TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Farmers Branch-based TIB–The Independent BankersBank NA recently announced the following officer promotions: Tina Jourdan was promoted to senior vice president/Bank Secrecy Act officer. One of TIB’s original 13 employees, she joined the bank two weeks prior to its official opening in 1982. She has served in numerous roles throughout the bank, from operations clerk to … Read more
Baton Rouge, Louisiana-based B1 Bank is opening a new branch in Frisco’s Hall Park, the city’s largest office development. According to The Dallas Morning News, the financial firm is leasing more than 6,600 square feet of offices at 3010 Gaylord Parkway. The new office is set to open early in the new year. B1 Bank already has … Read more
On December 17, Gerald “Gerry” Schwebel, executive vice president at Laredo-based IBC Bank, was presented the Asociación de Empresarios Mexicanos (AEM) San Antonio Legacy Award. The AEM San Antonio Legacy Award recipient is selected by the AEM board of directors to recognize a local business leader who has demonstrated continuous support of the association and … Read more
Lubbock-based Peoples Bancorp Inc. and its wholly owned subsidiary, Peoples Bank, announced the signing of a definitive agreement on December 30 to acquire Seymour-based Baylor Bancshares Inc. and its subsidiaries, First Bank & Trust and Baylor Mortgage Co. Inc. The acquisition is expected to close in the second quarter of 2021. As of September 30, … Read more
Jerome J. “Buddy” Lednicky Jr., former chairman of State National Bank, passed away on January 1 at his residence in West. He was 84. After earning his bachelor’s degree from Texas A&M University and serving in the U.S. Army and Army Reserves, Lednicky launched his banking career, which culminated with his roles as chairman and … Read more
Addison-based Liberty Capital Bank has announced the appointment of Alan Morris as chief executive officer and Amy Pickard as chief financial officer. These leadership changes follow the retirements of former CEO Ben Cunningham and former CFO David Sprinkle from the company. “Ben Cunningham’s influence as the CEO of Liberty Capital Bank cannot be understated,” says … Read more
In mid-December, the Federal Deposit Insurance Corp. (FDIC) released the 2020 Community Banking Study, a new large-scale study on the state of the nation’s community banks. The study finds community banks played a critical role in providing access to credit in several key areas of the U.S. economy, particularly through lending to support commercial real … Read more
Cory Newsom, president and CEO of Lubbock-based City Bank, recently announced that Joseph “Jody” W. Mullings has been hired to serve as the bank’s market president in El Paso. Mullings is responsible for regional community outreach, as well as bank growth in commercial lending, deposits, treasury management and related financial services. Mullings, a third-generation El … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Amarillo, has applied to acquire Muleshoe Bancshares Inc., based in Muleshoe, as well as First Bank of Muleshoe, based in Muleshoe. Conversions The TDB reports that Beal Bank SSB, based in Plano, has converted from a state savings bank to a Texas state-chartered bank under the … Read more
Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has relocated a branch from 2801 Kirby Dr. in Houston to 2930 Kirby Dr. in Houston. The OCC reports that it has approved an application by Guaranty Bank & Trust National Association, based in Mt. Pleasant, to relocate a branch from 1213 Ranch Rd. 620 S in Lakeway … Read more