TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more
On March 12, Dallas-based Vista Bank affirmed its continued commitment to South Dallas, announcing a new banking center location at the intersection of Martin Luther King Blvd. and J B. Jackson. The first bank to open in the Fair Park neighborhood of South Dallas in almost three decades, Vista Bank invested more than $3 million … Read more
Kansas City, Missouri-based UMB Bank announced a new hire and promotion within its private wealth management division. The company operates three banking offices in Texas. Bob Harris has been hired as the director of planning and practice development. He succeeds and reports to Ben Skilling who was recently promoted to director of sales and delivery. Harris … Read more
College Station-based American Momentum Bank has hired Collin Simmons to serve as vice president/commercial relationship manager. He will serve clients in the bank’s Midland/Odessa market. Simmons is an Odessa native who has worked in the banking industry since 2021. Prior to joining American Momentum Bank, he served as a credit analyst for Lone Star State … Read more
Corpus Christi-based American Bank announced that it has promoted Monique Espinosa to community development manager. In this newly created position, she will lead the bank’s community development team and be responsible for engaging with current and prospective clients throughout the bank’s South and Central Texas markets. She’ll also have responsibility for strategic initiatives related to … Read more
La Grange-based National Bank & Trust announced recently that Jennifer Schattle, CIA, has been promoted to vice president/compliance officer. Scott McManus, president and CEO, made the announcement. Schattle previously served as assistant vice president/assistant compliance officer. She was promoted to compliance officer in August 2023 and to vice president in March 2024. In addition to … Read more
Amarillo-based FirstBank Southwest has been donating to area schools through its School Spirit Card program since 2019. In 2024, 20 schools in the Texas Panhandle accessed the program to create, market and distribute customized debit cards with the school logo and mascot. The customized cards allow users to show off their school pride and give … Read more
Branches The OCC reports that Woodforest National Bank, based in The Woodlands, has established a branch in the HEB at 16000 Woodland Hills Dr. in Humble. The OCC reports that it has approved applications by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish the following branches: at the southwest corner of State Hwy. … Read more
Branches The OCC reports that it has approved an application by The First National Bank of Sonora, based in Sonora, to establish a branch at 205 Exchange Blvd. in Hutto. The OCC reports that National Bank & Trust, based in La Grange, has applied to establish a branch at 4401 S. Staples St. in Corpus … Read more
On March 13, Texas Banking Commissioner Charles G. Cooper announced that Humble-based Third Coast Bank SSB has completed its conversion to a Texas state-chartered bank from a state savings bank. The bank, a wholly owned subsidiary of Third Coast Bancshares Inc., was originally chartered in 2008 and enters the Texas Department of Banking’s portfolio with … Read more