Scott promoted to CEO at Farmers Bank

On September 20, the Board of Directors of Farmers Bank & Trust announced that Randy Scott has been promoted from President and Chief Operating Officer to President and Chief Executive Officer, effective October 1.

In making the announcement, the bank board also announced that Steve Bell will continue to serve as Chairman of the Board of Farmers Bank, and will join the bank ownership’s Lawrence Banking Group, which oversees seven banking operations owned by Gaylon Lawrence, Jr.

The Farmers Bank & Trust Board of Directors enthusiastically stated that, “For more than 12 years as President and Chief Operating Officer, working closely with our board, Randy has led our bank to be recognized annually as one of the top performing banks in Arkansas, and in the nation. We know the time is right to officially name him as Chief Executive Officer. We are very proud of Randy, and excited for the people of Arkansas, because we know the brand of quality, professional customer service and dedicated leadership that Randy will continue to bring to our bank, and to our community.”

Scott commented that, “I am honored by the faith our Board of Directors has expressed in me, and I am grateful for their constant support and encouragement. I now have an even greater opportunity to serve our great state, our valued customers, and our outstanding bank staff. Since I grew up in Southeast Missouri, I think of myself as a ‘Homegrown Banker,’ and I love working where my roots are. Farmers Bank & Trust is the perfect place for me, and for my family. Our bank is so deeply rooted, and so dedicated to this community; there is no place I’d rather be!”

Scott, recently appointed by the Governor to the State Banking Board, also serves on the Board of Trustees at Arkansas Northeastern College.

Among his many areas of local community service, Randy has been on the Board of Directors of the Greater Blytheville Area Chamber of Commerce, the Chamber’s Executive Committee, and has served as President of the organization. Randy currently serves as Chairman of the Great River Economic Development. He has also been actively involved in youth baseball with the Blytheville Baseball Softball Boosters Club.

His education includes a degree from Southeast Missouri State University, with a major in Finance and Accounting, and he is a graduate of the Graduate School of Banking at Colorado. Randy Scott has been in banking for 27 years, the last 17 with Farmers Bank & Trust. He and his wife Susie are the parents of two children, Lauren and Andrew.