Barroteran Promoted to Senior Vice President/Commercial Banking Manager at WestStar Bank

El Paso-based WestStar Bank has promoted Victor Barroteran to senior vice president/commercial banking manager. In this new role, Barroteran will lead and develop one of WestStar’s commercial banking teams to facilitate the expansion of new commercial business. With 27 years of experience, Barroteran brings a robust background in commercial banking, leadership and business development to his … Read more

Spring Hill State Bank in Longview Names Rhymes President

Les Mendicello, CEO and chairman of Longview-based Spring Hill State Bank, announced that the board of directors has appointed Wallace E. Rhymes III as president and bank director. Rhymes has served as executive vice president and advisory director since 2021. Rhymes joined the bank in 1997 and has more than 30 years of banking experience. … Read more

Illinois-based First Busey Corp. Enters Texas Market with Kansas-based CrossFirst Bankshares Merger

On August 27, Champaign, Illinois-based First Busey Corp., the holding company for Busey Bank, and Leawood, Kansas-based CrossFirst Bankshares Inc., the holding company for CrossFirst Bank, announced their plan to merge, pursuant to which CrossFirst will merge with and into Busey in an all-common stock transaction valued at approximately $916.8 million, based on Busey’s closing … Read more

Lone Star National Bank’s Deanda Appointed to Texas Economic Development Corp.

S. David Deanda Jr., president of McAllen-based Lone Star National Bank, was recently appointed vice chair of the Texas Economic Development Corp. board of directors by Texas Governor Greg Abbott. The organization is tasked with promoting Texas as the premier state for business domestically and internationally. Deanda’s extensive experience in the banking industry spans several … Read more

Oklahoma-based Bank Opens First Texas Branch in Frisco as First Lonestar Bank

First Lonestar Bank, a division of Oklahoma City, Oklahoma-based First Liberty Bank, has entered the Dallas/Fort Worth metroplex with the opening of its full-service office in Frisco on July 11. The branch is located at 2600 Dallas Pkwy., Ste. 140. First Lonestar Bank operated a loan production office in Frisco since January 2023. First Liberty … Read more

Goates Joins TexasBank as Market Manager in Stephenville

Brownwood-based TexasBank has hired Kelsey Goates to serve as vice president/market manager at the bank’s Stephenville location. She comes to TexasBank upon the announcement of Katharine Demetruk’s retirement. Demetruk recently celebrated 46 years in banking. Goates’ banking career started in 2013 as a teller and she quickly moved up the ranks to branch operations manager. … Read more

Federal Reserve Bank of Dallas Hires Docherty as Deputy General Counsel

The Federal Reserve Bank of Dallas has named Christine Docherty vice president and deputy general counsel. She will manage the agency’s legal department and provide regulatory counsel for the bank. She also will be responsible for implementing the strategic direction for the department and overseeing compliance. Docherty joins the Federal Reserve Bank of Dallas from … Read more

Forbes Releases Ranking of 2024 Best-in-State Banks

Forbes’ 2024 ranking of the Best-In-State Banks and Credit Unions was released at the end of June. The list provides a comprehensive look at the elite of America’s smaller financial institutions in 2024. Forbes collaborated with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states about … Read more

Vista Bank Receives Coveted ‘Outstanding’ CRA Rating from Federal Reserve System

In August, Dallas-based Vista Bank received the Federal Reserve System’s highest rating of “Outstanding” during a recent Community Reinvestment Act examination. Each year, only 13 percent of banks in the U.S. get the highest rating from the Federal Reserve. During a fiscal year that saw considerable challenges for the entire banking sector, the “Outstanding” rating … Read more

Missouri-based Legacy Bank & Trust Hires Marín to Direct Treasury Management Sales in Texas

Mountain Grove, Missouri-based Legacy Bank & Trust has appointed Jorge Marín senior vice president/director of treasury management sales. He will be responsible for leading the sales and expansion efforts of treasury management products across Texas. Marín has more than 30 years of experience in banking relationship management, specializing in business development, sales and client portfolio … Read more