John M. Floyd & Associates Executive Search Group Chosen by IBAT

October 31, 2011 – The Independent Bankers Association of Texas (IBAT) has retained John M. Floyd & Associates Executive Search Group (JMFA ESG) to be the preferred provider of search and recruitment services for the association's member banks. With 60 percent of executive management personnel reaching standard retirement age in the next 10 years, community banks will be faced with the dilemma of attracting the top talent in the marketplace. JMFA ESG provides extensive search expertise, along with a referral network that includes a database of more than 80,000 contacts to assist financial institutions in finding and hiring the ideal top-level candidates needed to meet today's leadership challenges. “In today's ever-changing environment, community banks in Texas are experiencing continued M&A activity, along with regulatory oversight and repositioning of internal talent,” said Chris Williston, IBAT president and CEO. “We are delighted to offer JMFA ESG's extensive executive search expertise, along with their time-saving recruiting and hiring process to our members at this challenging time.” Formed in 1974, the Independent Bankers Association of Texas (IBAT) exclusively represents Texas' community banks and branches, located in more than 800 towns, cities and rural areas across the state. Providing safe and responsible financial services to all Texans, IBAT members range in size from $3 million to $16 billion with combined assets of $146 billion. IBAT is directed by volunteer leaders and a dedicated and experienced staff. John M. Floyd & Associates is a provider of profitability and performance-improvement consulting.