GALVESTON, TEXAS – Moody Bank is proud to share that its President and CEO, Victor R. Pierson, has been elected to the board of directors of the Federal Reserve Bank of Dallas by its member banks. Pierson, a Galveston resident, will serve a three-year term ending on December 31, 2027.
In his role as a Dallas Fed board member, Pierson will contribute valuable insights on regional economic conditions, supporting the Federal Reserve’s mission to make informed monetary policy decisions. His election to this esteemed position underscores his extensive expertise and deep commitment to advancing the financial well-being of communities in Texas and beyond.
Pierson has been a dedicated leader at Moody Bank since joining in 1985 as Executive Vice President and Chief Credit Officer, later advancing to his current role in 2002. Over nearly four decades, he has played a pivotal role in Moody Bank's growth and success, fostering a legacy of service and leadership.
Beyond his work with Moody Bank, Pierson is actively involved in numerous organizations that drive community and educational advancement. He is the Chairman of the Galveston Wharves at the Port of Galveston and a trustee for the Southern Methodist University SW Graduate School of Banking Foundation. Additionally, he serves on several advisory boards, including Texas A&M University’s Mays Business School Commercial Banking Program, Texas Tech University’s Rawls Business School Commercial Banking Program, and Texas A&M University at Galveston Board of Visitors executive advisory board.
A graduate of Midwestern State University, Pierson holds both a BBA in Economics and an MBA in Finance, laying a strong academic foundation for his distinguished career in banking.
The board of directors at each Federal Reserve Bank consists of nine members, representing commercial banks, the public, and appointees of the Federal Reserve Board of Governors in Washington, D.C. Pierson's appointment reflects his extensive expertise and the high regard he holds within the industry.
