Victor R. Pierson, a prominent figure in Galveston’s banking sector, has been elected to the Federal Reserve Bank of Dallas’ board of directors by its member banks. His three-year term will conclude on December 31, 2027. In this capacity, Pierson will offer insights into regional economic conditions, contributing to the Federal Reserve’s monetary policy decisions.
Pierson serves as chairman, president, and CEO of Moody National Bank, one of Texas’ oldest and largest privately owned banks. Since joining Moody Bank in 1985 as executive vice president and chief credit officer, he has been instrumental in the bank’s growth and was appointed to his current leadership role in 2002. His prior experience includes a tenure as credit manager at First Wichita National Bank in Wichita Falls, Texas.
Mike is a business writer who is passionate about helping people make sense of the numbers that drive markets. Mike brings clear insights to readers navigating their financial interests with articles that blend analysis with a down-to-earth perspective. When he’s not working, Mike enjoys spending time with his family and his two pugs.