Our firm is a second generation family business that has been active in the life insurance market for more than four decades. At David Capital Partners we focus on two key areas of life insurance planning: Bank Owned Life Insurance and Premium Financing.
An effective Bank Owned Life Insurance program is designed to increase the bank’s earnings, increase shareholder value, reduce taxable income and offset employee expenses. There is currently $226 billion of BOLI in the marketplace across the US. BOLI provides community banks with a stable asset that allows them to focus on the continued growth, provide stable earnings and retain key executives in their respective communities.
Our second area of focus is Premium Finance Life Insurance. This concept involves borrowing funds to pay all or some of the premiums for a life insurance policy. A well designed plan allows the client to retain working capital while continuing to grow and develop assets. Family and closely-held companies are the drivers of our economy and we are proud to play a role in that sustainability.
Our commitment to bring meaningful strategies to the families and businesses of Oklahoma and our surrounding region is stronger than ever.
Joe Crossley serves as our President and CEO. His mission is to partner with fellow CEOs, executives and entrepreneurs to grow and protect their personal and professional legacies. He grew up in Okarche, Oklahoma as part of a fifth generation farm family.
After starting his career in the PGA of America, Joe quickly rose through the ranks within the Operations Management division. He served on teams for the Senior PGA Championship, two PGA Championships and the Ryder Cup. In 2008, Joe returned to his home state and joined the Oklahoma City Thunder as the Manager of Marketing Strategies. His work in developing and building the Oklahoma City Thunder brand still resonates today throughout the organization.
In 2011, after experiencing a personal injury, his path was led to MassMutual Oklahoma. There he met Jim David, our founder and Chairman, quickly developing a shared vision. Over the next several years Joe and Jim would cultivate the evolution of what is now David Capital Partners. For nearly a decade, he has worked with companies, startups, estates and community banks to insure their needs. His knowledge of what truly drives conversations throughout our state, the industries that are essential and the importance of their sustainability is unique to our clients. His story is defined by the experiences and challenges our clients have faced while approaching them with a relentless optimism.
In July 2023, Joe completed the Graduate School of Banking Colorado program along with a number of bankers from around the country. Through unwavering commitment and rigorous study, Joe has emerged with a thorough understanding of banking’s intricate dynamics. This achievement reinforces David Capital’s commitment to our banking partners and how we can be a proficient resource for years to come.
In addition, his extensive work throughout the state of Oklahoma continues as a producer on the family farm. He and his father-in-law currently operate 1500 acres of cropland and pasture, focusing primarily on winter wheat. Joe also holds a Bachelor of Science in Marketing and International Business from Oklahoma State University.
Jim David serves as the Executive Chairman for David Capital Partners, an Oklahoma City based life insurance firm providing insured financial capital to fund estate, succession, and business needs. He has served the insurance industry since 1973, working for individuals, families, private and public companies. His specialty is working with community banks and funding large estate tax needs.
Born in Poteau, OK at the bottom of “The World’s Highest Hill”, he is a graduate of Muskogee High School. Jim earned a B.S. degree from Oklahoma State University in Life Insurance and Risk Management and has advance degrees from The American College in Bryn Mawr, PA. Jim has served as the State President of the Oklahoma Association of Insurance and Financial Advisors and Chairman of the Board for the CompSource Mutual Insurance Company, the leading provider of workers’ compensation in Oklahoma. His professional career has included serving as Career, District and General Agent for major life insurance companies.
Currently he is one of only six life insurance producers in Oklahoma with membership in the prestigious Advance Association for Life Underwriting (A.A.L.U.) in Washington, D.C. He has been named the outstanding Life Insurance Agent in Oklahoma. His entire insurance career has been protecting his clients from the financial hazards of living too long, dying too soon, or becoming disabled.
At the young age of 13, Jim received his Eagle Award presented to him by former United States Speaker of the House, Carl Albert. His daughters frequently tell him that he can do anything because he is an Eagle Scout! Today, he continues his loyalty to the Boy Scouts and serves as an Executive Board Member for the Last Frontier Council BSA.
In his church, he serves on the Board of Trustees for St. Luke’s United Methodist Church in Oklahoma City. In addition, he is an active member of the Oklahoma Bankers Association, Community Bankers Association of Oklahoma, OKC Estate Planning Council, The State Chamber and Rotary Club 29.
He resides in Edmond, OK with his wife, of 41 years, Cyndi. They have three daughters and 7 grandchildren. They relax at their lake home, enjoy old cars and travel.
Carlos E. Johnson serves as Director of Business Development for David Capital Partners, Inc. He has more than forty years experience specializing in the practice of financial institutions, focusing on community banks, higher education, government, not-for-profit and retail accounting.
He is a graduate of Wilson High School. Carlos received a B.S. degree from East Central University and a Master of Science and Doctorate (Ed.D.) at Oklahoma State University. He is an active member in and has received numerous accolades from various community and statewide organizations, clubs and associations.
Carlos and his wife, Pam, reside in Oklahoma City. They have three children and six grandchildren who regularly attend various Oklahoma State sports events with the Johnsons.