 years, will now focus on the continued growth of the wealth management division throughout First Community Bank’s footprint, concentrating on reaching customers who have more complex wealth management needs, the release noted. He has earned his Certified Trust and Financial Advisor (CTFA) and the Certified Corporate Trust Specialist (CCTS) designation from the American Bankers Association.
In addition to her current role as the lead trust officer over the corporate trust division, Starnes will now manage the general operations of the department. She brings over 30 years of experience in trust operations and administration and currently holds the designations of Certified Trust Financial Advisor (CTFA), Certified Corporate Trust Specialist (CCTS), and Certified Corporate Trust Professional (CCTP).
As of Dec. 31, 2019, First Community Bank Trust and Wealth Management’s total trust assets were $150,056,000, a 24.46 percent increase over the previous year-end in which they were ranked 13th Largest Trust Department in Arkansas by Arkansas Business as of Dec. 31, 2018. The team is comprised of seven experienced professionals who provide services across Arkansas and Missouri, the bank said.
“Our trust team is a well-seasoned group of specialists working in harmony to provide estate planning and trust and wealth management services to help clients plan and prepare for every stage of their financial lives,” said Dale Cole, chairman and CEO of First Community Bank. “This expansion and restructuring of duties will enhance service to our customers by allowing Brandon, Chris, and Janie to focus on their specific areas of expertise.”
For more information about First Community Bank Trust and Wealth Management, call (870) 612-3423 or visit www.firstcommunity.net.