John P. Quinones Named Chief Information Officer for the Colonial Savings Family of Banking, Mortgage and Insurance Companies

FORT WORTH, Texas, April 3, 2012 /PRNewswire/ -- John P. Quinones, a highly regarded information technology professional with more than 35 years of experience in technology innovation, design and management, has joined Colonial Savings as the company's Chief Information Officer.  In his new position, Quinones will be responsible for all information technology systems, strategies and initiatives for the company's banking, mortgage and insurance divisions and affiliates.

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Quinones most recently served as senior consultant at Avistas, a management and technology consulting firm which provides project-based "on demand" information technology to many industries.  He also served for many years as executive vice president and chief information officer of First Command Financial Planning where he built that organization's business development, marketing and product management departments from the ground up.  He has held senior level positions with DeVry University where he was Dean of Computer Information Systems, Information Technology and Telecommunications Management, and with BTrade, a leader in EDI systems.

Quinones is also a 24 year veteran of the U.S. Army, where he held the rank of Lieutenant Colonel, Aviation, and worked on some of the U.S. Military's most technologically advanced projects.

Quinones earned a Masters degree in Computer Resources and Information Management from Webster University; a Masters degree in Human Resources Management from Pepperdine University; and a B.A. degree from McNeese State University.  He is also a graduate of the Executive Leadership Seminar Series at Harvard University.

About Colonial Savings

Founded in 1952, Colonial Savings F.A. is a national, multi-service financial institution headquartered in Fort Worth, Texas, and is one of largest servicers of mortgage loans in the United States, with a portfolio of $15 Billion.  It is the parent company of Colonial National Mortgage, a leading retail mortgage lender; CU Members Mortgage, which provides mortgage services to more than 1,000 credit unions nationwide; Community Bankers Mortgage, which provides mortgage origination and servicing to community banks; and Colonial Savings, a network of seven banks located throughout North Central Texas.  It is also affiliated with Colonial Life Insurance Company of Texas, DuBose & Associates Insurance, Colonial Lloyds and First Western Title Company.  The privately held company provides a full array of personal and business financial products and originates approximately $2 billion in FHA, VA, conventional and innovative single close construction loans annually.  This year marks the company's 60th anniversary. 

SOURCE Colonial Savings