Colorado-based FirstSun Capital Bancorp/Sunflower Bank to Acquire Austin-based Pioneer Bancshares

Denver, Colorado-based FirstSun Capital Bancorp, the holding company of Sunflower Bank NA, and Austin-based Pioneer Bancshares Inc., the holding company of Pioneer Bank SSB, jointly announced on May 11 that they have entered into a definitive agreement pursuant to which Pioneer Bancshares and Pioneer Bank will merge with and into FirstSun Capital Bancorp and Sunflower … Read more

Community National Bank & Trust of Texas Celebrates Grand Opening of Waxahachie Branch

Corsicana-based Community National Bank & Trust of Texas celebrated the addition of a full-service branch in Waxahachie with a grand opening event on May 11. The event commenced with a double ribbon cutting provided by the Waxahachie Chamber of Commerce and Red Oak Chamber of Commerce, both of which the bank holds membership. “The bank … Read more

North Dallas Bank & Trust Co. Celebrates 60 Years in Business

In 1961, North Dallas Bank & Trust Co. opened its doors to customers at the corner of Preston Road and Forest Lane in Dallas with $2 million in total assets, three officers and seven employees. Today, the bank is celebrating 60 years in business with $1.5 billion in total assets, more than 160 employees and … Read more

Peoples Bancorp Completes Acquisition of Baylor Bancshares

On May 3, Lubbock-based Peoples Bancorp Inc., the parent company of Peoples Bank, announced the successful closing of the previously announced acquisition of Seymour-based Baylor Bancshares Inc., the parent company of the First Bank & Trust. The merger agreement was unanimously approved by the boards of directors of both bank holding companies and their subsidiary banks … Read more

Five Honorees Inducted into Texas Bankers Hall of Fame

On April 22, five legendary bankers were inducted into the Texas Bankers Hall of Fame during the Eighth Annual Texas Bankers Hall of Fame Gala on the campus of Sam Houston State University (SHSU) in Huntsville. These prestigious bankers—the late James B. Bexley, Lloyd R. Ferguson, William David Lacy, Victor Pierson and Allan James Rasmussen—were recognized … Read more

Forbes 2021 Best Bank List Includes Eight Based in Texas

In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more

Texas Bankers Association Partners with CareerWork$ to Expand Its BankWork$ Free Career Training Program Across Texas

The Texas Bankers Association (TBA) has partnered with national nonprofit organization CareerWork$ to support the expansion of its signature free vocational training program, BankWork$, in Texas. The program, which currently operates classes at Dallas College, helps young adults from low-income communities build meaningful careers in banking through a free eight-week career training program, with placement assistance … Read more

California-based East West Bank Contributes to Texas Storm Relief

Pasadena, California-based East West Bank, which operates 13 locations in the Texas/Southwest region, presented a $10,000 contribution to the Houston Food Bank on April 12 to support local organizations that are aiding communities disproportionately impacted by the severe weather crisis that hit Texas in mid-February. As families grapple with both the health and economic impacts … Read more

FirstBank Southwest Opens Loan and Deposit Production Office in Fort Worth Market

Amarillo-based FirstBank Southwest has announced its new loan and deposit production office in Fort Worth. Matt Murray and Scott Whitaker will both serve as vice president/commercial banker for the new Fort Worth marketplace. Prior to joining FirstBank Southwest, Murray and Whitaker managed an extensive customer portfolio for which they maintained primary oversight of all goals, lending and … Read more

Frontier Bank Going Solar, Leading Efforts to Reduce C02 Impact

When a bank launches a green initiative, sustainability may not be the first thing that comes to mind, but Elgin-based Frontier Bank of Texas is changing that perception on several fronts. From the installation of solar energy panels to the financing of commercial conservation efforts, Frontier Bank is breaking new ground by identifying and acting … Read more