TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 11, the UMB Charitable Foundation—a division of Kansas City, Missouri-based UMB Financial Corp. and its subsidiary bank, UMB Bank—announced a total donation of $2 million to nonprofit organizations within the corporation’s footprint, including Kansas City (seven), Denver (three), St. Louis (three), Omaha (one), Phoenix (three) and Dallas (three). This is the fourth consecutive … Read more
On December 3, Lubbock-based Peoples Bank participated in the national Giving Tuesday annual event by presenting donations to several local nonprofit organizations. The community service project was announced by Larry Allen, chair and CEO. The charities that received Peoples Bank donations included: Bounce Back Global CASA of Hill County Future of Nazareth High Point Village … Read more
In December, Laredo-based Texas Community Bank delivered a $3,500 donation to Affordable Homes of South Texas (AHST). This annual donation highlights the bank’s dedication to supporting nonprofits that address critical community needs, particularly housing and homeownership. “It feels really good to be welcomed by these organizations,” Connie Gonzalez, vice president and branch manager, told Texas … Read more
On December 12, Dallas-based Vista Bank announced a definitive agreement to sell seven rural locations—Abernathy, Hale Center, Haskell, Idalou, Petersburg, Plainview and Ralls—to Dimmitt-based First United Bank. The transaction is expected to close in the first quarter of 2025. Vista Bank will retain and expand its operational and retail presence in Lubbock. Established in 1912, … Read more
To honor regional banks that positively impact their communities, Newsweek and Plant-A Insights Group publish an annual list of “America’s Best Regional Banks [and Credit Unions]”* every December. The publication’s 2025 list includes 46 regional banks that operate in Texas, with 39 banks based in the Lone Star State. As Newsweek states, “Regional banks…are the … Read more
Corpus Christi-based American Bank’s 30th annual Holiday Bear Drive kicked off in December. The event provides an opportunity for American Bank clients, employees, neighbors and friends to donate stuffed bears to children and families in need of support as they rebuild and stabilize their lives. Donations of new stuffed teddy bears are being accepted at … Read more
In November, Karnes City-based Karnes County National Bank announced the formation of Karnes County National Bancshares Inc., a new holding company for the bank, according to a report in the Beeville Bee-Picayune. “The move aims to maintain the bank’s independence while supporting future growth and ensuring its position as a premier community bank in South … Read more
Pictured above: (seated) Janine Marshall, senior vice president/market president; and Patrick White, vice president/deposit and liquidity specialist; (standing) Dawn Chavez, senior vice president/treasury management solutions officer; and Diana Stringfellow, assistant vice president/senior relationship assistant.Dallas-based Susser Bank opened its first full-service branch in Collin County on November 25 at 6900 N. Dallas Pkwy. in Plano’s Legacy … Read more
On November 18, Natchitoches, Louisiana-based Grant Bancshares Inc., the holding company for BOM Bank, announced the completion of its acquisition of nine American State Bank locations across Texas. The acquired locations include branches in Haslam, Timpson, Center, Lufkin, Huntington, Chester and Conroe. With the expansion, BOM Bank now operates 26 branches and two operations facilities across … Read more
On November 21, Jacksonville-based Austin Bank and the Conroe/Lake Conroe Area Chambers of Commerce held a ribbon-cutting ceremony to celebrate the opening of the new full-service banking center in Montgomery. The ceremony was well attended by both chambers and business leaders, the Austin Bank leadership team and employees, along with associates from the SLI Group … Read more