TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On October 17, Charles McGuire, chairman of First Liberty National Bancshares Inc., the holding company of Liberty-based First Liberty Bank, and Kelly Stretcher, president and CEO of First Liberty Bank, announced that a definitive agreement has been executed wherein First Liberty National Bancshares Inc., has agreed to acquire 100 percent of the issued and outstanding … Read more
On October 16, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the bank’s parent company, has entered into an agreement to acquire Houston-based Chasewood Bank. Chasewood Bank serves northern Harris County with two locations and reports assets of approximately $88 million. The merger is expected to close … Read more
On September 24, Dubuque, Iowa-based Capra Bank broke ground on its new, permanent Texas location at 12115 Slide Rd. in Lubbock. The Lubbock Chamber of Commerce ambassadors, local business leaders and Capra Bank associates were in attendance. The Texas Tech University mascot, Raider Red, made an appearance and helped to turn the dirt during the … Read more
Corpus Christi-based American Bank was recently presented with the Ted Oakley Legacy of Change Award by Foster Angels of South Texas. Named after Foster Angels founder, Ted Oakley, the award honors an organization or individual whose philanthropic efforts are creating an exceptional impact to further the mission of Foster Angels of South Texas. The award … Read more
On October 1, El Paso-based WestStar Bank and Chicago, Illinois-based Hub International Limited, a leading global insurance brokerage and financial services firm, jointly announced the sale of the assets of WestStar Insurance Agency Inc. to Hub. Located in El Paso, WestStar Insurance is a subsidiary of WestStar Bank. It has focused on business insurance, employee … Read more
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