Arvest Bank announced that Matt Kendall has been appointed President and CEO of Arvest’s mortgage division and Arvest Central Mortgage Company, a position he has held on an interim basis since February.
Kendall has 28 years of industry experience including serving as President and CEO of Waco Title Company and Executive Director of Administrative Operations for Arvest’s mortgage division.
In his new role, Kendall will be responsible for leading management teams and operations for Arvest’s mortgage division and Arvest Central Mortgage Company.
“Matt kindly took on the interim leadership and we have made great strides since then on a number of our key initiatives,” said Matt Make, Regional Executive, Enhanced Banking Services, Arvest. “We are confident that under his continued leadership we will maintain the positive momentum his team has created and position ourselves for future success.”
Arvest’s mortgage division is well on its way to lending more than $ 3 billion in mortgages for the second year in a row and is currently servicing more than 77,000 loans for more than $ 10 billion. Arvest Central Mortgage Company offers over $ 56 billion worth of mortgages to more than 270,000 customers.
Kendall earned a bachelor’s degree in economics with a major in accounting from Hendrix College. He is a board member of the Teen Action Support Center and the JMC Innovation Scholars and, among other things, is the past president of the board of the Open Avenues Foundation.
Kendall and his wife Rebecca have two sons.