Scott joined First American State Bank in January 2018 as President and Chief Operating Officer, with primary responsibility for the overall operation of the bank. He has spent over 30 years in commercial banking and has been an officer of banks from the largest U.S. banks to a de novo bank. Scott’s areas of expertise include general management, strategic planning, mergers and acquisitions, regulatory relationships, commercial lending, and credit administration.
Scott came to Colorado from Illinois in 2006 as a member of a small group of investors that established a new bank holding company in Colorado Springs via the acquisition of a community bank. Most recently he was the President of Stockmens Bank in Colorado Springs, where he helped that niche-oriented bank enhance its internal processes in credit administration, interest rate and liquidity risk, and managed its 2017 merger with a Missouri bank.
Scott earned his Bachelor of Business Administration degree from the University of Iowa and a Master of Business Administration degree from Depaul University. He has served in the past as a board member on several community organizations, including the YMCA, Capitol Civic Center, and Silver Lake College. He is an avid skier, hiker, and motorcycle rider. He and his wife, Judy, have two sons and a daughter.