TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On March 21, San Antonio-based Broadway Bank announced a $4 million equity investment to the Austin Housing Conservancy (AHC) Fund to support affordable moderate-income rental housing in Central Texas. Formed in 2018 to address rising housing expenses, the AHC fund invests and preserves multifamily properties by maintaining their affordability to moderate and middle-income families. AHC … Read more
On March 9, Jacksonville-based Austin Bank broke ground on its newest full-service banking center in The Woodlands at Creekside Park. The ceremony was well attended by the Austin Bank leadership team, employees, both Montgomery and The Woodlands Chambers of Commerce, the Howard Hughes Corp. and area business leaders, along with the architect and general contractor, … Read more
On February 24, the Texas Tech University Health Sciences Center El Paso (TTUHSC El Paso) announced a historic $10 million gift from L. Frederick “Rick” and Ginger Francis that will endow the university’s graduate school and advance the future of biomedical sciences. As part of the Francis’ gift, and in honor of their unwavering commitment and … Read more
Paris-based Lamar National Bank recently broke ground on its newest full-service branch in Anna located at 1515 W. White St. The ground-breaking ceremony was well attended by Anna city officials, including the mayor and mayor pro tem, as well as numerous additional officials and business leaders, including the Anna Chamber of Commerce. Lamar National Bank … Read more
On March 8, FirstSun Capital Bancorp, the holding company for Denver, Colorado-based Sunflower Bank NA, and Pioneer Bancshares Inc., the holding company for Austin-based Pioneer Bank SSB, jointly announced the receipt of all required regulatory approvals to merge Pioneer Bancshares and Pioneer Bank with and into FirstSun Capital Bancorp and Sunflower Bank, respectively, in an … Read more
In January, FNBK Holdings Inc. and its wholly owned subsidiary, First National Bank of Kemp, and Rice-based First State Bank announced that they have entered into an agreement whereby FNBK Holdings Inc. would acquire First State Bank. Upon closing of the transaction, expected in the second quarter of 2022, First State Bank will be merged … Read more
On March 3, Elgin-based Frontier Bank of Texas hosted a grand opening celebration for its newest branch at 7509 O’Connor Dr. in Round Rock. The community bank renovated an existing building to include a customer lobby, drive-up banking, night deposit and ATM services. “We know that Round Rock is a vibrant and unique community and … Read more
Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp Inc. and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank National Association. The acquisition became effective March 1. “This partnership in the Houston area is an important step in the widening of our footprint … Read more
Choudrant, Louisiana-based Origin Bank has announced the opening of its new Midway banking center, located at 13601 Midway Rd. in Dallas. The new location, led by Shash Manocha, banking center manager, will offer personal and business banking, mortgage services, drive-through banking, safe deposit box rentals, a night depository and 24/7 ATM banking. “The new Midway … Read more
On March 4, Texas National Bank, a $170 million bank headquartered in Sweetwater, announced the upcoming launch of Bankers Lender, a digital-first bank designed to serve the needs of individuals working in the banking industry. “Bankers are no different from anyone else when it comes to consumer preferences,” says Mike Fernandez, president and CEO. “Everyone is … Read more