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Dallas Banker George F. Jones elected to Dallas Fed board

For immediate release: November 5, 2009

DALLAS—Dallas banking executive George F. Jones has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve an unexpired portion of a three-year term ending Dec. 31, 2011.

He is CEO of Texas Capital Bank and president and CEO of its parent company, Texas Capital Bancshares, both based in Dallas. He serves on the board of directors for both.

Jones has more than 30 years of banking experience. Previously, he helped found two financial institutions: Resource Bank in Dallas and Mack Financial Group, a private equity venture. He was also executive vice president and manager of corporate banking at Comerica Bank–Texas.

Jones is the treasurer of the board for the Better Business Bureau of Metropolitan Dallas. He is a past chairman of the Cystic Fibrosis Foundation of Dallas and Salesmanship Club Foundation board of trustees.

He holds a bachelor’s degree in business administration from the University of North Texas and is a graduate of the Graduate School of Banking at Southern Methodist University.

Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit www.dallasfed.org.

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Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org