TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson Branches The OCC reports that it has approved an application by The Huntington National Bank, based in Columbus, Ohio, to establish a branch at 14025 Northwest Fwy. in Houston. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish a branch at the northwest corner of Texas State Hwy. … Read more
Bank Charters The TDB reports that Alba Bank, based in Houston, has applied to establish a state bank charter. Mergers and Acquisitions The OCC reports that Sunflower Bank NA, based in Dallas, has completed its acquisition of First Foundation Bank, based in Irvine, California. The TDB reports that City Bank, based in Lubbock, has completed … Read more
In April, Henderson-based VeraBank announced a new commercial banker in Conroe, as well as a new wealth management team member. Billy Brannon has joined the bank as senior vice president/commercial banker at its Conroe location. He was born and raised in Conroe and is excited to return home to support the area where his roots … Read more
Larry Allen, area chairman of Lubbock-based Peoples Bank, has announced the promotion of Marcus Brockman to rural markets president. He has been with Peoples Bank for 21 years. Brockman grew up in Nazareth and helped open the Peoples Bank branch there. He has been serving customers in that community as a lender since the Nazareth … Read more
On March 31, Arlington-based Worthington Bank announced the hiring of Mark Evans to serve as chief lending officer and Brian Compton as Arlington market president. Evans succeeds the current chief lending officer, Dan Mocio, who recently retired. “Both Compton and Evans bring a total of six decades of industry experience with them to Worthington Bank,” … Read more
Durant, Oklahoma-based First United Bank has appointed Justin Sanderson to serve as chief transformation officer. Officing in Plano, he will lead the bank’s enterprise-wide transformation initiatives focused on growth, innovation and customer experience. Sanderson will focus on aligning strategy and technology. He will work across business lines to drive initiatives that improve efficiency, strengthen engagement … Read more
Sulphur Springs-based Alliance Bank announced that it has promoted two team members to serve as regional presidents. The promotions were announced by James Law, president and CEO. J. Corky Randolph has been promoted to senior vice president/regional president for Rockwall. Collin and Hunt counties. He previously served as the bank’s Rockwall County market president. He … Read more
Round Rock-based R Bank has hired Buster Williams to serve as senior vice president/director of finance. He will lead the finance team and oversee financial strategy, budgeting and long-term planning. Prior to joining R Bank, Williams spent more than a decade in investment banking with Stephens Inc. in Dallas, advising Texas community banks and regional … Read more
In mid-March, Midland-based Community National Bank announced numerous officer promotions and market president appointments. Sterling Swack has been named the Lubbock market president, bringing with him more than 14 years of banking experience. He has been a member of the Community National Bank team since 2017, most recently serving as Odessa market president, where he … Read more
On March 11, Weatherford-based First Bank Texas announced that Zan Sharp Prince, chair, has recently been appointed to the boards of both the West Texas Rehabilitation Center and the Independent Bankers Association of Texas (IBAT). The West Texas Rehabilitation Center, a nonprofit organization dedicated to providing life-changing outpatient therapy and support services to individuals with … Read more