TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
This year marks Shepherd-based Peoples State Bank’s golden anniversary and the bank recently celebrated the occasion in grand style. Bank staff, Texas banking industry leaders and members of the community gathered on October 2 in Shepherd for an anniversary bash that included barbecue, door prizes, give-aways, a performance by the Kenny Martin Band and bounce … Read more
In late November, The National Bank of Texas at Fort Worth announced a new hire and a promotion. José I. Duron has joined the bank as executive vice president and chief lending officer. He comes to The National Bank of Texas with more than 27 years of banking experience—20 of those years in commercial lending, … Read more
Pasadena, California-based East West Bank, which operates 13 locations in Texas and the Southwest, recently honored Houston’s first responders by contributing $10,000 to the Houston Police Foundation. The contribution was presented to Houston Police Foundation Executive Director Charlene Floyd, Houston Police Chief Troy Finner and Houston Assistant Police Chief Ban Tien at a public safety … Read more
On November 22, Triumph Bancorp Inc., the holding company for Dallas-based TBK Bank SSB, announced the appointment of Renee Galitis as chief information officer. She will provide direction and oversight for the IT and information security teams, leading existing and emerging technology initiatives. “Renee’s ability to align operational execution and technology transformation makes her an … Read more
The board of directors of Jacksonville-based Austin Bank announced a change in their corporate office at the November meeting. Jeff Austin Jr. has been elected senior chairman of the board and his son, Jeff Austin III, has been named chairman of the board. This transition continues the Austin family legacy of banking into the fourth generation. … Read more
On November 19, Pine Bluff, Arkansas-based Simmons First National Corp., the holding company for Pine Bluff, Arkansas-based Simmons Bank, and Conroe-based Spirit of Texas Bancshares Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a transaction consisting … Read more
James E. Campbell, the founder of Shelby Savings Bank, passed away on November 12 in Center, Texas. He was 97. In addition to his decades of service to the banking industry, he was an entrepreneur who launched numerous businesses in his lifetime and served communities in Shelby County his whole life. Campbell first worked in … Read more
Mergers and Acquisitions The TDB reports that Texas Bank, based in Brownwood, has applied to merge with Texas Bank Financial, based in Weatherford. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 11050 US Hwy. 380 in Cross Roads. The OCC reports … Read more
Branches The TDB reports that WestStar Bank, based in El Paso, has established a branch at 12160 Pebble Hills in El Paso. The TDB reports that Security State Bank & Trust, based in Fredericksburg, has applied to establish a branch at 3973 W. Vickery Blvd., Ste. 102 and 103, in Fort Worth. The TDB reports … Read more
Weatherford-based Texas Bank Financial has entered into a merger agreement with its sister bank organization, Brownwood-based Texas Bank. Upon completion of the transaction, the combined banks will operate as TexasBank and have total assets of more than $1.3 billion with 15 branches and loan production offices throughout the Dallas/Fort Worth metroplex, Central Texas and West … Read more