Please join us for a special lenders panel webinar on April 23, 2020 featuring Cecil H. Arnim, III, Executive Vice President of Commercial Banking, Veritex Community Bank, Sarah Cernosek, Senior Vice President and Senior Credit Risk Officer, Frost Bank and David Phillips, Senior VP of Central Texas atFar West Capital. Panelists will discuss how lenders evaluate business opportunities and give an update on the current lending climate during the time of COVID-19.
The meeting will be held via webinar from 12:00-1:00 p.m. CST and is complimentary. Zoom log-in instructions will be sent after registration and 24 hours prior to the event. Date: Thursday, April 23, 2020
Time: 12:00 - 1:00 p.m. Cost: Members: $0 Non-Members: $0 Registration is limited to the first 100 registrants.
Location: Zoom Webinar. There are two steps to register:
1) Register here by 11:00 a.m. on April 23 2) Upon registration, we will email you a link to the Zoom webinar
Cecil H. Arnim, III, Executive Vice President-Commercial Lending, Veritex Community Bank
Cecil H Arnim, III currently serves as Executive Vice President of Commercial Lending at Veritex Community Bank. Prior to joining Veritex in 2016, Cecil held roles as Business Banking Regional Manager at Iberia Bank and Business Banking Area Manager at Wells Fargo Bank. From 1990-99 he was Vice President of Workout/Restructures at First Interstate Bank/Wells Fargo Bank. Before his time at Wells Fargo, Cecil also worked as a Vice President of Commercial Banking at Devine State Bank and as an examiner at the Texas Department of Banking, where he began his career in 1985.
Outside of the office, Cecil is a guest lecturer and former member of the Executive Committee – Advisory Board of the Commercial Banking Program at the Mays Business School at Texas A&M University. He also is a member of the Board of Trustees for the Houston Ballet and serves as Captain of the Steer Auction Committee for the Houston Livestock Show and Rodeo. He is a Founder and former Chairman of the Board of the Stockyard Saloon Foundation. Cecil holds a B.S. in Agricultural Economics from Texas A&M University and an MBA from the University of Houston’s C.T. Bauer College of Business.
Sarah Cernosek, Senior Vice President/Senior Credit Risk Officer, Frost Bank
Sarah Cernosek has been with Frost Bank for 19 years and is the bank’s Senior Credit Risk Officer for the San Antonio and Corpus Christi regions. She chairs the Corpus/Valley Regional Credit Committee (decisioning loans between $20-30 million) and serves as a voting member of the San Antonio Regional Credit Committee. For the entirety of her first 14 years at Frost Bank, Sarah worked within the commercial lending group managing a diverse portfolio of mid to large sized C&I companies. She now serves on the credit administration side of the bank: primarily decisioning C&I credits between $10-30 million. Until recently, she chaired Frost Bank’s Commercial Loan Policy Committee and helped to oversee Frost’s commercial loan training program also known as “FSU” (training approximately 50-60 statewide Associate Relationship Managers annually). She serves on the board of directors for Junior Achievement of South Texas and participates as a guest lecturer for Texas A&M’s Commercial Banking Program in College Station.
David Phillips, Senior Vice President of Central Texas, Far West Capital
David Phillips is the Senior Vice President at Far West Capital (FWC). FWC is a wholly owned subsidiary of Central Bank of Houston, TX. The goal of FWC is to be the premier relationship-based factoring and asset based lending firm serving middle market and lower middle market companies. Over the past 10+ years, FWC has served 700+ clients in 30+ states with 95% of clients scoring the experience as Excellent.
Most FWC clients have between $5MM and $100MM in revenues. Most have between 15 and 150 employees. Most need an Accounts Receivable only or an Accounts Receivable and Inventory facility ranging in size from $250K to $10MM+. Most either can’t yet access a traditional bank cash flow-based line or can but need a more availability or low to no covenant or concentration limit facility.
Outside of the office, David is a husband, a father to three young children and has been a mentor with Explore Austin since 2015. David holds an MBA from the Acton School of Business, a bachelor’s degree in finance with a minor in history from Texas A&M University where he was also a member of the 4 x 400 meter relay team.