January 19–25, 2025

Mergers and Acquisitions The OCC reports that it has approved an application by Austin Bank NA, based in Jacksonville, to acquire Chasewood Bank, based in Houston. Branches The OCC reports that Amarillo National Bank, based in Amarillo, has applied to establish a branch at 8602 Pineridge Dr. in Amarillo. The OCC reports that Zions Bancorporation … Read more

January 12–18, 2025

Mergers and Acquisitions The TDB reports that it has approved applications by First Liberty Bank, based in Liberty, to acquire Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The OCC reports that it has approved an application by VeraBank NA, based in Henderson, to establish a branch … Read more

January 5–11, 2025

Branches The OCC reports that First National Bank Texas, based in Killeen, has established a branch at 10718 Potranco Rd. in San Antonio. The OCC reports that it has approved an application by UMB Bank NA, based in Kansas City, Missouri, to establish a branch at 5950 Berkshire Lane, Ste. 1600, in Dallas. The OCC … Read more

USAA Federal Savings Bank Board of Directors Appoints Moran President

On January 30, San Antonio-based USAA Federal Savings Bank’s board of directors announced the appointment of Michael Moran as bank president. Moran, who has been serving as the interim president, brings more than two decades of banking experience and a strong commitment to the mission of serving the military community and their families. Before moving … Read more

Jacksonville-based Austin Bank Receives Regulatory Approval to Acquire Chasewood Bank

On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 … Read more

Texas Capital Bank Elevates Holmes to Additional Responsibilities as Chairman of the Board-Elect

On January 23, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that its board of directors has elected Rob C. Holmes, president, CEO and board director, to also serve as chairman of the board immediately following the 2025 annual meeting of stockholders. “The decision to entrust chairman of the board … Read more

Amarillo National Bank’s Bickerstaff Reappointed to Board for Lease of Texas Parks and Wildlife Lands

Texas Governor Greg Abbott has reappointed Clifton “Cliff” Bickerstaff to the Board for Lease of Texas Parks and Wildlife Lands. His term will expire on September 1. Bickerstaff serves as executive vice president at Amarillo National Bank and is a member of the bank’s board of directors. The Board for Lease was created to lease land … Read more

Legend Bank Announces New Commercial Lender and Appointment of Branch President

On January 8, Bowie-based Legend Bank announced the appointment of Ricky Taylor as Wichita Falls branch president/senior vice president and Colton Sheffield as vice president/commercial lender in North Richland Hills. Taylor has been in the financial industry for more than 20 years, specializing in agriculture, commercial real estate, small business, equipment and construction loan needs. … Read more

VeraBank Names Vestal Wealth Management Trust and Wealth Advisor

Henderson-based VeraBank has promoted Shea Vestal to vice president/trust and wealth advisor. She will focus on the bank’s Henderson, Mt. Enterprise, Kilgore, Tatum and Carthage regions. Vestal joined VeraBank in 2010. She earned a bachelor’s degree in business from Stephen F. Austin State University and has completed the graduate program at the SW Graduate School … Read more

Texas Department of Banking Receives Seventh Bank and Second MSB Accreditation

The Texas Department of Banking has received its seventh consecutive banking supervision accreditation from the Conference of State Bank Supervisors (CSBS). The department also earned its money services businesses (MSB) accreditation for the second time. These designations verify that the department maintains the highest standards and practices in state banking supervision set by the CSBS … Read more