MIDDLE ATLANTIC
International Bank of Miami of Coral Gables, Fla., has hired a former chief credit officer of Associates First Capital Corp. and Bank One Corp. as its own credit chief.
A. William Crowley has also been named an executive vice president of the $938 million-asset bank. He will run five divisions: personal financial services, commercial lending, real estate lending, credit administration, and correspondent banking.
Mr. Crowley became Associates First Capital's credit chief soon after Ford Motor Co.'s 1996 spinoff of the big Irving, Tex., finance company. (Citigroup Inc. bought Associates in 2000.) Earlier he held the post at what was then Banc One Corp., after having been the credit chief of its Texas operation since 1991.
Still earlier he had worked for 20 years at Southeast Banking Corp. of Miami, rising to credit chief. (What is now Wachovia Corp. bought Southeast in 1998.)
Most recently Mr. Crowley has been the president of AW Crowley Inc., a private investment and management firm in Dallas.
International Bank of Miami is owned by Granvalor Holding Ltd. of Tortola, British Virgin Islands.
SOUTHEASTFirst Charter Corp. of Charlotte said Robert E. James Jr., the president and chief executive officer of its $4.5 billion-asset First Charter Bank since April 2004, now holds those titles at the holding company too.
He has also joined the holding company's board.
He succeeded Lawrence M. Kimbrough, who will remain with the company as president emeritus until his retirement next Jan. 31. Mr. James joined First Charter in 1999 as its group executive vice president of sales and marketing. Before that he had worked for 25 years at Centura Bank (now RBC Centura Bank).
SOUTHWESTVail Banks Inc. of Avon, Colo., has promoted Brady Burt from senior to executive vice president and made him the chief financial officer of the company and its $650 million-asset WestStar Bank.
He has also been named the chairman of the company's asset liability management committee.
Mr. Burt had led the accounting department for Vail Banks since February. He joined the company in 2002 as a vice president and the assistant director of internal audit and was promoted to senior vice president and director of internal audit and compliance the following year.
Before joining Vail Banks he was a vice president in the internal audit department at Bank One, which JPMorgan Chase & Co. bought last year. Earlier he had been a manager in the London office of PricewaterhouseCoopers International Ltd.
WESTNara Bancorp Inc. of Los Angeles said Alvin D. Kang will join it as its chief financial officer and that of its $1.6 billion-asset Nara Bank on or about Aug. 1.
Mr. Kang is an executive vice president and the CFO of Broadway Financial Corp., which he joined in 2001. He is also the CFO and the chief operating officer of the Los Angeles company's $300 million-asset Broadway Federal Bank.
Earlier in his 34-year career in financial services he worked for KPMG LLP. In 26 years with the accounting giant he had been, among other things, the lead partner in charge of its Asian business group and the lead partner on audits of several major Los Angeles financial institutions.
