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This profile was last updated on 10/1/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Tom Depping

Wrong Tom Depping?

Chief Executive Officer

Local Address: Houston, Texas, United States
Ascentium Capital LLC
23970 Highway 59 North
Kingwood , Texas 77339
United States

Company Description: Ascentium Capital delivers flexible, small-ticket financing to businesses both acquiring and selling critical equipment assets. We specialize in loan and lease...   more
Background

Employment History

  • Chairman and Chief Executive Officer
    Main Street Bank
  • COB and Chief Executive Officer
    Main Street Bank
  • President and Chief Executive Officer
    Sierra Cities
  • Chief Executive Officer and Chairman
    Sierra Cities
  • Chief Executive Officer
    First Sierra
  • Chairman, President and Chief Executive Officer
    First Sierra
  • Charman and Chief Executive Officer
    First
  • Chief Executive Officer
    AscentiumCapital.com
  • President and Chief Executive Officer
    AscentiumCapital.com

Board Memberships and Affiliations

Education

  • Eastern Michigan University
  • Eastern Michigan University
173 Total References
Web References
Tom Depping, Ascentium ...
www.monitordaily.com, 1 Oct 2014 [cached]
Tom Depping, Ascentium Capital's president and CEO stated, "Three years ago we started witnessing a major shift in the industry toward the requirement for simplified financing that focused on delivering strategic business outcomes.
Main Street Bank, ...
www.leasingnews.org, 7 July 2008 [cached]
Main Street Bank, headquartered in Kingwood, Texas, founded by Thomas Depping, specializes in providing equipment financing throughout the country with its largest market concentrations in California, Texas, Florida and New York.
The FDIC issued a Consent Order ...
leasingnews.org, 1 Oct 2010 [cached]
The FDIC issued a Consent Order to Main Street Bank, Kingwood, Texas on July 28,2010 with perhaps the strongest point "...the replacement of Thomas Depping as CEO, as the bank is given 90 days to find:
...
The web site shows Depping, founder of Sierra Cities as well as master planner of Main Street Bank Leasing as both chairman and CEO:
"Tom Depping joined Main Street Bank in 2004, and serves as Chairman of the Bank, as well as Chairman and Chief Executive Officer of MS Financial Inc.
Chairman Tom Depping has ...
www.leasingnews.org, 5 May 2010 [cached]
Chairman Tom Depping has told his employees there will be an announcement before September 30th.
Reportedly the man who originated the First Sierra concept was Bob Quinn, not Tom Depping.
...
Bob Quinn approached Tom Depping in 1993 after Denrich was purchased by ATT Capital in December, 1992.
...
From that meeting in 1993 to April 1994, Tom Depping sold some movers and shakers in Houston (check the Board of Directors for names) to raise the capital to start First Sierra.
...
The company was basically started by Thomas J. Depping. From 1991 to May 1994, Mr. Depping served as President of SunAmerica Financial Resources, the equipment leasing and financial division of SunAmerica, Inc.
...
Thomas Depping, president and CEO, said, "Although our application with the Federal Reserve was approved in April, we have decided not to implement the banking strategy at this time as we are in the process of potentially splitting our technology and finance operations.
...
In May 1997, Tom Depping called a summit meeting of the top 25 previous owners, key salespeople and HQ management in Houston to lay out a new organizational structure for the company.
...
Later at the Giggling Marlin, they got drunk and raised hell with Depping, Jim Raeder and Mark McQuitty present.
...
Depping and Raeder became best buddies and Depping made Raeder the VP in charge of the branches.
...
Depping and Raeder became best buddies and Depping made Raeder the VP in charge of the branches.
...
In June 2000, Depping fired Jim Raeder for "cause" with no severance package.
...
Depping did not realize that dot.com is a website address, not a company name.
...
The best line I have heard about Tom is "He has no old friends, just new friends and wannabes".
...
I don't know what the cost of the suites for Depping and others cost, but they had to be extremely expensive. At the same time money was being spent like this, the branches were being hit with major cost cutting programs. Go figure!!
...
"This merger will benefit our customers and shareholders," said SierraCities' President and CEO, Thomas Depping.
CompuBank Press Releases
www.compubank.com, 12 Feb 2001 [cached]
We are excited to be associated with CompuBank so its business customers can receive fast and innovative financing solutions through our streamlined , technology-enabled services , said Thomas Depping , CEO & Chairman of SierraCities.com.For more than five years , over 95 , 000 small businesses have trusted SierraCities.com to provide them with convenient , cost effective and affordable financing solutions.CompuBank's history of providing technology-enabled solutions , coupled with outstanding customer_service , is consistent with our mission to empower the small business person with fast and competitive products. CompuBank's customers can access SierraCities.com's online financing products via CompuBank's home_page.
In_addition to leasing and lending , CompuBank provides business customers with tools to ensure efficient cash management.Business customers can view their balances in real-time , view check images front and back and see their monthly statements online.CompuBank offers free services to enable customers to maximize their funds including free domestic wire transfers , direct transfers from other financial institutions into CompuBank accounts and free bill pay.
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