Frank Alderman, MDFrank Alderman, MD

Alderman elected to Board of Directors for State Bancorp, Inc.

Posted on: July 23rd, 2018

Frank Alderman, MD, has been elected to the board of directors for State Bancorp, Inc., a locally owned and managed financial services company that serves as the bank holding company for Clear Mountain Bank.

Alderman is chairman and former chief executive officer of MedExpress Urgent Care, a division of OptumHealth. Under his stewardship, the company has experienced exponential growth and success while maintaining its focus on providing a best-in-class patient experience. The company currently operates over 300 neighborhood medical centers and worksites across 27 states, serving millions of consumers each year.

“We are extremely excited to add Frank to our holding company board,” said David M. Thomas, president and CEO of Clear Mountain Bank. “His success in the medical and business communities is without question, and I’m sure that he will provide valuable guidance and insight to our company. Although MedExpress is now a nationally known name in the health care industry, I know that Frank and the other co-founders take great pride in the fact that MedExpress was founded locally and have not forgotten those roots. I’m sure that Frank has many opportunities to serve on a number of boards across the country, and the fact that he has chosen to serve on our board is a testament to his loyalty to the local communities that we serve.”

In 2012, Alderman was the recipient of an Ernst and Young Entrepreneur of the Year Award and was also awarded Ernst and Young’s Venture Capital Award of Excellence. In 2014, he was inducted into the West Virginia Business Hall of Fame and was also selected to be a member of WVU School of Pharmacy’s Centennial Hall of Fame. Most recently, Alderman was awarded the 2018 Urgent Care Foundation Outstanding Achievement Award by the Urgent Care Association of America in recognition for his industry leadership as CEO of one of the most successful urgent care organizations in the U.S. Alderman is an active member of the Young Presidents’ Organization (YPO) and serves on the board of the WVU Foundation.

Alderman is a West Virginia native and holds both a bachelor’s degree in pharmacy and a medical degree from West Virginia University. He completed his residency in emergency medicine at WVU and obtained board certification.

About State Bancorp, Inc.

State Bancorp, Inc., is a locally owned and managed financial services company that serves as the holding company of Clear Mountain Bank. Clear Mountain Bank is a local community bank serving north-central West Virginia and western Maryland. Clear Mountain Bank offers a comprehensive array of banking services. The company is a leader in providing electronic banking services, including mobile banking and remote deposit. Additional information is available at www.clearmountainbank.com.

 

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