TEXAS BANKING NEWS, PEOPLE and IDEAS



A Comment on Implementing Section 1071 of the Dodd-Frank Act

BAILEY ALLEN, PhD Student, Rawls College of Business, Texas Tech University MIKE MAULDIN, Director of the Excellence in Banking Program, Texas Tech University DREW WINTERS, Pickering Chair in Finance, Texas Tech University The Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, Dodd-Frank Act) was created—according to the first paragraph of the act itself: “To … Read more

Texas Bank and Trust Hires Weakley for Canton Branch

Jonathan Weakley has joined the staff of Longview-based Texas Bank and Trust Co. in its Canton branch as a mortgage loan officer. He was most recently a senior mortgage loan officer with Kelly Community Federal Credit Union. Weakley has almost 10 years of experience in the mortgage lending industry and attended Trinity Valley Community College. … Read more

Home Bancorp Announces Expansion Into Houston and Agreement to Acquire Friendswood Capital Corp.

On December 16, Home Bancorp Inc., the holding company of the 113-year-old Lafayette, Louisiana-based Home Bank NA, and Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA, jointly announced the signing of a definitive agreement and plan of merger under which Home Bancorp will acquire Friendswood Capital Corp. in an all-cash transaction. The … Read more

Texas Capital Bancshares Appoints Scurlock Chief Financial Officer

On December 9, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Matt Scurlock, executive vice president/corporate treasurer, will transition into the role of executive vice president/chief financial officer, effective January 1, 2022. He will replace Julie Anderson as CFO of Texas Capital Bank and Texas Capital Bancshares Inc. Anderson has been … Read more

Community Bankers Explore the Basics of Cryptocurrencies

In early December, Bankers Helping Bankers hosted its first event for community bankers throughout the country since the platform launched in October. The hour-long educational session featured Ben Soppitt, CEO of Unifimoney, a cryptocurrency trading application, in conversation with Independent Bankers Association of Texas President and CEO Christopher Williston about the basics of cryptocurrencies and … Read more

November 7–13, 2021

Home Office Relocation The TDB reports that Freedom Bank has applied to relocate its home office from 902 E. Riley St. in Freer to an existing branch at 533 N. Alamo Rd. in Alamo and maintain the branch at 902 E. Riley St. in Freer. Branches The TDB reports that it has approved an application … Read more

Two Texas Community Banks Included in Independent Banker’s ‘Best Community Banks to Work For’ in 2021

Independent Banker magazine published its list of the 2021 “Best Community Banks to Work For” in its December issue. Five community banks across the U.S. made the list, each according to the bank’s asset size, and two of the five are headquartered in Texas: Corsicana-based Community Bank & Trust of Texas and Gainesville-based First State … Read more

Woodforest National Bank and FHLB Dallas Award More Than $250K in Disaster Aid

When February’s ice storm caused unprecedented power outages throughout much of Texas, Yeneka Younger (pictured above) shivered in an unheated Dallas home for days. But that wasn’t the worst of it. The freezing temperatures caused pipes to burst in her kitchen resulting in extensive water damage to her cabinets and flooring. The Woodlands-based Woodforest National … Read more

Texas Capital Bank Introduces New Leadership Structure in Austin

On November 1, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Chris Calvert and Claire Harrison have been named market chairman and market president of Austin respectively. Calvert has been with Texas Capital Bank for more than 20 years, most recently having served as region president of Austin since … Read more

Austin Bank Promotes Cox and Lacy

Misty Cox has been promoted to vice president and senior treasury management officer at Jacksonville-based Austin Bank. She joined the bank as a sales representative for the treasury management team in 2020. She brought with her 20 years of sales experience and works out of the bank’s Lufkin office. A native of Nacogdoches, Cox earned … Read more