Chad M. Sundbeck has been appointed Executive Vice President and Chief Lending Officer of Texas Gulf Bank, N.A., MEMBER FDIC - Houston, an independently owned and operated bank established in 1913.
May 27, 2014 (Newswire) - Chad M. Sundbeck has been appointed Executive Vice President and Chief Lending Officer of Texas Gulf Bank, N.A., MEMBER FDIC - Houston, an independently owned and operated bank established in 1913. As Chief Lending Officer, Sundbeck will assume responsibility for the Bank's business development strategy, growth plans and opportunities, and overseeing the delivery of Texas Gulf Bank's full range of lending and deposit services and products to businesses, entrepreneurs, and high-net-worth individuals.
"The promotion of Chad Sundbeck to Executive Vice President is an acknowledgement of Chad's leadership and contribution to the continued success of the bank," said Richard W. Jochetz, President of Texas Gulf Bank - Houston. "Chad will step into a greater leadership role in lending, including hiring additional lending talent and strategizing ways to attain and exceed lending goals through meeting clients' and prospects' financial needs."
"It is an honor to receive this promotion," said Sundbeck. "Working with the incredible team and clientele at Texas Gulf Bank far exceeds the experience of any place I've ever worked. It is a place where customers not only know their banker by name, but also have direct access to the President and CEO of the bank. I'm looking forward to continuing to grow our business while watching our customers continue to succeed and grow their businesses as well."
Sundbeck's banking career spans over 18 years. Most recently, he served as Senior Vice President of Commercial Lending for Texas Gulf Bank - Houston. Prior to joining Texas Gulf Bank, Sundbeck was Vice-President/Business Banking Officer for Capital One Bank Corp., where he managed a significant loan and deposit portfolio. Previous positions include Vice-President/Commercial Loan Officer for Sterling Bank Corp., Finance Manager for Merrill Lynch Business Financial Services, and AVP/Commercial Loan Officer for Union Planters Bank Corp. Sundbeck is a graduate of the Southwest Graduate School of Banking and class officer.
About Texas Gulf Bank
Texas Gulf Bank is independently owned and operated and offers a full range of financial products and services, as well as wealth management , to businesses and consumers in Brazoria, Harris and Galveston counties. Established in 1913 in Freeport, Texas, the bank has grown to offer services to customers at nine locations along the Texas Gulf Coast. Texas Gulf Bank has a five star rating from Bauer Financial. For more information, visit www.texasgulfbank.com.
Wealth Management Department Investments include non-deposit investment products which are:
not bank deposits
not FDIC insured
not insured by any federal government agency
not guaranteed by the bank
may decrease in value.