TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On October 3, the Independent Bankers Association of Texas (IBAT) announced that it has teamed up with Community Capital Technology Inc., a newly endorsed provider of the community banking organization, to offer IBAT Loan Marketplace, a digital platform designed to empower Texas community banks to buy, sell, participate in and originate loans more transparently and … Read more
Dallas-based Susser Bank has opened its first full-service branch in Austin, just a few miles from the state capitol and the University of Texas. Located on the first floor at 901 S. MoPac Expwy., the branch is situated within Barton Oaks Plaza, a prime spot to support Austin’s rapid economic growth. “Susser Bank first entered … Read more
On September 19, Liberty Capital Bancshares Inc., the holding company for Addison-based Liberty Capital Bank, announced its plans to merge with Southwestern Bancorp Inc., the holding company for Boerne-based Texas Heritage Bank. The merger is based upon long-standing respect and mentorship between Texas Heritage Bank principals Jack Griggs and Steve Mack and the co-founder of Liberty … Read more
The SW Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) is registering participants for its National Certified Community Bank Director’s (NCCBD) Program, October 21–23 on the SMU campus. Regulatory expectations and wise management often demand a skill set that many bank directors are eager to enhance. NCCBD is a comprehensive curriculum that addresses … Read more
In September, Business First Bancshares, the holding company for Baton Rouge, Louisiana-based b1BANK, received regulatory approvals to complete its merger with Oakwood Bancshares, the holding company for Dallas-based Oakwood Bank, a Texas banking association. “We appreciate our regulatory partners’ efficient review of the proposed transaction as well as the strong affirmation expressed by the Oakwood … Read more
Lubbock-based Peoples Bank recently celebrated 25 years of service. The bank was established in 1999 when a group of investors led by Larry Allen and Todd McKee purchased Lorenzo State Bank in Lorenzo, which held a charter established in 1968. In 2000, the bank built its headquarters on 82nd St. in Lubbock. By 2005, the headquarters … Read more
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
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
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
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