TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
In October, Houston-based Gulf Capital Bank announced that Allan Li, CEO of Pamarco Technologies LLC, has joined the bank’s board of directors. Pamarco Technologies is an industrial manufacturing company that supplies and services major multinational integrated packaging suppliers and OEM firms worldwide. Li also serves as a managing director and board member of Kotts Capital … Read more
Keith Shurtleff is retiring as Hopkins County market president from Sulphur Springs-based Alliance Bank after 29 years of service. Upon his retirement at the end of January 2025, Jason Thompson, a lifelong member of the community, will assume the role of Hopkins County market president. “Keith’s dedication, leadership and unwavering commitment to Alliance Bank and … Read more
By DR. SEAN PAYANT, CHIEF STRATEGY OFFICER, HABERFELD In our ever-changing industry, many community bankers fall into the trap of trying to grow market share by following the lead of the “big banks.” Many of them are finding it just doesn’t work. Customers continue to flee from banks that focus on regular service charges and … Read more
Hondo-based TXN Bank recently announced the promotion of Breanne Prestage-Granberg to president. She has served TXN Bank (and previously Community National Bank of Hondo) for 21 years in a variety of positions. Ronnie Miller, who will continue to serve as CEO, notes that Granberg is committed to furthering the growth and culture of TXN Bank … Read more
Loan Production Offices The OCC reports that it has approved an application by First National Bank Texas, based in Killeen, to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a … Read more
Mergers and Acquisitions The TDB reports that Independent Bank, based in McKinney, has applied to merge into SouthState Bank NA, based in Winter Haven, Florida. Main Offices The OCC reports that it has approved an application by The First National Bank of Eagle Lake, based in Eagle Lake, to relocate its home office from 100 … Read more
Mergers and Acquisitions The TDB reports that Sunflower Bank, based in Dallas, has withdrawn its application to merge with HomeStreet Bank NA, based in Seattle, Washington, and has also withdrawn its application to convert to a national association. Branches The OCC reports that VeraBank NA, based in Henderson, has applied to establish a branch at … Read more
On December 12, Dallas-based Vista Bank announced a definitive agreement to sell seven rural locations—Abernathy, Hale Center, Haskell, Idalou, Petersburg, Plainview and Ralls—to Dimmitt-based First United Bank. The transaction is expected to close in the first quarter of 2025. Vista Bank will retain and expand its operational and retail presence in Lubbock. Established in 1912, … Read more
Ben Butler has joined Bowie-based Legend Bank as vice president/commercial lender. He will serve customers in the bank’s Sherman and Denison markets. Butler brings more than nine years of experience in banking. Prior to joining Legend Bank, he was a mortgage loan officer at Be My Neighbor Mortgage in Denison and before that served as … Read more
Perry Ginn, regional market president at Terrell-based American National Bank of Texas, has been selected as the 2024 Banker of the Year by the Tarrant County Bankers Association. He was honored at the organization’s Banker of the Year luncheon on December 12 at the River Crest Country Club in Fort Worth. Ginn has more than 40 … Read more