Southwest Securities, FSB Names V. William 'Bill' Dolan Jr. President for Albuquerque, N.M.

Jan 05, 2010, 16:05 ET from SWS Group, Inc.

DALLAS, Jan. 5 /PRNewswire-FirstCall/ -- V. William "Bill" Dolan Jr. has joined Southwest Securities, FSB, the commercial banking subsidiary of SWS Group, Inc. (NYSE: SWS). He will serve as President of Southwest Securities, FSB's banking center being established in Albuquerque, N.M.


"We're proud to have a banker with Bill Dolan's skill and experience as a member of our team," said Jerry Pavlas, Chief Operating Officer of Southwest Securities, FSB. "His leadership skills, commitment to customer service and first-hand knowledge of the Albuquerque area as a commercial banker and long-term resident will be an asset as we expand our presence in the region."

With over three decades of experience in all aspects of the banking industry, Mr. Dolan is looking forward to this new opportunity with one of the nation's leading regional banks.

"Southwest Securities, FSB has established itself as a strong, stable and growing bank and I'm looking forward to providing our customers with a level of personal service that exceeds their expectations," Mr. Dolan said.

Prior to joining Southwest Securities, FSB, he served most recently as Executive Vice-President of First Community Bank in Albuquerque (formerly known as First State Bank) where he was Manager of Acquisition and Development Lending, an active lender handling an extensive portfolio of commercial and real estate customers and Manager of Special Assets.

While at First Community Bank, Mr. Dolan also served on the Board of Directors and Credit Committee.

He has been in the Albuquerque banking community since 1973 with the past eighteen years at First Community Bank.

A retired Lt. Col. in the U.S. Army Reserve Program and a long-term resident of Albuquerque, Mr. Dolan has remained active and involved in the community. He is Past Chairman of the Finance Committee for St. Joseph Healthcare System, as well as a past member of the Board of Trustees. He served as a board member and was named Volunteer of the Year for the Kidney Foundation of New Mexico, a past board member of The Western States School of Banking and is a graduate of Leadership New Mexico. He currently serves as Treasurer of El Ranchito de Los Ninos Children's Home.

Mr. Dolan is a graduate of the University of New Mexico, where he earned a Bachelor of Arts Degree in History/Biology. He received his Master's Degree in Public Administration from the University of New Mexico Graduate School.

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 business nationwide and is involved in all areas of lending, from commercial loans and residential construction loans to mortgage warehouse lending. Southwest Securities, FSB offers a variety of commercial and community 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.