Industry Vet Joined Arvest as a Part-Time Teller

TULSA, Okla. (Feb. 9, 2015) –Steven Plaisance has taken over the role of CEO for both Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank, it was announced today.

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Plaisance became President and COO for Arvest Mortgage Co. (AMC) and Central Mortgage Company (CMC) in March 2012, and will retain the role of president for both.

Plaisance began his career with Arvest as a part-time teller in Rogers, Ark., in 1989. He joined AMC in 1991 and has held a variety of leadership positions since 1996. Plaisance is an active 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.

“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.”

Steven Plaisance

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,” said Plaisance, who will report to Arvest Bank COO Phil Porter.

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.