Vice Chairman and Managing Director

Jerry L. Schwallier has over 40 years of experience in the financial services industry having served in numerous executive leadership roles throughout his career. He has focused on advising privately owned middle-market and emerging growth companies in the areas of financial analysis, debt restructuring, strategic planning, and management succession challenges.

Mr. Schwallier most recently held the positions of Chairman of the Board of Directors and the Advisory Board of Arizona Bank & Trust (“ABT”) and is currently a Board Member. From 2010 to December 2018, Jerry served as President & CEO of the bank. ABT is comprised of seven branches in the state of Arizona and holds total assets in excess of $650 million. ABT is an affiliate of Heartland Financial USA, Inc. (NASDAQ: HTLF).

Jerry began his banking career with American National Holding Company in Kalamazoo, MI. He later held executive positions as President & CEO of several Bank One (JP Morgan/Chase) affiliates. Mr. Schwallier was also President & CEO of the Private Financial Services Group of Marquette Financial Companies, Minneapolis, MN; President of Meridian Capital Bank, Milwaukee, WI; CEO of Southport Bank, Kenosha, WI; and President & COO of Stearns Bank of Arizona.

He has been active in many professional and community organizations including the Rotary Club of Scottsdale. He recently served on the Board of Directors for the Scottsdale Chamber of Commerce and was Chairman of SCOTT (Scottsdale Coalition for Today and Tomorrow). Jerry is a member of the Arizona Association of Mergers & Acquisitions, the Exit Planning Institute and has previously served as a member for the Association for Corporate Growth.

Mr. Schwallier served in the United States Army and is a Vietnam War Veteran. He earned a Bachelor of Business Administration in Management and a Master of Business Administration in Finance at Western Michigan University, and graduated Stonier Graduate School of Banking, Rutgers University.