Financial Services >> CEO Interviews >> May 22, 2000
EDWARD TOWNSEND is Chairman and Chief Executive Officer of Local
Oklahoma Bank and its parent, Local Financial Corporation (NASDAQ:
LFIN). Mr. Townsend began his career after graduating from the
University of Texas at Austin with a BA in Economics, a BBA in
Accounting and an MBA in Finance. He was Vice Chairman of First National
Bank in Dallas, where he held several major positions over a 20-year
period, including Chief Financial Officer and Head of Corporate Lending.
Mr. Townsend joined Local Oklahoma Bank as Chairman, President and CEO
in 1988. He left in 1992 and purchased Green Country Bank in northeast
Oklahoma. In August 1997, a group led by Mr. Townsend negotiated the
purchase of Local from the previous owners and later merged Green
Country Bank into Local. Profile
TWST: Let's start out by your giving us a brief overview of LocalFinancial Corp: the company's history, products, services, customers,
those kinds of things.
Mr. Townsend: Local Financial