Veritex Bank Adds William Fallon as a New Board Member
May 20 2020 - 7:00AM
Business Wire
Veritex Community Bank has added a breadth of experience to its
Board of Directors with the addition of William E. Fallon, former
executive vice president for PNC Bank. Mr. Fallon is a 40-year
banking veteran with PNC Financial Services Group and its
subsidiary, PNC Bank, NA. During his career at PNC, he oversaw the
institution of PNC’s Portfolio Management function, served as its
Chief Commercial Credit Officer, and was responsible for the
valuation of the wholesale loan portfolios of bank holding
companies acquired by PNC. Mr. Fallon retired from PNC in July
2018. In addition to his pedigree resume as a banker, Mr. Fallon
was a leader in the United States Golf Association where he held
multiple leadership roles in the USGA and the Western Pennsylvania
Golf Association.
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Veritex Bank Adds William Fallon as a New
Board Member (Photo: Business Wire)
“To achieve our long-term growth goals, we need to ensure that
the bank can scale its ability to deliver best-in-class operations
and service. The addition of Bill as a board member brings skilled
leadership to our bank so that we can serve the needs of an
ever-changing business environment,” said Malcolm Holland, Veritex
Bank’s President and CEO. “Bill certainly is comfortable facing
these types of business challenges. But Bill is more than that. His
leadership role in the USGA has given him a unique skillset, an
applied understanding of the critical importance of structure,
organization, clarity and fairness. That, combined with his 40+
years in banking, is what makes Bill an extraordinary addition to
the Veritex community.”
“I couldn’t be happier to become a part of the Veritex Bank
team,” said Bill Fallon. “Veritex Bank is an extraordinary bank; it
is as good in person as it is on paper. Veritex is financially
healthy, incredibly well-managed and culturally sound. The bank is
well-positioned to grow and thrive in the Texas marketplace. I am
proud to be joining a dedicated team of professionals who share a
common vision and all work together to achieve it.”
Bill earned a BBA in Management from the University of Notre
Dame and an MBA in Finance & Organizational Behavior from The
Ohio State University. He serves on the board of directors of the
Pittsburgh Zoo and PPG Aquarium with assignments on the executive,
finance and strategic planning committees. Fallon served as a
member of the USGA Regional Affairs Committee and was a Rules
official for the Western Pennsylvania Golf Association. He
previously served as general chairman of the 2003 U.S. Amateur,
group chairman of the 2007 U.S. Open and vice chairman of the 2010
U.S. Women’s Open.
About Veritex Bank
Veritex Community Bank is a mid-sized community bank serving its
customers with a full suite of banking products and services. The
bank has over 40 branch locations in Houston, Fort Worth and
Dallas, Texas with total assets of over $7.9 billion. The bank
specializes in providing depository and credit services to retail
and small- to mid-size businesses, which have been largely
neglected by national banks. The name “Veritex” is derived from the
Latin word “veritas,” meaning truth, and “Texas.”
Veritex Community Bank is a Texas state chartered bank regulated
by the Texas Department of Banking and the Board of Governors of
the Federal Reserve System. For more information, visit
www.veritexbank.com.
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Susan Caudle Veritex Community Bank
scaudle@veritexbank.com; 972-349-6132
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