CrossFirst Bank in Leawood, Kansas, has opened a new division to serve the oil, gas and energy markets and hired a team of five bankers with experience in this sector.
The hires all previously worked for F&M Bank, which was acquired in March by the $20 billion-asset Prosperity Bank in Houston, Texas.
The $1 billion-asset CrossFirst is calling the new division Energy Bank. Based in Tulsa, the division will serve customers not only in Kansas and Oklahoma (where CrossFirst runs four branches) but also Missouri, Colorado, Texas, New Mexico, Arkansas, Louisiana, North Dakota, Michigan, Illinois, Indiana, Ohio, Pennsylvania and West Virginia, according to a company press release.
Chris Cardoni, a banker with 16 years of experience in the energy sector, has been appointed president of the new division and managing partner. Previously Cardoni was senior vice president and manager of energy lending at F&M, and he has also worked at MidFirst Bank and Bank of Oklahoma.
Two of the hires were given the titles of partner and business banker at Energy Bank: Terry Blain, who has been a banker for 25 years, including 20 years in oil and gas lending; and Wes Webb, another 20 year banking veteran.