Pioneer Bank in Dripping Springs, Texas, has promoted Elizabeth Blose to chief financial officer as it works to finalize a merger deal and relocate its headquarters.
Blose began her new role at the $427 million-asset bank on Feb. 1, according to Grant Buck, a spokesman for the bank. Her predecessor, Gary Cooper, plans to retire but will remain at the bank for the time being to assist with its pending merger with First Community Bank in Sugar Land, Texas.
Blose would remain CFO of the combined company, which will keep the name Pioneer and is planning to move its base of operations from Dripping Springs to nearby Austin. Since she joined Pioneer in April as an executive vice president, Blose has been the point person on the integration with the $622 million-asset First Community and the building of its forthcoming Austin corporate office, Buck said. The deal and the construction project are expected to be completed this year.
Previously, Blose worked at Frost Bank, also in Austin, as a risk adviser and personal-lines producer; and before that she was the CFO and division director for finance and business strategy at Intrust Bank in Wichita, Kan. She has also worked Honeywell International, Wells Fargo and Berkshire Hathaway.
Cooper joined Pioneer in 2007. He previously worked at NetSpend Corp., Village Bank in Springfield, Mo., Mercantile Bank of Springfield and UMB Bank in Kansas City, Mo.