TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Choudrant, Louisiana-based Origin Bank has announced the relocation of its 7th Street banking center to a new building located at 3200 W. 7th St. Less than 1,000 feet from its previous location, the new banking center offers business and personal banking customers easy access to the services they need. “We are excited to share our … Read more
Community bankers are feeling slightly better about the health of their local economies, but still far short of their pre-pandemic level of confidence, the most recent Community Bank Sentiment Index (CBSI) reveals. The Conference of State Bank Supervisors released the third-quarter results in early October, collecting data from 334 community banks across the nation during … Read more
The board of directors of Graham-based Graham Savings and Loan SSB recently announced the promotion of Codie Hedge to president. He will oversee the management operations of the bank while focusing on his strong lending portfolio. Part of the Graham Savings and Loan team since 2011, Hedge previously served as vice president. Hedge holds a … Read more
State financial regulators, joined by the Bankers’ Electronic Crimes Task Force and U.S. Secret Service, have issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks. “Ransomware is a major threat to the financial services industry,” says Texas Banking Commissioner Charles G. Cooper, who leads the Bankers’ Electronic Crimes … Read more
Robert A. Hulsey, president and CEO of Terrell-based American National Bank of Texas, was recently elected to the Federal Reserve Bank of Dallas’ board of directors. An inaugural inductee in the Texas Bankers Hall of Fame at Sam Houston State University in 2013, Hulsey will serve a three-year term beginning January 1, 2021. Hulsey joined … Read more
HC3, a data-driven technology company based in Birmingham, Alabama, that delivers unique customer communications, has acquired Alabama-based Banc Statements Inc. (BSI), a company that specializes in printing and mailing demand-deposit and savings account statements for community banks. Beginning October 1, all work contracted through BSI will continue operation as HC3. HC3—in business for 58 years—helps … Read more
The Independent Bankers Association of Texas (IBAT) recently honored McGregor-based TFNB Your Bank for Life with Best of Community Banking (BOCB) Awards. The bank received both a Gold Eagle and the “Best of Show” award, which is the competition’s top honor, for its community service program, Charity Champions. TFNB created Charity Champions six years ago … Read more
On September 23, the Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association (TBA), honored 30 Texas bankers with the 50-Year Banker Award during TBA’s Virtual Texas Economic Resilience Summit. This prestigious award honors bankers with a half-century or more of service and dedication to the banking industry. G. Drew Allbright of Carrollton … Read more
If COVID-19 and an economic recession are not enough for you to deal with, here’s another regulatory issue that continues to loom over all banks—the Community Reinvestment Act. CRA Exams. First, CRA examinations and release of exam results continue. Lists of banks up for their exam are posted. These should be “virtual” exams in keeping … Read more
Connecticut-based Promontory MortgagePath LLC, a provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, has hired industry veteran Theresa Sloan as managing director, national mortgage operations. She will lead the company’s national strategy for mortgage fulfillment while partnering with internal stakeholder groups to develop its growth and fintech strategy. Sloan comes to Promontory MortgagePath … Read more