TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Michael Hsu, acting comptroller of the currency, and Dr. Yue (Nina) Chen, the Office of the Comptroller of the Currency’s (OCC) newly appointed chief climate risk officer, visited Texas in mid-September to meet with OCC-regulated community bank leaders in Lubbock. Among other topics on the agenda, Hsu was focused on better understanding climate risk and its … Read more
The Texas Tech School of Banking recently completed its 2022 session. Banking professionals from across Texas and three other states convened at Rawls College of Business on the campus of Texas Tech University in Lubbock for the program. Established in 1973, the school offers a blend of traditional academic coursework and interactive lecture sessions hosted … Read more
On September 8, Kemp-based Harmony Bank NA and Dallas-based Texas Brand Bank announced that they have signed a definitive agreement in which Harmony Bank will merge with and into Texas Brand Bank. The merger agreement, announced by former Texas State Senator John J. Carona, chairman of Harmony Bank, and Edward B. Tomlinson II, chairman of … Read more
The Southwestern Graduate School of Banking (SWGSB) Foundation will convene its 155th Assembly for Bank Directors at The Ritz-Carlton Beach Resort in Naples, Florida, January 19–22 to plan for a successful future, focusing on community banking and new imperatives. The conference will be guided by the industry’s leading authorities on community banks and their competitive … Read more
Henderson-based VeraBank continues to grow in Southeast Texas with the opening of a new branch in Conroe. The new full-service location will be VeraBank’s first in Montgomery County and third in Southeast Texas. The Conroe branch, located at 200 River Pointe Dr., Ste. 100, officially opened on August 8 and will host a grand opening … Read more
On July 26, Great Plains Bancshares Inc., along with its subsidiary, Elk City, Oklahoma-based Great Plains National Bank, announced that it has entered into a definitive agreement to acquire Providence Bancshares Corp. and its wholly owned subsidiary, Southlake-based Providence Bank of Texas SSB. The acquisition expands Great Plains Bancshares’ growing footprint in the Dallas/Fort Worth … Read more
On July 1, the San Angelo Standard-Times reported that Fort Worth-based Pinnacle Bank, a subsidiary of Omaha, Nebraska-based Pinnacle Bancorp Inc., has agreed to acquire San Antonio-based Crockett National Bank. Completion of the transaction is expected in the second half of 2022. Following completion of the deal, Crockett National Bank’s locations will become part of Pinnacle … Read more
On August 3, Killeen-based First National Bank Texas (FNBT) and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented $72,000 to the Dallas Area Habitat for Humanity in a ceremonial check presentation. FNBT and FHLB Dallas provided the funding from FHLB Dallas’ Homebuyer Equity Leverage Partnership (HELP) program in 2022 to help 12 income-qualified, first-time … Read more
Durant, Oklahoma-based First United Bank has been awarded the prestigious Sustainability Leadership Design Award from CoreNet Global–North Texas for its banking office on Taylor Street in Sherman. CoreNet Global is a leading professional association for corporate real estate and workplace executives, service providers, and economic developers. The Sustainability Leadership Design Award celebrates work that accelerates … Read more
Killeen-based Fort Hood National Bank is changing its name to First Heroes National Bank, effective September 1. The bank explained the change “as part of our ongoing dedication to serving soldiers and their families worldwide” on its website, adding that, “for over 55 years, our mission has been ‘Serving Those Who Serve.’” Retired Army Col. … Read more