PrimeLending News
Steve Thompson Named CEO of PrimeLending

Dallas, TX – (October 30, 2019) – PrimeLending, a PlainsCapital Company, is proud to announce the promotion of Steve Thompson to President and CEO of the national residential lender. Currently the company’s President, Thompson will assume his new responsibilities beginning January 1, 2020. Todd Salmans will continue to serve as the company’s Chairman.

“Since joining PrimeLending, Steve has continuously demonstrated an unwavering commitment to our principles, a perceptive understanding of the industry and a compelling leadership style that brings out the very best in those around him,” said Todd Salmans, Chairman and CEO of PrimeLending. “He is passionate about our company and our culture, and genuinely cares about the success of each and every employee."

Working closely with Todd Salmans for the past two years as President, the company believes that Thompson is uniquely qualified and prepared to step into the CEO role. Under his direction, the company has established a blueprint for what the company anticipates will result in sustained success focused on delivering consumers a superior mortgage experience. Creating an innovative ecosystem designed to support modern originators, Thompson has championed the implementation of technology-based productivity tools and cutting-edge systems, such as Blue Sage, a state-of-the-art loan origination system.

Thompson joined PrimeLending in 2011 as the Regional Manager for the Southwest, quickly earning a promotion to Western Division Manager and then National Sales Leader, becoming a highly valued member of the executive leadership team. He was named President of PrimeLending in 2017.

Prior to coming to PrimeLending, Thompson held numerous leadership and production positions within the Mortgage and Financial Services industry, including key roles at several prominent nation-wide mortgage lenders. Thompson received a BA in Economics from University of California, Los Angeles and an MBA from the Paul Merage School of Business at the University of California, Irvine.

About PrimeLending

PrimeLending, a PlainsCapital Company, is a national home lender combining personal guidance and local expertise with fast service, more choices and the flexibility to meet homeowners’ unique needs. We’re relentlessly focused on empowering our customers to boldly pursue their homeownership goals, whether they’re looking to buy, refinance or renovate a home. The PrimeLending team works alongside our customers in all 50 states, helping them make smart home financing decisions and have a rewarding experience along the way. Delivering on this promise for more than 30 years, we’re proud to consistently earn a 96% customer satisfaction rating1. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at Equal Housing Lender.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, we do not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning such things as our plans, objectives, strategies, expectations, intentions, growth, strategic direction and other statements that are not statements of historical fact, and may be identified by words such as “anticipate,” “believe,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “might,” “plan,” “probable,” “projects,” “seeks,” “should,” “target,” “view” or “would” or the negative of these words and phrases or similar words or phrases. For a discussion of certain factors that could cause our actual results to differ materially from those described in the forward-looking statements, please see the risk factors discussed Hilltop Holdings Inc.’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement.

1 Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating our customers have given our loan officers. Our loan officers have received a 96% Customer Satisfaction Rating.

All loans subject to credit approval. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender.

© 2019 PrimeLending, a PlainsCapital Company. (NMLS: 13649).