TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
FSBH Inc. has agreed to acquire Farmers Bancshares Inc., the parent company of Center-based Farmers State Bank. Upon completion of the merger, management and the employees of the bank will remain in place and there will be no change in the business plan of the bank. The transaction is expected to close in the fourth … Read more
Waco-based The First National Bank of Central Texas recently opened a new banking center in Gatesville. A new facility is currently under construction at 2908 E. Main St. It is expected to open in late 2023 or early 2024. Currently, the bank is operating a temporary location at 1400 E. Main St. in Gatesville. “We … Read more
On July 10, Oklahoma City, Oklahoma-based Valliance Bank announced the establishment of a Fort Worth advisory board. The board will work in tandem with market president Chad Kerr and his team. “Each of these individuals brings their own unique gifts, talents and experiences,” Kerr notes. “We are excited to have them as part of the Vbank … Read more
Texas Regional Bank CEO Michael Scaief and director of the North San Antonio Chamber of Commerce Rich WeimertOn July 20, Harlingen-based Texas Regional Bank held a ribbon-cutting ceremony to celebrate the official opening of its first banking center in San Antonio. This marks the bank’s 29th location in Texas and 10th in the Hill Country … Read more
On July 14, Henderson-based VeraBank announced that it has received the 2023 Financial Services Impact Award in the “Speed” category by North Carolina-based nCino, a financial technology company. The company’s cloud-based banking software helps financial institutions gain efficiencies from digitizing and streamlining processes in commercial banking, small-business banking and retail banking. The award recognizes stand-out … Read more
The SW Graduate School of Banking (SWGSB) Foundation will convene its 156th Assembly for Bank Directors at the Fairmont Empress in Victoria, British Columbia, August 24–27 to plan for a successful future, focusing on community banking and new imperatives. The conference will be guided by the industry’s leading authorities on community banks and their competitive … Read more
American Banker recently released its 2023 list of top-performing large community banks. The publication’s annual ranking takes a look at how larger community banks are performing in terms of a number of key metrics. Banks with assets between $2 billion and $10 billion of assets were ranked based on their three-year average return on average … Read more
On July 12, Jacksonville-based Austin Bank and the Gilmer Chamber of Commerce held a ribbon-cutting ceremony to celebrate the opening of the new full-service banking center in Gilmer, Texas. The event was well attended by members of the Chamber and Gilmer ISD, business leaders, the Austin Bank leadership team and employees, along with associates of … Read more
The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, has announced the 15 recipients of its 2023 Cornerstone and Leader in Financial Education (LiFE) Awards. Each of the banks or bankers selected has demonstrated excellence in community involvement or has promoted financial education in its communities. “These awards celebrate the banks and … Read more
On June 26, San Antonio-based Frost Bank announced that it will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026. The company expects the expansion will further strengthen Frost Bank’s position in the Austin region, the third-largest deposit … Read more