Vernon has been affiliated with MCPS for nearly 15 years. He served as outside counsel until 2001, after which he acted as in-house counsel representing MCPS in various legal matters.

Since 2002, Vernon has served as general counsel to Woodforest National Bank, a $3.2 bn financial institution based in Texas.

As counsel for Woodforest, Vernon has been intimately involved with the day-to-day operations of MCPS and has worked with the current executive team.

MCPS chairman Robert Marling said that Vernon’s familiarity with Merchants’ Choice and his understanding of the electronic payments industry will be instrumental as the company continue the rapid growth curve.