TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson Mergers and Acquisitions The OCC and TDB report that SouthState Bank NA, based in Winter Haven, Florida, has completed its acquisition of Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that Columbus State Bank, based in Columbus, has completed its merger with Hill Bank & Trust Co., based in Weimar. Branches The … Read more
Branches The TDB reports that Wallis Bank, based in Wallis, has established a branch at 4805 E. Sam Houston Pkwy., Ste. 100, in Pasadena. The TDB reports that it has approved an application by Texas Bank, based in Henderson, to establish a branch at 7680 Preston Rd. in Frisco.
On November 21, Harlingen-based Texas Regional Bank hosted a grand opening event at its new Rio Grande City banking center, its 30th location in Texas and 14th in the Rio Grande Valley. The event featured a ceremonial ribbon-cutting led by Roy Garza of the Rio Grande City Greater Chamber of Commerce, with honored guests, including … Read more
On January 3, the Texas Bankers Hall of Fame announced its 2025 inductees who will be honored at the 12th Annual Texas Bankers Hall of Fame Gala, May 1 on the campus of Sam Houston State University in Huntsville. Five iconic bankers—Sam H. Burris Jr., Charles G. Cooper, Harvey P. Hartenstine, Robert W. “Bobby” Hoxworth … Read more
Farmers Branch-based TIB NA announced several officer promotions following its monthly board meeting held January 8. Dawn Velekei, executive vice president, was appointed as an advisory director to TIB’s board of directors. She serves as the bank’s chief financial officer and joined TIB in 2016. Lyle Russell was promoted to president of TIB Consulting Solutions, … Read more
Texas City-based Texas First Bank has promoted John Morrell to chief credit officer and advisory director. He succeeds David A. Daspit, who, after more than 18 years of managing the credit department at Texas First Bank, is transitioning to take a credit advisory role. Morrell joined Texas First Bank in 2020 as regional loan president … Read more
Lubbock-based Victory Bank and its parent company, Victory Financial Corp., recently announced the promotion of Chad Hill to chief lending officer. Since joining Victory Bank in 2023, Hill has played a pivotal role in expanding lending efforts across West Texas and the Big Country. “Chad embodies our mission to deliver a Different and Better banking … Read more
Frisco-based Texas Republic Bank announced a new hire and a promotion early in the new year. Charlie Titus has been promoted to assistant vice president/treasury services manager. With four years of banking experience and one year of service at Texas Republic Bank, “he is dedicated to building strong relationships with clients. Charlie’s commitment to excellence … Read more
On January 8, the First National Bank of Eldorado and Lubbock-based Western Bank announced the signing of a definitive agreement providing for the First National Bank of Eldorado’s acquisition of the Loraine branch of Western Bank. The transaction is targeted for completion by the end of the first quarter of 2025. “We are excited to … Read more
On January 2, Dan Odom, president and CEO of Lubbock-based Western Bank, announced that Clark Campbell has been named market president for the bank’s Brownwood location. Campbell has 11 years of banking experience and joined the Western Bank team in 2023. He is a graduate of Texas Tech University and the SW Graduate School of … Read more