OakStar Bank selected a longtime Jack Henry & Associates Inc. (Nasdaq: JKHY) manager as its next chief operations officer.
Jeff Scott succeeds nearly three-year COO Rob Buchanan, who in September took another role within OakStar as senior executive vice president and chief risk officer, according to the company’s website and Buchanan’s LinkedIn page.
"Jeff brings an incredible wealth of knowledge and experience to our OakStar team," President and CEO Randy Johnson said in a news release.
A native of southwest Missouri and a graduate of Southwest Baptist University, Scott worked the past 23 years for Jack Henry, most recently as manager of core acquisition services.
At OakStar, he oversees all areas of deposit operations.
The selection of Scott came soon after the conclusion of fiscal 2017, when OakStar became the local leader in U.S. Small Business Administration-backed loans in the Springfield metropolitan statistical area. Simmons First National Corp. (Nasdaq: SFNC), which in 2015 acquired Liberty Bancshares Inc., had held the top spot for 18 years as Simmons and Liberty.
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The move would come with a new property tax levied on residents of regional school districts.
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