The Bank Slate


R Bank in Texas hires VeraBank CFO as its new leader

R Bank in Round Rock, Texas, has a new leader.

The $1 billion-asset bank said in a press release that Todd Engemoen had become its president and CEO. He succeeded Steve Stapp, who retired after leading the bank for 16 years.

Engemoen was chief financial officer at VeraBank, according to his LinkedIn profile.

Engemoen’s “depth of experience and alignment with our core values make him the perfect choice to lead R Bank into the future,” Reese Ryan, the bank’s chairman, said in the release.

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