TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On April 10, Dallas-based Texas Security Bank announced the grand opening of its new location in Southlake. The Tarrant County location is the bank’s fourth branch in the Dallas/Fort Worth area as it seeks to grow its presence in the region. The branch is located at 2102 E. State Hwy. 114, Ste. 109, in the District … Read more
On April 27, the Texas Bankers Association (TBA) announced a partnership with the Texas Department of Banking to launch a jugging safety campaign aimed at increasing public awareness about the risks of jugging and providing practical tips to consumers on how to stay safe. Jugging, a type of robbery that often occurs after withdrawing cash … Read more
Fort Worth Mayor Mattie Parker, center, with Wade Donnell, president and CEO of NBT Financial Bank, and Steve Eargle, NBT Financial Bank chairmanFort Worth-based NBT Financial Bank is celebrating its 50th anniversary as a locally owned and operated independent community bank. Founded as The National Bank of Texas at Fort Worth in 1973 near N.E. … Read more
On April 17, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas Inc., the parent company of Midland-based FirstCapital Bank of Texas NA. The merger is expected to be effective as of May … Read more
Texas community bankers are heading to Capitol Hill in May for the Independent Community Bankers of America’s 2023 Capital Summit and the Independent Bankers Association of Texas’ 29th Annual Congressional Visit, being held in tandem May 14–17 in Washington, D.C. The purpose is to advocate for the community banking industry in person. It’s the year’s … Read more
On April 3, more than 160 golfers participated in the Susser Bank Scouting Classic golf tournament at the Trophy Club Country Club in Trophy Club, Texas (near Grapevine Lake north of Fort Worth). It benefitted the Boy Scouts of America Circle Ten Council and Longhorn Council. The event raised more than $250,000 to support the … Read more
On April 4, Texas Governor Greg Abbott commended Texas banking institutions for helping provide support to communities as a financial backbone. Abbott’s remarks were part of a ribbon-cutting ceremony to celebrate the completion of the new Texas Bankers Association (TBA) headquarters building in Austin. During the ceremony, the governor thanked TBA’s 400-member banking institutions for … Read more
Corpus Christi-based American Bank has completed its acquisition of San Antonio-based TexStar National Bank after a successful core systems conversion in late March. TexStar National Bank, its clients and six San Antonio-area branches are now fully integrated and part of the American Bank system. The acquisition, which received regulatory approval and became effective in October … Read more
On March 28, two West Texas community banks came together to support a mission that will improve the lives of teachers, first responders and the Midland Memorial Medical staff by providing affordable housing opportunities in Midland. Midland-based Community National Bank and West Texas National Bank, both known for their philanthropic efforts in the Permian Basin, … Read more
Durant, Oklahoma-based First United Bank has opened a new location in Plano. The bank calls itself a “values-based organization committed to helping people live a lifestyle [the bank describes as] ‘Spend Life Wisely’—centered around four pillars: faith, financial well-being, health and wellness, and personal growth.” In April, the bank is hosting grand-opening events, inviting the … Read more