JEFFERSON BANK ANNOUNCES FIFTH CEO TRANSITION IN 80-YEAR HISTORY AS DANNY BUTLER PREPARES FOR RETIREMENT

Leadership succession plan names Mitch Walker as CEO and Reagan Winslow as President

SAN ANTONIO, July 21, 2025 /PRNewswire/ -- In a move that reflects both its enduring values and vision for the future, Jefferson Bank, a family-owned Texas-based bank founded in 1946, today announced the upcoming retirement of longtime President and CEO Danny Butler, effective December 31, 2025. The Bank also announced the promotion of internal leads to key executive roles: Mitch Walker will succeed Butler as Chief Executive Officer, and Reagan Winslow will assume the role of President - both effective January 1, 2026.

The transition comes as Jefferson Bank approaches a milestone: its 80th anniversary in 2026. Since its founding, the San Antonio-based institution has remained steadfast in its people-first philosophy, placing integrity, responsiveness, and commitment at the heart of every decision. That ethos is captured in the bank's enduring tagline: This Is Personal to Us.

As an independent, family-owned bank, Jefferson represents a rare and disappearing breed – a true community bank with deeply rooted values and leadership that remains personally invested in the organization's success. "That leadership begins at the top, with a Chairman who is actively engaged in day-to-day operations and a Board that is deeply aligned with the Bank's mission," said Paul McSween III, Jefferson Bank Chairman of the Board. McSween will continue in his role as Chairman, helping ensure a strong foundation and cultural continuity as the next generation of leaders step forward.

"Our leadership transitions are not just about titles—they reflect commitment to our strength, culture, and our belief in the power of people," said McSween. "Mitch and Reagan are talented, principled leaders who have evolved with this organization. Their promotions reflect our belief in cultivating leadership from within and honoring the legacy of leadership that has shaped Jefferson Bank for nearly eight decades."

Danny Butler will retire after 26 years of service at Jefferson Bank and nearly 50 years in the banking industry. Under his leadership, the bank expanded its presence throughout Central Texas, grew assets from $300 million to nearly $3 billion, and strengthened its portfolio of businesses, including 1900 Wealth, Jefferson Bank Mortgage, and Sanger & Altgelt Insurance. Known for his humility, trust-building, and strategic foresight, Butler helped shape a leadership culture grounded in empowerment, mentorship, and integrity.

Reflecting on his tenure, Butler said, "While part of me still feels the energy to keep going, I step aside with deep gratitude and confidence. We have built something special here—an institution that grows while staying true to its roots. The team we've cultivated is ready, capable, and committed. The future of Jefferson Bank is incredibly bright."

Butler will remain actively involved with Jefferson Bank as a board member and in a business development capacity, strengthening long-standing client relationships.

Mitch Walker, currently Chief Operating Officer, will become Jefferson Bank's fifth CEO since its founding. Walker joined the bank 18 years ago as a credit analyst and has since held roles in commercial lending and executive management. Known as a 'thoughtful, forward-thinking leader', Walker is deeply attuned to the evolving financial landscape and is committed to preserving the bank's values-driven culture. "Becoming CEO is a tremendous honor," said Walker. "We are a values-first bank, and that won't change. I'm committed to fostering a culture where people thrive, where we lead with integrity, and where every decision reflects our belief that this is personal to us."

Reagan Winslow, who currently leads Jefferson Bank's Trust Division, will assume the role of President. A confident and collaborative leader, Winslow brings a values-driven approach to leadership that aligns closely with the Bank's culture of purpose and accountability. Since joining Jefferson Bank in 2020, he has fostered meaningful growth within the Trust Division while strengthening cross-functional partnerships across the organization. His strategic mindset and team-first management style position him well to lead the Bank into its next chapter of success.

The leadership transition is the result of careful succession planning by the Board over the last five years. This plan was designed to uphold the bank's core values while preparing for long-term growth. As Jefferson Bank enters its ninth decade of service, its leadership remains committed to staying independent, locally owned, and relationship driven.

"Our story is far from over," said McSween. "With Mitch and Reagan at the helm, we believe the next 80 years will be just as prosperous as the last. I have every confidence that Mitch and Reagan bring the right strengths, supported by an exceptional team of executive leaders already in place, to guide Jefferson Bank to the next chapter. The faces may change, but the heart of this institution remains the same."

Jefferson Bank offers a full range of financial services, including personal and commercial banking, mortgage, and trust services, as well as insurance through its subsidiary Sanger & Altgelt and comprehensive wealth management through 1900 Wealth Management.

About Jefferson Bank

Jefferson Bank has been a strong part of San Antonio's banking community for 79 years. It remains independent, locally owned, and ideally structured for convenient, personalized service. The Bank's mission is to earn long-term relationships every day through integrity, responsiveness, and commitment. Jefferson Bank currently operates banking centers in San Antonio, Boerne, New Braunfels, and Austin. For more information, visit www.JeffersonBank.com.

SOURCE Jefferson Bank