TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Pittsburgh, Pennsylvania-based PNC Bank NA recently announced that Dillan Knudson has been named regional president/head of commercial banking in Austin. PNC Financial Services Group Inc., PNC Bank’s parent company, completed its acquisition of BBVA USA Bancshares Inc., the parent company of BBVA USA, on June 1. Knudson most recently served as Houston CEO for BBVA … Read more
Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced that it has signed a definitive agreement to acquire Roscoe-based Roscoe State Bank. These two family-owned companies with nearly 150 years in business will combine to create an organization holding approximately $2 billion in assets and more than $300 million in equity … Read more
The Woodlands-based Woodforest National Bank announced the appointment David Mendez to its board of directors. He retired as vice chairman/middle-market banking and specialized industries after serving JPMorgan Chase (and its predecessors) for 42 years. His prior roles include head of middle market south region, chairman of the Houston region, head of Texas commercial real estate banking, … Read more
Choudrant, Louisiana-based Origin Bank has announced that Greg Irwin and Bill Kresser have joined the company’s Fort Worth relationship banking team. Both will maintain offices at the bank’s financial center on Throckmorton St. in downtown Fort Worth. “We are thrilled to welcome Greg and Bill to Origin Bank,” says Justin Holt, Tarrant County market leader. “Their … Read more
Kilgore-based Citizens Bank announced the promotions of four of its officers at the Kilgore and Plano locations. Michael Cozart has been promoted to vice president by the board of directors. He joined Citizens Bank in 2014 as a credit analyst in the bank’s location in The Woodlands. In 2017, he was promoted to assistant vice … Read more
On June 4, Caroline Jones, commissioner of the Texas Department of Savings and Mortgage Lending, announced her retirement, effective August 31. She joined the department in 2008 and was appointed commissioner in 2014. Prior to joining the Department of Savings and Mortgage Lending, Jones served as in-house counsel for financial institutions for more than 20 years. Her … Read more
On June 8, Atlanta-based Cadence Bank, a subsidiary of Houston-based Cadence Bancorporation, announced a strategic business alliance with Unity National Bank of Houston, the only Black-owned banking institution in Texas and one of two Black minority depository institutions with a national charter. The cooperative alliance brings growth capital to Unity National Bank, strengthening its ability to make … Read more
February was not a good month for the Central Texas community of Mason. In addition to battling the pandemic and an arctic freeze that shut off power and water for days and crippled much of the state, the county courthouse in Mason was destroyed by a fire. Although the Texas Historical Commission had provided some … Read more
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 3311 E. Broad St., Ste. 101, in Mansfield; 3630 W. University Dr. in McKinney; and 4001 Matlock Rd. in Arlington. The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, North Carolina, to … Read more
Branches The OCC reports that Newfirst National Bank, based in El Campo, has applied to relocate a branch from 609 N. Wells in Edna to 711 N. Wells in Edna. The TDB reports that Frost Bank, based in San Antonio, has established a branch at 2982 Fulton St. in Houston. The TDB reports that it has approved an application by Alliance … Read more