Encore Bank Announces James Klingman as Austin Market President
LITTLE ROCK, Ark. (Feb. 9, 2022) – Encore Bank is pleased to announce James Klingman has been named executive vice president and market president for Austin, Texas.
“I am absolutely thrilled to join the Encore team, and I look forward to helping the bank grow its presence in Central Texas," said Klingman. "I am impressed with Encore's authentic client-first mentality, its innovative approach to banking and its fun, collaborative work culture. I am excited to be a part of the Encore journey.”
Klingman replaces Allan Rayson, who has served a dual role in recent months as the market president for Austin and the bank's chief innovation officer. With Klingman on board to lead the Austin team, Rayson will now focus on leading Encore's innovation efforts – a role that has grown substantially over the past several months due to the bank’s rapid growth.
Klingman started his banking career in finance at the age of 18 and has worked for some of the top financial companies in America, including Wells Fargo, US Bank and JP Morgan Chase. In 2017 James was a key member in bringing Vista Bank to the Austin market. In addition to his experience in Austin, James has worked in the major metropolitan markets of Sacramento, Calif. and Las Vegas. With vast knowledge in banking, finance and commercial real estate, which extends more than 20 years, James has serviced large and small corporations, individual investors, entrepreneurs, professionals, start-up businesses and venture capital with their financial needs.
“We could not be more excited to welcome James to Encore,” said Phillip Jett, Encore’s chief banking officer. “He is an innovative and resourceful banking professional with extensive experience and a gift for cultivating strong relationships with clients. I am confident James will lead our Austin team to even greater success into the future.”
Encore Bank entered the Austin market in October of 2020 and officially opened their Austin branch in September of 2021. The office, which is also home of Encore’s innovation hub, is located inside The Independent in downtown Austin at 301 West Ave., Suite 120.
About Encore Bank
Founded in 1997 as The Capital Bank but rebranded as Encore Bank in 2019 after a change in leadership, Encore Bank is one of the fastest growing banks in the country. Encore Bank is a private, boutique bank with a commercial focus that couples highly experienced and talented bankers with innovative technology to offer unprecedented levels of personal service and experiences to its clients through a hospitality-inspired concierge approach. Encore Bank provides a full suite of financial products and services to businesses, business owners, professionals, their families and contacts with purpose, passion and precision. Headquartered in Little Rock, Ark., Encore Bank currently operates in 16 markets across seven states. As of Jan. 31, 2021, Encore Bank had $1.63 billion in total assets. Additional information about Encore Bank can be found at www.bankencore.com.