The city of Lufkin, Texas, is grappling with the tragic loss of Malcolm Deason, who passed away on Wednesday, April 10. Deason, who served as the president of the Lufkin market at Cadence Bank, is deeply mourned by his community after his untimely death by suicide.
Malcolm Deason brought a wealth of experience and expertise to his role in the financial sector. He began his professional journey in 1998 at First Bank & Trust East Texas, rising to the position of Senior Vice President over the years. Later, he served as the Senior Vice President of Commercial Banking at Southside Bank until April 2023. In November 2022, Deason assumed the role of Lufkin Market President at Cadence Bank, where he made significant contributions to the local banking community.
Born in 1975, Malcolm Deason pursued higher education at Prairie View A&M University, earning a Bachelor of Business Administration (BBA) degree with a concentration in Accounting. He furthered his academic pursuits at Stephen F. Austin State University, obtaining a Master of Business Administration (MBA) degree in Business Administration and Management, General, between 1999 and 2001. Additionally, he attended Louisiana State University’s Graduate School of Banking from 2008 to 2011, although details about his graduation or area of study remain undisclosed.
Deason’s passing has left a profound impact on those who knew him, both personally and professionally. Described as a dedicated and accomplished leader, he leaves behind a legacy of integrity and service in the banking industry. His contributions to the community and his commitment to excellence will be remembered by colleagues, friends, and loved ones alike.
As Lufkin mourns the loss of Malcolm Deason, the community comes together to support one another through this difficult time. Mental health awareness and suicide prevention efforts are emphasized as the city reflects on the tragedy and seeks to prevent similar losses in the future.
In honoring the memory of Malcolm Deason, Lufkin remembers a man of vision and determination, whose impact will be felt for years to come in the hearts and minds of those he touched.