TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Tyler-based Southside Bancshares Inc., the holding company of Southside Bank, rang the Nasdaq opening bell on Monday, September 28, in celebration of the bank’s 60th anniversary. Lee R. Gibson, president and CEO, presided over the virtual event and was joined by members of the company’s leadership team. Click here to view Southside Bancshares’ Nasdaq opening … Read more
On September 22, Dallas-based Comerica Inc. announced that David Whiting, senior managing director of the Technology and Life Sciences (TLS) division, has been named president of the division. He will manage Comerica Bank’s TLS teams in California, Massachusetts, New York, Texas, Virginia, Washington and Toronto, Canada. Whiting, a 17-year veteran of Comerica Bank, has served … Read more
On September 24, Little Rock, Arkansas-based Encore Bank announced its expansion into Dallas and Fort Worth. Marc Massad has been named executive vice president/regional president in Dallas, and Scott Jones has been named executive vice president and regional president of Tarrant County. Massad is a 16-year Texas banking veteran. He was senior vice president/ commercial … Read more
This month, David Kelton Monk is celebrating 50 years in the Texas banking industry and he’s not done yet. He launched his banking career in September 1970 as a teller at Citizens State Bank in Malakoff. From 1972 to 1980, he served as vice president at First Savings & Loan in Athens. He then worked … Read more
On September 18, the Federal Deposit Insurance Corp. (FDIC) announced the launch of the agency’s first-ever Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this inaugural challenge is “The Effects of Community Banks on Local Economic Development.” The FDIC’s Center for … Read more
Mergers and Acquisitions The FRBD reports that Snyder Holding Co., based in Andrews, has applied to become a bank holding company by directly acquiring 100 percent of the outstanding shares of voting stock in West Texas State Bank, based in Snyder. Conversions The TDB reports that Affiliated Bank, based in Bedford, has applied to convert … Read more
Mergers and Acquisitions The FRBD reports that Abilene Holdco Inc., based in Abilene, has applied to become a bank holding company by acquiring 100 percent of BSA Bankshares Inc., based in Abilene; BSA Delaware Inc., based in Wilmington, Delaware; and First State Bank, based in Abilene. The FRBD reports that Greenback Fincorp Inc., based in … Read more
Janis Adams was recently promoted to banking officer at Jacksonville-based Austin Bank. She has been with the bank since 1990, holding a variety of positions, including bookkeeper, proof operator, teller and safe-deposit clerk. Adams currently oversees the customer service center in the downtown Jacksonville office. Often the first person with whom customers engage when entering … Read more
In recent weeks, Federal Home Loan Bank of Dallas (FHLB Dallas) members in parts of Louisiana have been severely impacted by Hurricane Laura. FHLB Dallas recently announced $923,502 in grants available through its member institutions and another $75,000 donation to help with recovery efforts in Louisiana. “Hurricane Laura pummeled portions of Louisiana at a time … Read more
Ruston, Louisiana-based Origin Bank recently promoted Justin Holt to Tarrant County market leader/regional executive vice president. He has more than 13 years of banking experience, specializing in commercial banking, accounts receivable, inventory, equipment and owner-occupied real estate to middle-market manufacturers and distributors. In his new position, he will oversee lending and deposit activities in the … Read more