Bill McFarland

Bill McFarland
Conversion Project Manager / Senior Contract Negotiator

Office: (704) 663-2544
Mobile: (512) 632-8311

Bill brings more than 35 years in the financial services industry to his role at Vitex.  As a line manager building high-performance operational teams and as a management integrating diverse functional areas, he has managed numerous mission-critical functions and directed extremely complex special projects using a commanding operational knowledge of financial systems and procedures.  Bill has extensive C-level management experience in conversion project management, bank and credit union operations, information technology, benchmarking and process improvement, profitability enhancement, organizational development, and mergers and acquisitions.  He is an expert in the use of technology to provide effective solutions in financial organizations.

Bill has directed more than 150 system conversions and consolidations, managed scores of system selection engagements and negotiated countless core and ancillary system contracts with major vendors.  Bill has practical experience managing all financial institution operational functions, including deposit operations, loan operations, accounting, information technology, program and project management, product development, human resources, branch administration, electronic banking, Internet banking and bill payment, quality assurance, purchasing, and security and compliance.

Before joining Vitex, Bill was president of a regional contracting firm.  Prior to that, he served as Managing Director and practice manager with national contracting firms specializing in financial institutions, providing unique custom management reporting and top-tier executive communications.  He has held executive level operations and technology positions with several Texas banks.

As an expert contract negotiator specialist Bill also served as interim Chief Operations Officer for a $1 billion rapidly-growing community bank, renegotiating the core system contract to reduce costs and include a new CRM system which saved the bank over $1 million over the subsequent 5 years.  He then led the project successfully implementing the CRM system.  Bill also managed a core system selection and conversion engagement for a large DFW-area credit union, negotiating contracts for the new core and 13 new ancillary systems and then successfully managing implementation of all 14 systems over a single 3-day weekend.

Bill graduated from the University of Texas at Austin with a BBA in Finance and attended the Stonier Graduate School of Banking.