TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Durant, Oklahoma-based First United Bank , which currently operates 39 branches in Texas, has received the prestigious 2024 Gallup Exceptional Workplace Award. This accolade celebrates organizations with the most engaged workplace cultures globally. The Gallup Exceptional Workplace Award winners boast a ratio of engaged employees to disengaged employees that is 11 times higher than the … Read more
On April 9, McGregor-based TFNB Your Bank for Life announced the opening of its sixth location in the heart of Woodway/Hewitt. The branch is located at 9205 Oak Creek Dr. near the intersection of Hwy. 84 and Woodway/Hewitt Dr. “TFNB’s mission is to be the community bank of choice among our peers as corporate citizens … Read more
On March 20, S&P Global Market Intelligence released its annual rankings for 2023’s Best-Performing Community Banks (with assets between $3 billion and $10 billion), Best-Performing Community Banks with Assets Below $3 Billion and Top-Performing U.S. Public Banks (with more than $10 billion in total assets). Additionally, S&P Global Market Intelligence announced the annual rankings of … Read more
On March 19, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals to complete its previously announced acquisition of Lone Star State Bancshares Inc., the parent company of Lubbock-based Lone Star State Bank of West Texas. Alan Lackey, CEO of Lone Star State Bank, will … Read more
On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more
On March 12, Dallas-based Vista Bank affirmed its continued commitment to South Dallas, announcing a new banking center location at the intersection of Martin Luther King Blvd. and J B. Jackson. The first bank to open in the Fair Park neighborhood of South Dallas in almost three decades, Vista Bank invested more than $3 million … Read more
Amarillo-based FirstBank Southwest has been donating to area schools through its School Spirit Card program since 2019. In 2024, 20 schools in the Texas Panhandle accessed the program to create, market and distribute customized debit cards with the school logo and mascot. The customized cards allow users to show off their school pride and give … Read more
On March 13, Texas Banking Commissioner Charles G. Cooper announced that Humble-based Third Coast Bank SSB has completed its conversion to a Texas state-chartered bank from a state savings bank. The bank, a wholly owned subsidiary of Third Coast Bancshares Inc., was originally chartered in 2008 and enters the Texas Department of Banking’s portfolio with … Read more
Wallis-based Wallis Bank is opening a new full-service branch in Sugar Land, Texas, anticipated for the third quarter of 2024. The branch will offer comprehensive banking services, state-of-the-art facilities, community engagement and an experienced team. “This milestone is a testament to the dedication of growth that Wallis Bank has instilled,” says Aziz Rahim, Sugar Land area … Read more
On March 1, San Antonio-based Frost Bank announced that it has reached an agreement in principle for a major sponsorship totaling $1 million to support the redevelopment of the Alamo. The sponsorship will support the revitalization and improvement of the Alamo’s historic buildings and grounds, delivering an updated experience to the 1.6 million guests visiting … Read more