TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established the following branches: 9324 Summer Creek Dr. in Fort Worth and 1055 Market Way Rd. in Argyle. The agency also reports that it has received applications by JPMorgan Chase Bank to establish the following branches: at the southeast corner of … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by SouthState Bank NA, based in Winter Haven, Florida, to acquire Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that it has approved an application by Powell State Bank, based in Powell, to be acquired by Producer Acquisition Corp. The … Read more
San Antonio-based Broadway Bank has appointed Jason McComack executive vice president and chief information technology officer. He is responsible for transforming the bank’s technology, data strategy and information security to deliver a best-in-class customer experience. McComack brings a 25-year financial technology career to Broadway Bank, most recently serving as operations vice president at a payment … Read more
Jacob Cavazos, senior vice president/community reinvestment manager at San Antonio-based Broadway Bank, has been named one of 12 national recipients of the American Bankers Association’s (ABA) 2024 “Emerging Leader Award.” This annual program honors rising bank leaders who demonstrate exceptional commitment to excellence, innovation and service to their industry and communities. “This year’s ABA Emerging … Read more
On December 12, executive officers of Beaumont-based Producer Bancorp announced their official status as a bank holding company with the closing of their acquisition of Powell-based Powell State Bank. According to Don Legato, president and CEO of Producer Bancorp, the plan is for the bank to continue to operate as usual in its current location … Read more
Tanya T. Castro has been appointed senior vice president/wealth strategist in the trust and wealth management division at Harlingen-based Texas Regional Bank. She will serve the bank’s Houston area market. With more than 20 years of experience in trust and estate administration and wealth management, Castro brings a proven track record in developing tailored strategies … Read more
Bank of Texas has hired Christine Keating for its corporate banking team as senior vice president/corporate banking manager. In this role, she will lead a Dallas-based team and manage a portfolio of clients with revenues of more than $70 million. Keating brings more than 15 years of nationwide lending experience to her new post. Prior … Read more
Dallas-based American Momentum Bank has hired Nafis Nasim to serve as vice president/SBA business development officer III. American Momentum Bank is a designated “SBA Preferred Lender,” according to the U.S. Small Business Administration (SBA). The Tampa, Florida-based SBA Lending Division has been on a growth trajectory since announcing its national expansion in 2022. The bank … Read more
Terrell-based American National Bank of Texas (ANBTX) celebrated its new loan production office in Fair Park with a grand opening ceremony on December 10. The LPO, located at 820 Exposition Ave., was first announced in June as part of ANBTX’s ongoing efforts to bring opportunities and investment to Southern Dallas County. The new location, which serves … Read more
On December 11, the UMB Charitable Foundation—a division of Kansas City, Missouri-based UMB Financial Corp. and its subsidiary bank, UMB Bank—announced a total donation of $2 million to nonprofit organizations within the corporation’s footprint, including Kansas City (seven), Denver (three), St. Louis (three), Omaha (one), Phoenix (three) and Dallas (three). This is the fourth consecutive … Read more