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23.11.2005 13:32:00

Richard Driscoll Named to Board of America's Community Bankers

ARLINGTON, Texas, Nov. 23 /PRNewswire/ -- Richard Driscoll, chairman and CEO, Southwest Securities Bank, Arlington, Texas, has been elected to a three- year term on the board of directors of America's Community Bankers, the national trade group for community banks. ACB is shaping the future of community banking by promoting the commitment community banks have to their customers and communities.

ACB's board of directors is the trade association's governing body. The board also sets ACB's legislative and regulatory policy agenda, and board members play a critical role in carrying ACB's government relations message to Capitol Hill and the federal regulatory agencies.

Board members play important roles in serving as spokespersons for the banking industry, assisting in recruiting community banks to become members of ACB and raising political contributions for use in supporting federal candidates for Congress.

Each board member represents the interests of community banks located in his or her state and region. Since ACB is a member driven organization, ACB board members are integral to representing the views of their fellow community bankers on public policy issues and on products and services to help them better compete.

"I am honored to be such an integral part of this community banking association," said Driscoll. "It's an opportunity to share with, as well as learn from, other organizations on how community banks can better serve their members and customers."

Southwest Securities Bank, a member of SWS Group, Inc. , has been a part of banking in Arlington since 1986. Southwest Securities Bank offers a broad range of banking services including interim construction lending, commercial and consumer lending, factoring of commercial accounts receivable, single family permanent loans, mortgage company purchase loans, secondary investments loan purchasing and a full array of community and banking services.

This release contains forward-looking statements regarding the company's future overall performance. Readers are cautioned that any forward-looking statements, including those predicting or forecasting future events or results, which depend on future events for their accuracy, embody projections or assumptions, or express the intent, belief or current expectations of the company or management, are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially as a result of various factors, some of which are out of our control, including, but not limited to those factors discussed in our Annual Report on Form 10-K and in our other reports filed with and available from the Securities and Exchange Commission.

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