TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Ozona-based Ozona Bank recently announced promotions at several of its locations. Kathy Gold has been promoted from assistant vice president to vice president, BSA/OFAC officer. She has been with the bank for 23 years, having started as a part-time teller and serving in various positions during her tenure. Prior to her banking career, Gold majored … Read more
Branches The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, to establish a branch at U.S. Highway 380 in Cross Roads. The OCC reports that it has approved an application by JPMorgan Chase Bank National Association, based in Columbus, Ohio, to establish a branch at the … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by The Hondo National Bank, based in Hondo, to merge with Community National Bank, based in Hondo, and operate under the new name TXN Bank National Association. The TDB reports that Citizens State Bank, based in Somerville, has completed its acquisition of Burton … Read more
On December 16, Home BancShares Inc., the parent company of Conway, Arkansas-based Centennial Bank, announced that it has received approval from the Arkansas State Banking Board and the Arkansas State bank commissioner of its applications for the previously announced merger with Happy Bancshares Inc., the parent company of Amarillo-based Happy State Bank. On December 15, … Read more
Comerica Inc., the parent company of Dallas-based Comerica Bank, announced that it has established a new office of corporate responsibility with Wendy Bridges, senior vice president/corporate communications and executive administration, appointed to lead the department as executive vice president/executive director of corporate responsibility. Bridges reports directly to Curt Farmer, chairman and CEO, and serves on … Read more
After 48 years in the banking industry, William “Bill” Cowden, president and CEO of Fredericksburg-based Security State Bank & Trust, is retiring. He has served Security State Bank & Trust for the past 28 years and will remain on the bank’s board of directors and loan committee. A native of Kerrville, Cowden began his banking … Read more
The Independent Bankers Association of Texas (IBAT) announced that George “Cliff” McCauley, executive vice president/correspondent banking at San Antonio-based Frost Bank, is the newest addition to the IBAT Wall of Heroes and Legends of Texas Community Banking located at the organization’s headquarters in downtown Austin. The Wall of Heroes and Legends is reserved for special … Read more
Birmingham, Alabama-based Regions Bank announced that Michael Pardue will serve as consumer banking executive leading the company’s expanded operations in Texas, including the Houston, Dallas/Fort Worth and Austin markets. Pardue, a financial services industry veteran of 20 years, makes the move to Texas from Memphis, Tennessee, where he served as Regions Bank’s consumer banking executive … Read more
The Federal Reserve Bank of Dallas recently announced appointments and reappointments to its branch boards in San Antonio, Houston and El Paso. As board members, these individuals provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Each of these branch boards consists of seven members—four appointed by the Dallas … Read more
BAILEY ALLEN, PhD Student, Rawls College of Business, Texas Tech University MIKE MAULDIN, Director of the Excellence in Banking Program, Texas Tech University DREW WINTERS, Pickering Chair in Finance, Texas Tech University The Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, Dodd-Frank Act) was created—according to the first paragraph of the act itself: “To … Read more