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2021Featured Capitalists

Humble Beginnings

February 2021

Written by Emily Glaser  |  Photos by Evan Anderson 


HomeTrust Bank Stays True to Its Roots, Even in Multi-State Growth

Dana Stonestreet attends every new employee orientation of HomeTrust Bank, and with a growing staff of some 580 team members —from commercial bankers to technology engineers to tellers—it’s quite a feat, especially considering his title. “I always go to orientation, talk to all of our new people, share our history, and review the values and culture of the bank,” says the chairman and CEO of the bank. We’re speaking in the age of COVID-19, and therefore remotely, but as he flips through the slides of a presentation, it’s still easy to envision him in the role of orientation speaker: With a soft-spoken and leisurely West Virginia lilt and eyes that shine behind modish round frames, his participation in each orientation feels indicative of both his involvement in the company and his sentiment for it. 

It’s a sentiment that runs deep, and Stonestreet speaks frequently of the company’s values and his intentional cultivation of them, values that sound almost old-fashioned in their wholesomeness: trust and integrity, teamwork, personal responsibility. And while some may dismiss these kinds of priorities as new age hogwash and claim that success comes from ruthless hard work alone, Stonestreet and HomeTrust are evidence to the contrary. Since he joined the company, then Clyde Savings Bank, in 1989, the bank has grown its assets from $225 million to $3.7 billion and its capital from $17 million to $400 million, expanding the company from six offices primarily in Western North Carolina to over 40 locations in four states. 


The full article continues below. Click to open in fullscreen…

Humble Beginnings was last modified: January 26th, 2021 by LPoll
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