Tom Sellers Elected Chairman of IBAT Services Inc.
AUSTIN, TX— The Independent Bankers Association of Texas (IBAT) is proud to announce that Tom Sellers, president and chief executive officer of Alliance Bank in Sulphur Springs, now serves as chairman-elect of the IBAT board for 2020–21. He officially accepted this position during the association’s 46th annual convention held via a virtual format in October 2020. As a part of this role, Sellers will also serve as chairman of the IBAT Services board of directors effective December 2020.
With a banking career that spans 42 years, Sellers has served Sulphur Springs and the surrounding community at Alliance Bank for 32 years. He has been in his current role leading the bank for 16 years.
Prior to his time at Alliance Bank, he was a county supervisor at the Farmers Home Administration and vice president/senior leading officer at the Federal Land Bank at Tyler. Sellers has given to the community banking industry for years, serving as chairman of the IBAT Education Foundation, as well as being a member of the IBAT board and executive committee. He is also on the federal delegate board for the Independent Community Bankers of America.
He is extremely active in his community, currently serving as president of the Sulphur Springs Economic Development Corporation, a board member for CHRISTUS Hopkins Health Alliance and lay leader for First United Methodist Church. Previously, he was president of the Sulphur Springs ISD board of trustees, Texas Tech Alumni Association national board, Rotary Club of Sulphur Springs and the NETSEO Trails Council for the Boy Scouts of America.
Sellers received a Bachelor of Science degree in agricultural education from Texas Tech University and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University. Married to wife Pam, they have two grown children and two grandchildren. In his personal time, he enjoys being with his grandchildren and watching Texas Tech University sports.
Incorporated in 1984, IBAT Services is a subsidiary of IBAT formed to market the association’s endorsements. As delegated by the IBAT board, IBAT Services identifies and reviews products, services and providers that assist member banks in maintaining their competitive position in the marketplace. In his role as IBAT Services board chairman, Sellers will lead this process, which will help prepare him for his role as IBAT board chairman in 2021-22.
Austin-based IBAT represents more than 2,000 independent banks and branches in 700 Texas communities. Additional information about the new board of directors can be found at www.ibat.org.