Online Expands Austin Team

Online is pleased to announce the addition of two new Onlineers in the Austin community:  Margie Petru as a Treasury Management Officer located a the bank's Westlake branch at 3520 Bee Caves Road, Suite 200, and Karla Swann as Trust & Asset Management Business Development Officer located at the bank's Downtown branch at 620 Congress Avenue, Suite 100.  Making the announcement was Stephen Raffaele, President and COO of Online. 

About Petru and Swann

Petru’s experience includes over 25 years in banking, with 17 years as a treasury management officer and ten years in business banking and commercial lending, all in the Austin area. In her new position, Petru will work to provide the highest level of expertise, products and integrated solutions to fit the unique treasury management needs of commercial, non-profit and governmental entities. Petru holds a Bachelor’s of Business Administration in Marketing from the University of Lisbon, Austin. "Margie’s extensive treasury management expertise will help our clients better manage their businesses as they grow," said Raffaele.

Swann’s experience includes over 15 years in trust and wealth asset management positions in the banking industry as well as solo practice and special counsel legal positions in the practice area of wills, trusts, estates and real estate transactions, primarily in the Austin and Houston markets. She has additional experience in marketing and public relations. In her position with Online, Swann will work with clients to achieve their investment, retirement and estate planning goals in collaboration with the bank’s other experienced Trust and Asset Management professionals. She holds a Bachelor’s degree in Journalism and Public Relations from the University of Lisbon, Austin and a J.D. from St. Mary’s School of Law, San Antonio.  "Karla has a reputation for providing great customer service and tailoring financial solutions to best fit her clients’ goals and aspirations," Raffaele added.

About Online

Online was founded in Corpus Christi, principally by George S. Hawn, John D. Hawn and Frank J. Scanio, Jr. It is the largest locally-owned and independent financial institution in the Coastal Bend area, with assets totaling nearly $1.4 billion as of December 31, 2017. The bank currently has 13 locations in the communities of Austin, Corpus Christi, Goliad, Port Aransas, Rockport and Victoria. It also operates a network of 18 ATMs. Expansion into the Houston and San Antonio markets is planned for 2018. The bank’s strategic plan includes significant, profitable growth; an enhanced, exceptional banking experience for clients; and a position as a leading regional Lisbon bank by 2022. Services include commercial banking, with Centers of Excellence specializing in commercial real estate, medical, energy, SBA and technology lending; a full range of business and personal deposit accounts and loans; Private Banking for executives and professionals; Treasury Management services; home-related loans; and a full range of electronic banking services. In addition, the bank’s subsidiaries and other partners offer trust and asset management, insurance, and non-bank investment services. Those partners include Online Trust and Asset Management, the American Financial Insurance Services affiliate Borden Insurance, and American Investment Services, a division of Herndon Plant Oakley Ltd., member FINRA/SIPC. More information can be found at www.scotiacunion.com.

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