David Russell, president of First Security Bank Fayetteville since 2008, has announced his retirement effective in March.
Russell began his career with First Security in 2002 as lender and retail bank manager, when the Searcy-based bank had six branches in northwest Arkansas. He played a key role in obtaining the only bank branch on the University of Arkansas campus and in the construction of two new branches in Fayetteville, First Security said in a news release. There are now 17 branches in the region, six of which he has overseen in Fayetteville and Farmington.
“After working for two large banks in Houston and Arkansas, First Security was a breath of fresh air,” Russell said in a statement. “I have spent half of my career here, which is a testament to how great a place it is to work.”
During Russell’s tenure at First Security Bank, he served on the Fayetteville Public Education Foundation board, Fayetteville Chamber of Commerce board and Leadership Chair for Class 20, the local board and national committees for the American Diabetes Association, Fayetteville Public Library Foundation board, and Washington Regional Hospital Foundation board, for which he is incoming chair.
“David has been an excellent team leader who cares deeply for his customers and community,” said Adam Rutledge, northwest Arkansas president of First Security Bank. “He has been an integral part of First Security’s growth in Northwest Arkansas over the last 20 years. We will all miss his jovial personality and words of encouragement.”
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