After a successful 25 years at North Dallas Bank & Trust Co. (NDBT), W. Michael Shipman has officially retired as chairman of the board and chief executive officer. Within the last quarter-century, Shipman has distinguished himself as a fearless leader, a champion of our core values, and a catalyst for innovation within the banking industry.
From the beginning, Shipman has approached his career with a “never stop learning” attitude. His education includes a bachelor’s degree in finance from Texas Tech University. He’s also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University, the Executive Development program at Texas Christian University’s School of Business, and Texas Tech University’s Intermediate School of Banking.
Shipman has had a standout 48-year career in banking, previously serving as president and CEO of two other banks. After making his way to NDBT in 1996, Shipman immediately identified with our company culture – and as the digital age steadfastly progressed, Shipman led us forward in adapting to the latest technologies without compromising our character and principles.
Today, NDBT has grown into one of North Texas’ largest independent banks, with more than $1.5 billion in assets, five banking centers, and 157 employees. Under Shipman’s leadership, we’ve been recognized as the only bank headquartered in Dallas to have received a 5-star Best of Bauer superior rating from BauerFinancial for 30+ consecutive years. By staying true to our core values, Shipman has led us to become a staple for authentic banking solutions and the premier choice for businesses, entrepreneurs, and goal-minded families.
We look forward to a seamless transition into new leadership under NDBT’s current president, Larry Miller – who will succeed Shipman as CEO on April 1, 2021 – and we’re confident that Shipman’s influence will carry into the years ahead. We’re eager and excited to embark on a new chapter under Miller’s guidance, yet we will never forget the legacy set forth by Shipman’s 25 years of dedicated service – and for that, we say, “thank you.”