After jobs as a teller and as a part time accountant while in college, Derek started at UMB Bank, as a Commercial Credit Analyst in June 2001. December of that year he transferred to the Financial Services Group in the Investment Banking Division acting as liaison and technical expert between investment banking institutional sales staff, correspondent bank clients, and regulatory agencies regarding asset/liability management, accounting, investment, and regulatory issues. Derek worked with the Investment Banking Division’s 1,200 plus bank clients in developing asset/liability management policies, systems, and strategies. Additionally, he provided investment portfolio analytical services to over 1,000 financial institution customers annually and provided asset/liability management analytical services to over 250 financial institution customers annually.
Eventually, he was asked to be Assistant Treasurer of UMB Financial, where Derek built and maintained the Funds Transfer pricing process and was responsible for monthly ALCO reporting, including interest rate risk, economic value of equity, and special simulations and budget projections, as well as position reporting and forecasting.
Derek left UMB in October 2008 to take a position as Treasurer of Guaranty Bank, where he ran the ALCO Committee. Derek was also responsible for deposit pricing, financial modeling, capital planning and liquidity management, he also implemented and maintained customer level profitability reporting, Funds Transfer Pricing, and managed a $100+ million bond portfolio. Following Guaranty, Derek moved to the lending side, becoming a VP of Commercial Banking with BancorpSouth. There, Derek developed, underwrote, and managed millions in client relationships over the course of three years.
In August 2017, Derek became President and CEO of Systematic Savings Bank.
Derek has a B.S. in Finance from Missouri State University and an MBA from Rockhurst University. He is a graduate of Leadership Springfield, a recipient of the 2011 40 under 40 award, and a recipient of the 2015 Trusted Advisor Award, as well as a board member of many local organizations.
Terri McFarland began her banking career in July 2000 as a teller. Terri wanted to know everything there was to know about the banking world and volunteered for any additional duties she might do to gain a vast knowledge within different departments of the bank. Within a few years of her career, a management position opened in which she applied. The Management team of the bank was afraid she was not ready but gave her the opportunity.
In 2006 Terri accepted a position at a Springfield area Bank as Branch Coordination and later became the Chief Operations Officer. In her position there, she played a role in the turn around and profitability of that bank.
Terri has been Senior Vice President, Chief Operations Officer of Systematic Savings Bank since July 2014. Her primary responsibilities include all daily operations including but not limited to Managing and Working Retail Deposit Operations, Human Resources Director, Bank Secrecy Compliance and Coffee Critic. Her greatest joy in her current position is being able to work with a small bank that has the ability to see every customer that walks through the door. On any given day she may be found working the teller line, opening new accounts or answering the phone. Having the ability for her customers to have a one-stop-shop for any of their banking needs is very satisfying.
One of Terri’s proudest accomplishments was being voted employee of the year by her peers on two occasions. Terri has a great desire to assist in the development of other employees that wish to advance in their careers. Throughout Terri’s career she has been part of many Chamber Committees as well as Charitable organizations. Terri continues her banking education through Missouri Bankers Association.
Allison Carson joined Systematic Savings Bank in 2017, and has over 17 years of experience in the financial industry including banking, lending and management. Allison’s eye for detail and desire to make systems, processes and people work as effectively and efficiently as possible makes her a natural fit for compliance. She is a native of the Springfield area and has served on the Board of Adjustments for the City of Rogersville since 2008, as well as participating in many community volunteerism activities.
Weaver has more than 40 years of experience in banking, more than 30 of which have been in southwest Missouri, most recently as Chairman and CEO of First Bancshares, Inc and the wholly owned bank subsidiary, First Home Bank in Mountain Grove, Missouri. Prior to FBSI and FHB he served as Senior Vice President commercial lending at BancorpSouth Bank in Springfield, Mo. He previously held positions of increasing responsibility at Mid Missouri Bancshares, where he became president and CEO, and at UMB Financial Corp., where he held the position of CEO with two community banks before holding the office of Regional President of UMB Bank n.a.
In addition to his many years of experience within all areas of banking, Weaver has developed his extensive professional knowledge through the Colorado Graduate School of Banking, Kansas State School of Agricultural Banking and the Oklahoma Commercial Lending School.
Community involvement as a current board member of Abilities First, The Greene County Resource Board for People with Developmental Disabilities and formerly a member of the Advisory Board at Breech School of Business at Drury University and various other boards and community committees.