Centennial Bank Promotes Deana Osment, Ed Way to New Posts

Centennial Bank has promoted two of its vice presidents to new posts in the northeast part of the state.

Deana Osment was promoted to president of the bank's Northeast Arkansas Division, while Ed Way was promoted to president of the Jonesboro market.

Regional president Davy Carter said Osment's "extensive banking knowledge and proven leadership skills will enable us to provide an exceptional level of service to our customers in northeast Arkansas."

Osment most recently served as senior vice president of commercial lending for Centennial Bank, a subsidiary of Home BancShares Inc. of Conway, and has 13 years with the bank. In all, Osment brings 24 years of banking experience — in retail, accounting, loan operations, credit analysis and commercial lending — to her new post.

Osment is an Oklahoma State University graduate where she earned her bachelor’s in finance. She also attended graduate school at the University of Central Arkansas, and completed the Arkansas Bankers Associaiton loan review course.

Osment serves on the East Arkansas Planning Development District loan committee, the St. Bernards Women’s Advisory Council and a United Way of Northeast Arkansas board member.

Osment said promoting Way to head the bank’s Jonesboro market was "the obvious choice."

"His level of knowledge about the city and commitment to our community are unparalleled," she said in the release. "I’m confident [Way] will continue to do an outstanding job as a leader of Centennial Bank and for Jonesboro."

Way brings more than 40 years of banking experience — including time in retail, loan operations and marketing — to his new post, including 14 years at Centennial Bank. He served most recently as executive vice president of marketing.

Way is an Arkansas State University graduate where he earned his bachelor's in business administration. He is also a graduate of Southwest School of Banking at Southern Methodist University.

Way is chairman of the Jonesboro Regional Chamber of Commerce's governmental affairs committee, and is a past transportation committee chair. 

Both Way and Osment will work from Centennial Bank’s northeast Arkansas headquarters in Jonesboro.