Jason Gillespie Joins Southwest Securities, FSB as Senior Vice President, Mortgage Purchase Credit Manager

Jason Gillespie, CMB, has joined the National Mortgage Purchase Division of Southwest Securities, FSB as Senior Vice President, Mortgage Purchase Credit Manager.

Mr. Gillespie has nearly two decades of experience in finance and mortgage banking. His background includes production, secondary marketing, operations, credit management and compliance. Along with his designation of Certified Mortgage Banker, he is also a graduate of the School of Mortgage Banking and the Future Leaders Class of 2006 of the Mortgage Bankers Association (MBA). Mr. Gillespie serves on both the Loan Production and Secondary Marketing committees for the MBA and has been an instructor at the School of Mortgage Banking.

Southwest Securities, FSB has provided mortgage purchase lines to mortgage originators on a national scale since 1992. The bank is one of the top providers of mortgage purchase facilities for small to mid-cap originators in the U.S.

Southwest Securities, FSB (formerly First Savings Bank) was established in Arlington in 1986 and became a wholly owned subsidiary of SWS Group, Inc. in 2000. Although based in Texas, the bank conducts business nationwide and is involved in all areas of lending, from commercial loans and residential construction loans to mortgage purchase lending. Southwest Securities, FSB offers a variety of community banking services designed to help businesses grow and communities prosper.

SWS Group, Inc. is a Dallas-based financial services holding company offering a broad range of investment and financial services through its subsidiaries. The company's common stock is listed and traded on the New York Stock Exchange under the symbol SWS.

SOURCE Southwest Securities, FSB

/CONTACT: Jim Bowman, Vice President, Corporate Communications of Southwest Securities, FSB, +1-214-859-9335, jbowman@swst.com/

/Web site: http://www.swsgroupinc.com /
(SWS)