TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Leawood, Kansas-based CrossFirst Bank has announced plans to enter the Fort Worth market. The bank received regulatory approval to open a full-service bank at 100 Throckmorton St., Ste. 150. It operates a temporary office at 420 Throckmorton St., Ste. 250, with plans to relocate to its permanent Fort Worth location in late summer 2023. Experienced banking … Read more
On March 28, Birmingham, Alabama-based ServisFirst Bank, a subsidiary of ServisFirst Bancshares, announced the expansion of its correspondent banking division into Texas. Launched in 2011, the bank’s correspondent banking division currently operates in 27 states for 344 correspondent bank customers. Veteran banker Don Dickerson will serve as senior vice president/correspondent banking for the Texas region. He … Read more
Elgin-based Frontier Bank of Texas is celebrating the grand opening its newest location in Taylor at 4 p.m. on April 5. The celebration will mark the official opening of Frontier Bank’s ninth Central Texas location and the third in Williamson County. The new Taylor facility is located at 813 N. Main St. “This grand opening … Read more