Jefferson Bank Announces Important Leadership Transition as CEO Danny Butler Prepares to Retire
Jefferson Bank's Leadership Transition
In a significant development for the banking community, Jefferson Bank has announced the retirement of its long-serving President and CEO, Danny Butler. Butler, who has been with the bank for over 26 years, will step down on December 31, 2025. This transition comes as Jefferson Bank prepares to celebrate its 80th anniversary in 2026, reinforcing its commitment to its core values and future vision.
Mitch Walker, currently the bank's Chief Operating Officer, will ascend to the role of CEO, becoming the fifth leader since the bank's founding in 1946. Alongside Walker, Reagan Winslow, who currently heads the Trust Division, will take on the responsibilities of President. Both appointments are set to take effect on January 1, 2026.
Jefferson Bank has always embodied a people-first approach, emphasizing integrity, responsiveness, and dedication to the community. This ethos is captured in their tagline, "This Is Personal to Us." Paul McSween III, Chairman of the Board, expressed confidence in the new leaders, asserting that both Walker and Winslow are committed to nurturing the bank’s values-driven culture that has defined Jefferson Bank for decades.
Butler's tenure at Jefferson Bank has been marked by substantial expansion and diversification of its services. Under his leadership, the bank's assets surged from $300 million to nearly $3 billion, and it established several key business areas, including 1900 Wealth, Jefferson Bank Mortgage, and Sanger Altgelt Insurance. Reflecting on his career, Butler expressed his gratitude for the journey and confidence in the bank’s future.
As the financial landscape continues to evolve, Walker is poised to lead Jefferson Bank with a fresh perspective while honoring the legacies of the past. He joined the institution 18 years ago and has navigated various roles, showcasing his extensive knowledge and dedication to the bank's mission. “Becoming CEO is a tremendous honor,” he noted. “We are a values-first bank, and that won't change. I’m committed to fostering a culture where every decision aligns with our core belief.”
Reagan Winslow, who joined the bank in 2020, has made remarkable contributions to the Trust Division, emphasizing collaboration and accountability. His strategic vision aligns seamlessly with the bank’s objectives, making him an ideal fit for the role of President. “I’m excited to work with Mitch and the rest of the team to drive Jefferson Bank forward,” Winslow remarked.
The succession plan in place has been a product of thoughtful preparation by the Board over the past five years, ensuring that Jefferson Bank remains true to its fundamental values while preparing for future growth. With these new leaders at the helm, the institution enters its next chapter, ready to adapt and thrive in a rapidly changing environment.
As Butler continues to engage with the bank in a board capacity and business development role, the enriched leadership team pledges to uphold the community-driven ethos that has fostered trust and loyalty among clients.
As McSween affirms, “Our story is far from over.” With the leadership of Walker and Winslow, the next 80 years of Jefferson Bank promise to uphold the same dedication that has served the community well for decades. Jefferson Bank, renowned for its exceptional customer service, operational presence in cities like San Antonio and Austin, is geared for a vibrant future while remaining committed to personalized banking solutions and strong community ties.