TEXAS BANKING NEWS, PEOPLE and IDEAS
Neil Ferguson 
Dan Droege was recently promoted to executive vice president and regional president at Jacksonville-based Austin Bank. The promotion was announced by Jeff Austin III, chairman of the board. Droege joined the bank in 2017 as a senior vice president and relationship manager in the Longview Oak Forest office and was promoted to Longview market president … Read more
Dallas-based Susser Bank will more than double its space by moving its headquarters from the Crescent in Uptown Dallas to another iconic Dallas location to accommodate growth, according to a recent article in the Dallas Business Journal. The bank also plans to expand into new Texas markets, including its first branch in Collin County. Both … Read more
Mergers and Acquisitions The TDB reports that Oakwood Bank, based in Dallas, has applied to merge into b1BANK, based in Baton Rouge, Louisiana. Name Changes The TDB reports that it has approved an application by First State Bank, based in Abilene, to change its name to Avana Bank. Branches The TDB reports that Frost Bank, … Read more
Branches The TDB reports that Veritex Community Bank, based in Dallas, has established a branch at 4660 Sweetwater Blvd. in Sugar Land. The TDB reports that it has approved an application by Frost Bank, based in San Antonio, to establish a branch at 8111 N. FM 620 in Austin. The TDB reports that Susser Bank, … Read more
Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 14309 E. Sam Houston Pkwy. N in Houston. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch … Read more
Mergers and Acquisitions The TDB reports that First Texas Bank, based in Georgetown, has applied to merge with First Texas Bank, based in Killeen. Name Changes The TDB reports that First State Bank, based in Abilene, has applied to change its name to Avana Bank. Home Office Relocations The TDB reports that Susser Bank, based … Read more
On July 24, San Antonio-based USAA announced that Jeff Wallace , who currently serves as chief financial officer, will become the company’s new chief audit executive. Brett Seybold, senior vice president and senior financial officer for USAA’s property and casualty business, will replace Wallace as CFO. “As we transform the association to meet our members’ … Read more
Longview-based Texas Bank and Trust has promoted Sabrina Dickerson to vice president and community relations manager in the bank’s marketing division. She joined the bank in 2013 and has worked as a branch services representative, operations manager, regional retail manager and, most recently, assistant community relations manager. Dickerson is a graduate of the bank’s TBT … Read more
Houston-based Cornerstone Capital Bank has expanded its leadership team with seven key hires. Patrick Ramsier has joined Cornerstone Capital Bank as president/capital markets CRE, bringing more than 35 years of commercial real estate finance experience. Prior to joining Cornerstone, he built successful on-book commercial real estate platforms at both LegacyTexas Bank and Southside Bank, for … Read more
Bowie-based Legend Bank recently announced that Jason McMahon has joined the bank as a commercial lender/senior vice president, serving North Richland Hills and surrounding areas. McMahon is a longtime banker with a career that spans more than 28 years in financial institutions. Most recently, he was a senior vice president at First National Bank in … Read more