Richard (Dick) Hendee graduated from Sidney Central School in 1966. His Sidney and New York roots and friendships have always been important to him.
Dick is a lifetime member of the New York State Firemen's Association and the Phelps Hose Company. The mentoring of experienced bankers Borden Getman and Charlotte Barnes at the First National Bank in Sidney gave him the basis to succeed in his career. At First National Bank, he rose through the ranks to become manager of retail lending before leaving to become an Assistant National Bank Examiner with the Comptroller of the Currency. Dick has also held positions with community banks, regional banks and large bank-holding companies, where he served in senior vice president and regional president leadership roles.
Although he did not attend college, Dick was able to help many students do so. He was president of a Houston-based scholarship fund for more than 20 years, advisory board members of which included former president George H.W. Bush and his wife, Barbara. The Linda Lorelle Scholarship Fund has awarded $4.6 million in scholarships to nearly 400 inner-city students. An expert in educational financing, Dick served on the boards of many state and national educational groups.
Dick has been deeply involved in building communities. Because he believes that every family deserves a good safe place to call home, he was president of five different mutual housing associations, through which he helped create pathways to home ownership for low-income families. He also became a member of the Texas Mutual Reinvestment Corp. When the Community Reinvestment Act was passed, he established a department in his bank which became a nationwide model.
Dick learned and loved every aspect of banking because each gave him the opportunity to help people. Dick values entrepreneurship. He uses creativity and vision to work with small business owners and successful business leaders to build and grow their companies. Small business is important. As a president of Silver Fox Advisors, he helped small businesses and mentored young entrepreneurs. Professionally, Dick served on the Houston Regional SBA Advisory Board for more than 10 years and as chair for four. An authoritative leader, Dick always remains calm and has the gift of diffusing tensions with his ever-present sense of humor.
Dick was the first non-attorney to chair a committee for the State Bar of Texas. He also served two terms on the State Bar of Texas Attorney Oversight Committee.
In Dick's capacity as a consultant and bank liaison for a nonprofit organization, he played a key role in converting it to a for-profit, expanding into seven states and growing it by $60 million in two years. During this period, Dick received the prestigious Independent Bankers Assoc. of Texas President's Award.
Although he is officially retired, Dick continues his lifelong career interests through his consulting company, Horizon Associates, Inc., helping clients structure and finance their businesses. Dick remains active in Silver Fox Advisors and is treasurer and a board member of a Houston charter school and adviser to a Montessori school.
Dick is married to Karen Allen Hendee, Class of '64, and resides in Katy, Texas. Dick has four children, four grandchildren and one great-grandchild.
We are proud to recognize Richard T. Hendee as a Wall of Fame honoree.