DALLAS, March 8 /PRNewswire-FirstCall/ -- Colby Craig has joined Southwest Securities, FSB, the commercial banking subsidiary of SWS Group, Inc. (NYSE: SWS), as Vice President, Senior Commercial Loan Officer at the bank's Park Cities location in Dallas.

"Colby's years of experience building commercial banking relationships in North Texas are going to be a valuable asset to Southwest Securities, FSB," said Wayne Spencer, President of the Park Cities banking center. "He understands this market and is committed to providing the very highest level of personal customer service."

Mr. Craig comes to Southwest Securities, FSB after serving most recently as Vice President, Senior Commercial Relationship Manager with First Bank in Dallas. Prior to his time at First Bank, Mr. Craig served as Vice President, Senior Commercial Relationship Manager with Wells Fargo and also with Wachovia Bank, NA. He began his banking career at Bank One, NA and brings over seven years of North Texas banking experience to his new post at Southwest Securities, FSB.

"We are looking forward to Colby's contributions to the continued success of Southwest Securities, FSB and we're glad to welcome him aboard," said Chief Operating Officer Jerry Pavlas.

Mr. Craig earned a B.B.A. in finance from Texas Christian University and is currently pursuing an M.B.A. in accounting at the University of Dallas in Irving.

Southwest Securities, FSB, one of the largest banks headquartered in the Dallas-Fort Worth metropolitan area, was established in 1986 and became a wholly owned subsidiary of SWS Group, Inc. in 2000. Based in Texas, the bank conducts relationship banking across the southwestern United States and is involved in all areas of lending, from commercial loans and residential construction loans to nationwide mortgage warehouse lending. Southwest Securities, FSB offers a variety of commercial banking services designed to help businesses grow and communities prosper.

SWS Group, Inc. is a Dallas-based financial services holding company offering a broad range of investment and financial services through its subsidiaries. The company's common stock is listed and traded on the New York Stock Exchange under the symbol SWS.

SOURCE SWS Group, Inc.

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