Colonial of Fort Worth, Texas, announced that Richard Harvey has been named chief compliance officer.

Harvey brings to the company more than 25 years of experience in building bank compliance infrastructure.

In his new position, he will be responsible for further development and maintenance of compliance processes related to state and federal law for Colonial's numerous business lines.

Harvey was most recently chief compliance officer and general counsel for Omney Inc. in California.

He has served as trial attorney for the Office of Thrift Supervision and as former chair of the American Bankers Association Compliance Executive Committee.

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