Generations Bank appoints Penzo, Harrell to C-Suite roles

by Paul Gatling ([email protected]) 2,549 views 

Bryant Penzo, left, and Max Harrell.

Rogers-based Generations Bank announced appointments for two new company positions Wednesday (July 12).

Bryant Penzo is now chief strategy officer, and Max Harrell is chief growth officer.

“This is an exciting time in our history as a well-capitalized bank with strong growth,” Chairman and CEO Jon Harrell said in a news release. “Promoting two outstanding team members to newly created roles leading growth and strategy strengthens our focus on initiatives that will continue to help our customers and communities thrive.”

Penzo, 30, graduated from the University of Arkansas’ Sam Walton College of Business in 2015 with a bachelor’s degree in retail with a concentration in accounting and a minor in management. He was selected for the Arkansas Bankers Association and Walton College Executive Education’s inaugural Leadership in Banking Academy. He joined Generations Bank in 2020 as marketing director and, most recently, was the bank’s vice president, director of people and culture.

“I’ve had the opportunity to grow personally and professionally with each new endeavor at the bank, so it is truly an honor and a joy to be able to serve our team in this new capacity,” Penzo said. “I look forward to implementing new strategic initiatives that will propel Generations Bank into another 116 years of serving our local communities while encouraging our team to live out our core values.”

Harrell, 27, joined Generations Bank in 2014. He has served in various business and corporate banking roles, most recently as Rogers Market President. Harrell is a 2018 University of Arkansas Sam Walton College of Business graduate, obtaining his bachelor’s degree in finance with a banking concentration. He participated in the Walton College Inaugural Cohort of Leadership Circle for Banking and Finance professionals in 2020. He is currently attending the Graduate School of Banking in Colorado.

“Generations Bank is well respected in our communities as a leading community bank,” he said. “As we go forward, we’ll continue to adapt, thrive, and remain laser-focused not only on our growth as an organization but also as a contributing and invested member of our local communities.”

Generations Bank has approximately 130 employees, 10 Arkansas locations and one in Missouri. According to the FDIC, the bank had $831.5 million in assets as of March 31. That’s up from $743.4 million (11.8%) compared with the same date in 2022.