Guaranty CEO becomes Missouri Bankers Association chairman

Shaun Burke takes the helm of the Missouri Bankers Association Board of Directors.

The Missouri Bankers Association this month installed Guaranty Bank President and CEO Shaun Burke as its next chairman.

Burke was elected as chairman during the MBA’s 28th annual convention held June 13-15 in Osage Beach, according to a news release sent to Springfield Business Journal this morning.

Named chairman-elect of the organization a year earlier, Burke will serve a one-year term as chairman. He’ll oversee and direct the MBA Board of Directors and work as liaison between the organization’s members and elected officials at the state and national levels.

Burke pointed to the recently passed Economic Growth, Regulatory Relief and Consumer Protection Act as an example of progress on the national level.

“Because of recent congressional actions in Washington, D.C., the regulatory relief measure passed by Congress enables community banks to better assist their customers with their financial goals of owning a home, sending their children to college or expanding their business. This increases economic growth in communities throughout Missouri,” Burke said in the release.

On May 24, President Donald Trump signed the legislation that overhauls the Dodd-Frank Wall Street Reform and Consumer Protection Act by reducing regulations for smaller banks.

During the convention this month, MBA leaders elected Anne Vieira, senior vice president of Saints Avenue Bank in New London, to succeed Burke as board chairperson, according to the release.

A handful of other local bankers were elected to board positions. They are:
    •    John Everett, Legacy Bank and Trust, Legislative Affairs Committee chairman;
    •    Steve Fox, U.S. Bank, at-large director;
    •    Mark Harrington, Old Missouri Bank, Ozark regional director; and
    •    Russ Marquart, Central Bank of the Ozarks, at-large director.

The MBA represents more than 270 banks and savings and loans institutions statewide, according to the release.