TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 7, Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank, announced the creation of the Texas Capital Bank Foundation, a nonprofit entity that will expand and elevate the bank’s philanthropic giving. “Texas Capital Bank takes a holistic approach to serving our communities through strategic philanthropy and engagement,” says Rob C. … Read more
On December 6, Dr. Charlie McCormick, president of Schreiner University in Kerrville, announced the launch of the university’s new banking program, created to help students navigate rural-focused banking needs in Texas. Schreiner University students will be admitted into the program by the end of their sophomore year. Upon acceptance, they will receive a scholarship for … Read more
San Antonio-based Frost Bank’s Central Plano and Northwest Dallas locations—the seventh and eighth of 28 new financial centers to open in the bank’s Dallas region expansion—are open for business. The Central Plano branch opened on November 14 and the Northwest Dallas branch opened on the morning of December 12. A 154-year-old bank with deep Texas … Read more
Corpus Christi-based American Bank’s annual Holiday Bear Drive is back and underway. Donations of new stuffed teddy bears will be accepted at any American Bank or TexStar National Bank location through December 31. The stuffed bears are given to children and families who need comfort and support to help rebuild their lives. The bears will … Read more
American Banker has released its 2022 list of the “Best Banks to Work For,” which includes 11 banks based in Texas or with operations in Texas among the 90 listed. Like last year, Oakworth Capital Bank in Birmingham, Alabama, was ranked the Best Bank to Work For. Greater Community Bank in Rome, Georgia, is the smallest bank … Read more
On November 30, Charles G. Cooper, commissioner of the Texas Department of Banking, announced that The First Liberty National Bank, headquartered in Liberty, has completed its conversion to a Texas state-chartered bank from a national banking association. The bank began operating as First Liberty Bank under its new charter on November 30. A wholly owned … Read more
Omaha, Nebraska-based Pinnacle Bancorp Inc. and its subsidiary, Fort Worth-based Pinnacle Bank, have received regulatory approval for the acquisition of San Antonio-based Crockett National Bank. On December 1, Crockett National Bank changed its name to Pinnacle Bank. Its San Antonio, San Angelo, College Station, New Braunfels and Ozona branches will become part of Pinnacle Bank’s … Read more
On November 21, Charles G. Cooper, commissioner of the Texas Department of Banking, announced that Arlington-based Worthington National Bank has completed its conversion to a Texas state-chartered bank from a national banking association. Effective November 21, the new charter will begin operating under the name Worthington Bank. Originally chartered in 2002, Worthington Bank is a … Read more
On November 10, the Texas Women’s Foundation, in partnership with Dallas-based Texas Capital Bank, presented a forum at the Federal Reserve Bank of Dallas to address the challenges women are facing in the aftermath of the pandemic. The group focused on a recent study published by the foundation, Economic Issues for Women in Texas 2022. … Read more
During the grand opening, the Society of Samaritans (SOS) received a $10,000 donation from Woodforest Charitable Foundation: Beverly Points, SOS secretary and financial counselor (holding check); Becky Benham, SOS executive director (third from left); and Tammy Teale, SOS assistant executive director (second from left); along with Woodforest National Bank’s Brett Simms, assistant vice president/branch manager … Read more