FOR IMMEDIATE RELEASE
Alliance Bank Central Texas appoints new president
Waco, Texas (March 19, 2021) — Alliance Bank Central Texas is proud to announce the promotion of Ricky D. Thompson to bank president. With unanimous support of the bank’s board of directors, Thompson, who previously served as executive vice president and commercial relationship manager, began the new role effective March 17, 2021.
"Ricky is an exceptional choice for this leadership role,” Todd Moore, chairman and CEO said. "His deep understanding of relationship banking has served him well over his career, and a quality we value at our bank. He partners closely with business owners and managers, providing the timely support they need amid the fast pace of business today. Simply put, Ricky gets things done for his customers. And, he is a team player, which is a must in our organization.”
Thompson assumed the role of president from Todd Moore, who remains CEO and also took on the role of board chairman. Moore succeeds former board chairman Benjy Bauer, who will continue to serve on the board.
“We are very grateful for Benjy’s years of service as board chairman since 2013,” Moore said. “Over this period, bank assets grew from $191 million to $386 million. His leadership has been an integral part of that growth and success of the bank. We will continue to seek his guidance going forward as he remains a founding board member.”
Thompson brings a wealth of industry knowledge and experience to his new role. He has been a community banker in Waco for 35 years, holding various leadership positions, including bank president. He joined the Alliance Bank team in 2017 as executive vice president and commercial relationship manager. He continues to drive growth, all while keeping personalized banking experiences top of mind.
“I am honored to continue moving Alliance Bank Central Texas forward, remaining committed to help meet the needs of Central Texans,” Thompson said.
Thompson earned a Bachelor of Business Administration from Baylor University where he played wide receiver for the Baylor Bears. He was part of the 1974 Southwest Conference Championship team and was also an All-American in track, winning four SWC long jump championships. Thompson was drafted by the Baltimore Colts in 1976 and played seven seasons in the National Football League (NFL), primarily for the Washington Redskins. Thompson continues to pursue his passion for the sport as a sideline radio analyst and commentator for Baylor football and as a volunteer football coach for Waco Montessori School. Thompson is also a partner in Public Automotive Group, with nine locations in Central and East Texas.
Committed to community enrichment, Thompson has served on numerous boards, including his current role on the Foundation Board of First Baptist Church Waco. He served as board president for Heart of Texas American Red Cross, Heart of Texas Council Boy Scouts of America, Baylor Lettermen’s Association, and as vice chairman of the University of Mary Hardin Baylor board of trustees. He has also served on the board of Waco Chamber of Commerce, United Way of McLennan County and Texas Sports Hall of Fame. Thompson has been inducted into the Baylor Athletic Hall of Fame, the Southwest Conference Athletic Hall of Fame and the Gatesville Athletic Hall of Fame.
Thompson is married to his wife, Carol. They have two grown daughters, Cortnie Thompson and Casie Weaver; a son-in-law, Clint Weaver; and two grandchildren, Jack and Tessa Weaver. Thompson enjoys playing golf with his grandson, boating with his family and anything involving Baylor athletics.
About Alliance Bank Central Texas
Established in 2007 after purchasing a bank with a century-long tradition of providing personalized banking service, Alliance Bank Central Texas is committed to helping families and businesses meet their financial goals. Beginning with approximately $35 million in assets, the bank is currently over $386 million in size. Alliance is independently owned by more than 200 shareholders and locally operated by a board made up of some of the community’s most talented businessmen and women. Our team of highly-skilled banking professionals value building relationships with their customers, actively partnering together to support and improve the communities where they live, work and serve. Alliance is headquartered in Woodway, Texas, with locations in Waco, Jewett and Donie. Offering a variety of mobile and internet products and services, and ATMs scattered across the map, they take pride in making banking easy, all while maintaining the high-touch service that customers deserve and trust.