TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
On October 7, Sonora-based Sonora Bank announced that James Cox has been named executive vice president and chief credit officer. He will be responsible for driving the bank’s credit culture and overseeing its lending portfolio while guiding risk-appropriate growth. Cox brings more than 30 years of banking and financial services experience—including extensive knowledge of commercial … Read more
Lee Dixon Woolley passed away in Paris, Texas, at the age of 80 on October 6 after a courageous fight with a lengthy illness. After graduating with a business degree from Sul Ross University, Woolley—known to most as Dick—and his wife, Sandra, left family and friends in Fort Davis and moved to Cisco, where he … Read more
On October 5, Addison-based Guaranty Bancshares Inc., the parent company of Guaranty Bank & Trust NA, announced it has relocated its main Denton location from 1100 Dallas Dr., Ste. 100, to 1200 West University Dr. Earlier this month, Guaranty Bank & Trust completed renovations of the new site, originally occupied by the former University State … Read more
Branches The OCC reports that JPMorgan Chase Bank National Association, based in Columbus, Ohio, has established a branch at 1011 E. 5th St., Ste. 100, in Austin. The OCC reports that it has approved an application by Wells Fargo Bank National Association, based in Sioux Falls, to establish a branch at 12343 Barker Cypress Rd. … Read more
The Conference of State Bank Supervisors (CSBS) has re-appointed Texas Department of Banking Commissioner Charles G. Cooper to serve his second two-year term as the state banking representative on the Financial Stability Oversight Council (FSOC). Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act created the FSOC to monitor the safety and stability … Read more
McKinney-based Independent Financial ranks second in the Dallas Business Journal’s 2020 “Middle Market 50,” which recognizes the fastest-growing private and public midsize companies in North Texas. The publication defines middle-market companies as those with annual revenue between $10 million and $1 billion. It includes companies within a 12-county area around the Dallas/Fort Worth metroplex, an … Read more
Henderson-based VeraBank has hired three new team members in the Tyler market who will help lead the business and commercial banking charge to develop and grow new relationships. Andrew Adams joins VeraBank as senior vice president and Tyler market president. He has 21 years of banking experience and will focus primarily on business development and … Read more
Nine Texas bankers have been selected to receive the second annual Texas Bankers Foundation’s Emerging Leader Award. The award was created last year by the Texas Bankers Foundation in partnership with the Texas Bankers Association Bank Leadership Council to honor bankers who have had a positive impact in the Texas banking industry and are expected to … Read more
Lindsay Ridgeway has joined Midland-based Community National Bank as senior vice president of accounting. She has nine years of experience as a bank controller and previously worked as an auditor, which included financial institution audits. Ridgeway holds a BBA degree in accounting and an MS degree in accounting from Texas A&M University, and is also … Read more
The Independent Bankers Association of Texas (IBAT) planned its 2020 Annual Convention for September 26–29 in Fort Worth. Then came COVID and plans changed. Now, instead of gathering in Fort Worth, the show is being held virtually. Instead of a week in September, the event is now spread out through the end of the year. … Read more