TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
Jerry Craft, chairman of the board at Jacksboro National Bank, celebrates a career milestone this year: 50 years as a Texas community banker. His service has not gone unnoticed. “As old as I am, I better have done something in my life,” Craft told North Texas Farm & Ranch magazine in 2014. He certainly has … Read more
By Sean C. Payant, Ph.D. Many bank executives spend considerable time thinking about strategies to improve overall profitability and create sustainable growth. According to what is conveyed in banking industry publications and gleaned at trade shows and conferences, the industry’s best practices generally focus on strategies to cut expenses—using technology, looking at staffing levels, increasing … Read more
Dallas-based Comerica Bank is expanding its support for small businesses in North Texas with a new program, Comerica SmallBizCo-Op, which will share the bank’s assets and resources with small-business customers in the region to help them achieve their goals. The pilot program is available at no cost to the bank’s small-business customers in North Texas … Read more
Woodway-based Alliance Bank Central Texas hosted a groundbreaking ceremony for its new banking center in Temple on February 16. The full-service bank will be located at 408 Hilliard Rd. and mark the seventh branch spread out around Central Texas in Waco, Temple, Belton, Georgetown, Donie and Jewett. The project is scheduled to be completed in … Read more
For the first time in more than 10 years, West Texas A&M University (WT) in Canyon has a newly established school, following a $3 million gift from Amarillo National Bank. It’s the largest gift in the bank’s history. The university’s department of accounting, economics and finance in the Paul & Virginia Engler College of Business … Read more
Brownwood-based TexasBank recently announced the appointment of Wayne Garrett, founder and CEO of BentOak Capital, and Mark Denton, former managing director of JPMorgan Chase’s Private Bank, to its board of directors. Garrett is also a founding partner of Snow Garrett Williams CPAs. Garrett has received numerous awards and recognition for his professional service. He is … Read more
Tom Farris, chairman of Floydada-based First Texas National Bank, has announced the following promotions. T.K. Farris has been named chief executive officer of the bank. A graduate of Texas Christian University and the Southwestern Graduate School of Banking at Southern Methodist University, Farris has been with First Texas National Bank since 2017. His experience is … Read more
First State Bank of Uvalde Chairman Chip Briscoe and President and CEO Chad D. Stary recently announced that Jones “Joe” Neville Haynes has been elected to the First State Bank of Uvalde board of directors. Haynes recently retired as managing partner, president, CEO and chairman of Sanger & Altgelt LLC, a premier insurance agency headquartered … Read more
Rusty Hitt, CEO of Corsicana-based Community National Bank & Trust of Texas, has announced the promotion of five bank officers in Waxahachie, Fairfield, Corsicana and Leon County. Alfred Vega was promoted to executive vice president/chief credit officer. He has been with the bank’s Waxahachie location since 2016. Vega graduated from the University of Texas–Arlington, where … Read more
Liberty-based First Liberty Bank announced a number of promotions during its board of directors meeting held in mid-December. “These talented individuals have played a big part in our success as a community bank through their hard work and dedication,” says Charles McGuire, chairman. “Our board of directors takes great pleasure in recognizing these deserving individuals … Read more