Cole Taylor Bank in Chicago has hired Mark Garrigus as an executive vice president and the chief credit officer.
He supervises the $2.3 billion-asset bank's credit policy, credit underwriting, credit administration, loan operations, servicing, central underwriting, special assets and collections, compliance, loan review, and legal functions. He reports to Bruce Taylor, president and chief executive officer.
Mr. Garrigus, 50, was a senior vice president and the chief credit officer at Orix USA Corp. Before that he had held a similar post at Sanwa Business Credit Corp. in Chicago, which was renamed Fleet Business Credit Corp. in 1999.
Before that he had been the head of credit policy and analysis at First Chicago Corp. (now part of Bank One Corp.) and still earlier a senior vice president and the head of acquisition risk management at First Card Corp.
He began his 27-year banking career at First National Bank of Chicago, where he was named a senior vice president in 1987.
Cole Taylor has also given Pamela J. Mellor, its director of compensation and benefits, the title of senior vice president.
Her responsibilities do not change. She reports to Bob Davis, executive vice president of human resources.
Ms. Mellor, 38, has held the compensation and benefits post since she joined the bank in 1998 as a vice president. Before that she had been a vice president and partner of Concierges Plus Inc. in Northbrook, Ill.
MIDDLE ATLANTICProvident Bankshares in Baltimore has promoted Gary N. Geisel to president and chief operating officer of the company and its principal subsidiary, Provident Bank.
He succeeded Peter M. Martin, who remains chairman and CEO of the company and its bank.
Mr. Geisel was an executive for two years in the three-member office of the chairman, which is responsible for developing and carrying out corporate strategies and managing the company's staff, operations, and business units.
He joined the $5.7 billion-asset company in 1997 as the group manager of community banking. He directed Provident's 1997 acquisition of Citizens Savings Bank in Gaithersburg, Md., and its purchase of Harbor Federal Savings Bank in Baltimore last year.
Before joining Provident he had been an executive vice president of retail banking in the Laurel office of the Keedysville-based Citizens Bank, now part of Manufacturers and Traders Trust Co.
Before that he had been the senior vice president of branch administration at Equitable Bank in Baltimore (now part of Bank of America Corp.) and still earlier the senior vice president of community banking at Equibank of Pittsburgh (now part of Pittsburgh-based National City Bank of Pennsylvania).
He has 30 years of banking experience.
SOUTHEASTSouthwest Bank of Texas in Houston has named Jan Stein a vice president in its loan administration department.
She reports to Melanie Abedelfatah, senior vice president and credit and loan operations manager.
Ms. Stein joined Southwest Bank as an assistant vice president in 1997 when it bought her former employer, Pinemont Bank in Houston. She had worked at Pinemont for four years and was a vice president there when Southwest bought it.
Before that she was a vice president at National Commerce Bank in Houston (which First National Bank of San Antonio bought in 1995) and still earlier an assistant vice president at First Interstate Bank of Texas in Houston (which Wells Fargo Bank Texas bought last year).
Southwest Bank is a subsidiary of the Houston-based Southwest Bancorporation of Texas.