Finance Commission of Texas Announces the Appointment of Savings and Mortgage Lending Department Commissioner

January 6, 2022


On December 16, 2021, the Finance Commission of Texas appointed Hector Retta the new Commissioner of the Department Savings and Mortgage Lending, effective February 1, 2022. 

Hector Retta of El Paso, Texas, will serve as the tenth commissioner of the department. Mr. Retta previously served as President, Chief Executive Officer, and Vice Chairman of Capital Bank, SSB in El Paso, Texas, from July 2010 until June 2017. Mr. Retta was Executive Vice President and Regional President of Wells Fargo in Orange County, California, from 2009 until 2010, and Senior Vice President and Regional President of Wells Fargo Border Banking from 2005 until 2009. Prior to his association with Wells Fargo, Mr. Retta was a Managing Director, Private Client Services with JPMorgan. He is a native of Dallas, Texas, and earned a BBA and an MS in Economics from Baylor University.