AUSTIN — Governor Rick Perry has appointed H.J. “Jay” Shands III of Lufkin to the Finance Commission of Texas for a term to expire February 1, 2012. The commission ensures banks, savings institutions, consumer credit grantors and other state-regulated financial entities operate responsibly to enhance the financial well-being of Texans.
Shands is president and CEO of First Bank & Trust East Texas. He is chairman of the First Bank of Conroe and Balcones Recycling Inc. Board of Directors, and a member of the Independent Community Bankers of America, Independent Bankers Association of Texas. He is also a past member of the American Bankers Association’s Community Bankers Council and the Texas Banker Association’s Government Relations Council, past board member of the Texas Bankers Association, chairman of the Memorial Health Center of East Texas Board of Directors, and a trustee of the TLL Temple Foundation and the Fairchild Foundation. Shands received a bachelor’s degree from the University of Texas and is a graduate of the Southwestern Graduate School of Banking.