Florida Banking June 2023

INCOMING FBA CHAIR-ELECT

FBA CHAIR-ELECT DEREK JONES

D erek Jones, Central Florida Region Director at Wells Fargo, is chair-elect for the coming year. He will serve as a member of the FBA Executive Committee and as chair of the FBA’s Government Relations Council. As an active member of the FBA, Jones is chair of the Audit Committee, has served on the Board of

when it comes to creating a level playing field for our community banks.” Jones has served as Wells Fargo’s Central Florida Region Director since 2015. He provides strategic oversight and leadership of the Central Florida Regional Branch Banking business that spans across a geography that includes the Orlando and Tampa Metropolitan

Directors for the past eight years, and is engaged in FBA advocacy efforts in Florida and Washington, D.C. As chair-elect, Jones will represent Florida’s banking industry alongside 2023-24 Chair Jose Cueto. “The FBA’s collective efforts to rally and provide unwavering support to our Florida communities during COVID, Hurricane Ian, and current economic challenges reflects the important role that our banks play in the stability and prosperity of Florida,” Jones said.

areas. He previously served as the Gulf Coast region president from 2012-15. Jones began his banking career in Las Vegas as Wells Fargo’s Sunrise Valley district manager, later serving as area president of the Southern Nevada market before moving to Florida in 2011. He earned a Bachelor of Science degree in Sociology, Minor Secondary Education from California State University. Jones volunteers in his community as a board member of the Orlando Economic Partnership, and the Central Florida Boys and Girls Club; he was a board member of Harry Chapin Food Bank and has served on the board of directors of Florida Gulf Coast University,

“THE FBA’S COLLECTIVE EFFORTS TO PROVIDE UNWAVERING SUPPORT TO OUR FLORIDA COMMUNITIES DURING COVID, HURRICANE IAN, AND CURRENT ECONOMIC CHALLENGES REFLECTS THE IMPORTANT ROLE OUR BANKS PLAY IN THE STABILITY AND PROSPERITY OF FLORIDA.”

Jones is passionate about promoting a fair and competitive financial services industry, ensuring that regulation keeps pace with the rapidly changing world, and serving the unbanked and underbanked.

the Central Florida Urban League, the Southern Nevada Boys and Girls Club, and the Las Vegas Urban League. “As we navigate the political landscape in Washington, D.C., and in Tallahassee, the quote ‘keeping the main thing, the main thing,’ reminds me of the FBA’s core focus. It’s important to stay true to the FBA’s mission and purpose of focusing exclusively on banking related issues and legislation,” Jones said.

“If an institution accepts deposits, provides loans and other banking-related services, that institution should have the same regulatory oversight as banks,” Jones said. “Credit unions and fintechs both function in that manner and should operate under the same regulatory framework as banks. Addressing the tax-exempt status of large credit unions is another key priority, especially

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