FOR IMMEDIATE RELEASE
Round Rock, July 24, 2024 – R Bank, a community-focused bank serving Central Texas, is pleased to announce key leadership changes and new hires. These strategic moves are a testament to R Bank’s commitment to being a dedicated financial partner while fostering growth for our customers and communities.
Chris Bubela has been appointed as the new Chief Banking Officer (CBO) and Executive Vice President of R Bank. Chris previously served as the Chief Lending Officer (CLO) and has been instrumental in driving the bank’s lending operations and growth for the last fifteen years.
“Over the years, I have seen firsthand the positive impact we have on our customers’ lives and businesses. Taking on the role of Chief Banking Officer allows me to focus on enhancing our overall banking operations, ensuring we continue to provide our customers with innovative solutions tailored to meet their unique needs. I look forward to working with our team to build on our success and drive even greater outcomes for our customers and community,” said Bubela.
Mike Ramirez joined the R Bank team as the new Chief Lending Officer (CLO) and Executive Vice President. Mike brings a wealth of experience in lending and financial services, having previously held senior positions at several prominent financial institutions.
“I am thrilled to join R Bank as the Chief Lending Officer,” said Ramirez. “R Bank has an incredible reputation for its commitment to customer service and community engagement. In my new role, I am excited to leverage my experience to expand our commercial loan and deposit capabilities and develop programs that will support the financial aspirations of our customers. I am passionate about cultivating strong relationships and providing the necessary resources to help our local businesses and individuals thrive.”
In addition, Cole McDonald has joined R Bank as a Commercial Lender and Senior Vice President. Cole’s extensive experience in commercial lending and his deep understanding of the local market will be invaluable as R Bank continues to grow its commercial banking portfolio.
“Joining a bank that is rooted in the community and committed to personalized service is truly inspiring. I look forward to working closely with local businesses to provide personalized lending and deposit solutions that meet their specific needs. I am eager to contribute to our mission of supporting businesses and furthering economic growth in Central Texas,” said McDonald. “I am excited to be part of the R Bank family as a Commercial Lender.”
Todd Engemoen, President and CEO of R Bank expressed his enthusiasm about the new additions to the team.
“We are excited to welcome Mike and Cole to R Bank and are confident that their expertise will greatly benefit our customers and community,” said Engemoen. “Chris’ transition to Chief Banking Officer is a testament to his outstanding contributions and leadership within the bank. These strategic changes will enable us to continue delivering on our commitment of being the bank that goes above and beyond for our customers and communities.”
Located in Central Texas, R Bank is a community bank dedicated to staying ahead of the curve, constantly adapting to its customers’ needs, and driving their success. By fostering close relationships and providing personalized solutions, R Bank ensures that every customer receives the support and resources needed to grow and succeed in an ever-changing financial landscape.