TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
The Independent Community Bankers of America (ICBA) recently announced that Gabriel Guerra, president and CEO of Kingsville-based Kleberg Bank NA, and Sam Nunn, executive vice president and chief financial officer of Amarillo-based Citizens Bank, have been elected to the ICBA Federal Delegate Board. In addition to helping shape and advocate ICBA’s national policy positions and … Read more
Stacy Cammack has been promoted to administrative officer in enterprise risk management and internal audit coordinator within the risk management department at Longview-based Texas Bank and Trust. In addition, Regina Mixon has joined the bank as a business development officer in treasury management. Cammack joined Texas Bank and Trust in 2016 as its financial reporting … Read more
The Woodlands-based Woodforest National Bank recently appointed Umesh “Mike” Jain, CPA, to its board of directors. He migrated to the U.S. in 1981, becoming a U.S. citizen in 1987. In 1986, he founded Jain & Jain PC Accountants and Tax Consultants, an accounting firm that focuses primarily on assurance and tax services for privately held … Read more
The Federal Reserve Bank of Dallas recently announced several executive promotions, as well as some new hires. Tim Stearns has been promoted to vice president in the banking supervision department, with responsibility for all large and regional banking organizations in the 11th Federal Reserve district. Previously, he served as assistant vice president. Stearns joined the … Read more
Dallas-based Comerica Inc. has promoted Jason Baker to Houston market president, succeeding J. Downey Bridgwater. Earlier this year, Bridgwater announced his plan to retire during the first quarter of 2021 after 24 years at Comerica and 40 years in banking. In his new role, Baker will oversee business and community development efforts in the Houston … Read more
Take a stroll back in time with me. It was a simpler time. It was an easier time. It was February. In the February 24, 2020, edition of Bankers Digest, I declared that the era of “banking as a service” had arrived. As proof, I pointed to the partnerships between Goldman Sachs and Apple to … Read more
In a joint statement on October 29, J. Pat Hickman, chairman of Amarillo-based Happy State Bank, and Tommy Gunstream, chairman of Muleshoe-based Muleshoe Bancshares Inc., announced that Happy State Bank is acquiring Muleshoe Bancshares Inc. and its subsidiary, First Bank of Muleshoe, through a series of mergers. A Texas state bank, First Bank of Muleshoe … Read more
Mergers and Acquisitions The TDB reports that The Bank of San Antonio, based in San Antonio, has merged with The Bank of Austin, based in Austin, and Texas Hill Country Bank, based in Bandera. Name Changes The TDB reports that The Bank of San Antonio, based in San Antonio, has changed its name to Texas … Read more
Mergers and Acquisitions The OCC reports that The City National Bank of Sulphur Springs, based in Sulphur Springs, has applied to acquire The Morris County National Bank of Naples, based in Naples. Name Changes The TDB reports that The Bank of San Antonio, based in San Antonio, has applied to change its name to Texas Partners … Read more
On October 20, Houston-based Agility Bank (in organization) announced that the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have given conditional approval for its application to launch and operate a predominately digital community bank that is primarily owned and led by women. Agility Bank will begin raising $30 million in … Read more