Garza Tapped as Sanderson Branch Manager at Pecos County State Bank

Anna Garza was recently promoted to branch manager at the Sanderson location of Fort Stockton-based Pecos County State Bank. She is a Sanderson native and has worked for the bank for more than seven years. Established in 1928, Pecos County State Bank operates branches in the West Texas communities of Fort Stockton, Sanderson, Sierra Blanca … Read more

Texas Tech School of Banking Salutes 35 Bankers Completing the 2021 Program

The Texas Tech School of Banking recently completed its 2021 session. Banking professionals from across Texas and four other states traveled to the Rawls College of Business on the campus of Texas Tech University in Lubbock for the program. Established in 1973, the school offers a blend of traditional academic coursework and interactive lecture sessions … Read more

MapleMark Bank Hires Nebergall for Relationship Management

Shaughn Sutton, executive vice president/chief lending officer at Dallas-based MapleMark Bank, announced that Elizabeth Nebergall has been hired to serve as vice president/relationship manager. Nebergall will work with mid-market businesses in the commercial and industrial space throughout the Dallas/Fort Worth and North Texas markets. Prior to joining MapleMark Bank, Nebergall was a commercial banker at … Read more

Burton State Bank to Merge Into Citizens State Bank

CSB Bancshares Inc. and Burton Bancshares Inc. recently announced that an agreement for the merger of Burton-based Burton State Bank into Sommerville-based Citizens State Bank was signed in mid-August by the boards of both entities. The transaction is expected to close before the end of the year. Upon completion, Burton State Bank will become the … Read more

Rodriguez Appointed Deputy Commissioner of the Texas Department of Banking

On August 20, Charles G. Cooper, commissioner of the Texas Department of Banking, announced the appointment of Wendy Rodriguez as the agency’s deputy commissioner. She will oversee all the operational and administrative functions of the department, including strategic initiatives. She will also assist Cooper with governmental interactions, including the Office of the Governor, Texas Legislature … Read more

In Memoriam: William E. Howard, Former President, CEO and Director of TrustTexas Bank SSB

William Elery (Bill) Howard Jr., 79 of Victoria passed away peacefully on August 12 from complications of a rare form of Parkinsonism called progressive supranuclear palsy. Services were held on August 18 at Holy Family Catholic Church in Victoria. Howard served for many years as president and chief executive officer of Cuero-based TrustTexas Bank; after … Read more

Will Varo Bank be the Pin that Pops the Fintech Valuation Bubble?

Every banker has read the sensational headlines of massive funding rounds at almost unfathomable valuations for almost any company with a fintech moniker. They also know the narrative; bankers are greedy and dumb, credit unions are slow and can’t innovate, and morally superior (here again) fintechs are here to disrupt the trillion-dollar financial services industry, … Read more

Long Succeeds Williams as President and CEO of The First National Bank of Sterling City

The board of directors of The First National Bank of Sterling City has named Scot Long president and CEO. He replaces Roger D. Williams, who has held the office of president and CEO for the past 37 years. Williams will become an employee of the bank holding company, Sterling City Banc Shares Inc., and remain … Read more

August 1–7, 2021

Branches The OCC reports that it has approved an application by Texas National Bank of Jacksonville, based in Jacksonville, to establish a branch at 704 S. John Reddit Dr. in Lufkin. The OCC reports that Inwood National Bank, based in Dallas, has relocated a branch from 1551 S. Buckner Blvd. in Dallas to 1605 S. … Read more

July 25–31, 2021

Mergers and Acquisitions The TDB reports that it has approved an application by First United Bank, based in Dimmitt, to acquire First Bank and Trust of Childress, based in Childress. Home Office Relocation The TDB reports that State Bank of Texas has applied to relocate its home office from 11950 Webb Chapel Rd. in Dallas … Read more