RSB elects Riggs as new board member

November 10, 2010

John Jay, president of Roscoe State Bank (left), is shown with the bank's newest board member, Jerry Riggs of Sweetwater. Riggs was elected to serve on the board of directors for the bank on Tuesday. They are shown in the lobby area of their main branch in Roscoe.

Jerry Riggs was elected to serve on the Roscoe State Bank board of directors on Tuesday.
President of the bank, John Jay, said Riggs has been a long-time customer of the bank and a valued friend of his. In addition, Jay described him as a business supporter of the bank who took care of accounting and bookkeeping for the bank as a CPA until he retired a few years ago.
“Jerry believes in the strategic direction of our bank,” Jay said. “I look forward to working with him and his part in our future successes.”
Riggs grew up in Roscoe and has lived in Nolan County most of his life. He began his career as a CPA in Sweetwater in 1972 and started Riggs and Wooten in 1976. His children attended and graduated from Sweetwater High School.
Riggs is known for his role as president of the Nolan County Foundation. He is also a member of Rotary, Abilene Christian University Alumni Board and serves as an elder and bible class teacher at Fourth and Elm Church of Christ.
In the past, Riggs has also directed the Sweetwater Industrial Foundation, Nolan County United Way fund drive, West Texas Girl Scout Council and Rolling Plains Memorial Hospital Foundation. He is also a past director of the Sweetwater Chamber of Commerce and board of directors for the hospital.
Riggs actually served as a member of the board for Roscoe State Bank in the late 1980s but took a break from it due to family busyness.
Riggs said he is happy to serve the bank in this capacity again. “With the current banking situation, it is remarkable that Roscoe State Bank has grown and maintained the security of its deposits and assets,” he said. “And they do it with good, quality people and business ethic.”
He and Jay pointed out that Roscoe State Bank has doubled in size the last six years. In addition to their Roscoe location, they opened up a Sweetwater location in 1996 and a third location in Bastrop in 2004.
“We plan to continue on that growth track,” Jay said.

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