Plaisance assumes CEO role at Arvest Mortgage

by The City Wire staff ([email protected]) 213 views 

Steven Plaisance has taken over the role of CEO for Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank according to a release from the bank on Monday (Feb. 9).

Plaisance became president and chief operating officer for Arvest Mortgage Co. (AMC) and Central Mortgage Company (CMC) in March 2012, and will retain the role of president in addition to his new title. He will report to Arvest Bank chief operating officer Phil Porter. 

He began his career with Arvest as a part-time teller in Rogers in 1989 and joined AMC in 1991 holding a variety of leadership positions since 1996. Plaisance is a member of the Mortgage Bankers Association, a national group that represents the entire real estate finance industry, and other industry associations. He is a two-time president of the Oklahoma Mortgage Bankers Association.

AMC and CMC, which have locations in Arkansas and Oklahoma, regularly originate $1 billion-plus in mortgage loans annually, and currently service a combined $38 billion in mortgage loans.

“I am excited about the opportunity to lead our talented mortgage team into the future. Arvest is dedicated to serving mortgage customers through originations and servicing, and I look forward to continuing the many good things we have done in these areas.” Plaisance noted in the release.

Plaisance earned a bachelor’s degree in business administration from the University of Arkansas. He’s also a 1998 graduate of the Mortgage Bankers Association Future Leaders Program. He and his wife, Katy, live in Tulsa and have three sons.