Encore Bank is expanding into the Dallas and Fort Worth markets. Phillip Jett, Encore Bank vice chairman and president, announced the expansion on Friday, Sept. 25.
Marc Massad will be taking the lead of the Dallas market, as the executive vice president and regional president for that market. Scott Jones will assume the role of executive vice president and regional president for Encore Bank in Tarrant County, where Fort Worth is located.
“Early on in the Encore Bank story, we made our intent to operate in the Dallas and Fort Worth markets a top priority. Our philosophy of being a private, boutique bank that promotes a culture of empowerment and innovation, we believe, is a great fit in these markets. Our passion for delivering products and services with a unique client experience will go well with the traditions and expectations of the individuals and businesses in the North Central Texas market,” Jett said in a statement.
With 16 years of banking experience in Texas, Massad most recently served as the senior vice president and commercial group manager for Iberia from 2014 to 2020. He has also served as a commercial banker with Mutual of Omaha Bank and as an assistant vice president and credit analyst with Bank of Texas. He is the chairman of the board for Saints Constantine & Helen Church in Dallas.
“I am very thankful for the opportunity to lead our Dallas market. We have a bank that has all the technology at their fingertips that rivals or surpasses any bank in the country, regardless of size. We are committed to our clients, partners, associates and the communities we serve in delivering not just exceptional client service, but client experiences that make a difference in their business and personal lives,” Massad said.
Jones has 35 years of banking experience and was the Tarranty County market president and Dallas-Fort Worth market president for Regions Bank before joining Encore Bank. He previously as the Tarranty County area executive for First Horizon Bank.
“After observing the banking industry during my career, I saw that Encore Bank was doing something different. Their vision of delivering traditional banking products with purpose, passion and precision, while maintaining exceptional client service is the same driving force behind my 35-year banking career. The clients in Tarrant County, and beyond, will be proud of the bank we are building,” Jones said.
Headquartered in Little Rock, Encore Bank was founded in 1997. The bank has locations in Fayetteville, Little Rock, Jonesboro and Rogers. According to an Encore Bank release, it has $650 million in assets as of Aug. 31, 2020.