TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On April 28, five legendary bankers were inducted into the Texas Bankers Hall of Fame during the Ninth Annual Texas Bankers Hall of Fame Gala on the campus of Sam Houston State University (SHSU) in Huntsville. These prestigious bankers—James D. “Jay” Dreibelbis, the late Robert Griffith “Bob” Greer, W. Wes Hoskins, Ben Morgan and R. … Read more
Henderson-based VeraBank continues to expand its footprint in Central Texas with the opening of a new branch in Leander on May 9. The new full-service branch is VeraBank’s first in Leander and sixth in the greater Austin area. “We are thrilled to open a Leander branch to better serve our Williamson County customers,” says Jonathan … Read more
On April 29, Texas Banking Commissioner Charles G. Cooper announced the approval of Texas Traditions Bank in Katy—the first de novo state bank charter since September 2019. The bank is anticipated to serve customers primarily in Fort Bend County and portions of Harris and Waller counties. Subject to the granting of deposit insurance by the … Read more
SheenRegistration for the Independent Bankers Association of Texas’ (IBAT) 37th Annual Connecting Leaders Conference, the IBAT Leadership Division’s flagship event, is now open. Texas community bankers are encouraged to attend the family-friendly event being held June 16–18 at the Kalahari Resort in Round Rock. IBAT’s Connecting Leaders Conference focuses on developing the next generation of … Read more
On April 22, Wilmington, Delaware-based PNC Bank announced the opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint and the first hub of this type to be established in Texas. The hub will accommodate approximately 200 employees, the majority of which will focus on … Read more
On April 13, Forbes released its 2022 list of the “Best Banks in the World.” Twenty-seven countries were included in the list, with 75 of those being U.S.-based banks. Of the U.S. banks, six are based in Texas, with another twelve that have a presence in the Lone Star State. According to Forbes: Prospects for … Read more
Bank of Brenham has announced development plans for a new, full-service branch in Bryan/College Station to be known as Bank of B/CS. The bank will begin operations late this spring at 3030 University Dr., Ste. 200, in College Station. In addition to opening this location, the bank will begin construction of a new bank at … Read more
On April 11, Simmons First National Corp., the parent company of Pine Bluff, Arkansas-based Simmons Bank, announced that it has completed the acquisition of Spirit of Texas Bancshares Inc., the parent company of Conroe-based Spirit of Texas Bank SSB. A definitive agreement to acquire Spirit of Texas Bank was previously announced last November with Spirit’s … Read more
For the 13th consecutive year, Frost Bank has received the highest ranking in customer satisfaction in Texas, according to the J.D. Power 2022 U.S. Retail Banking Satisfaction Study. The study ranked banks doing business in Texas, including regional and large banks. With an overall satisfaction index score of 755—89 points higher than the Texas region average—Frost … Read more
On March 25, The First National Bank of Moody celebrated the grand opening of its first branch in Troy. The ceremony was well attended by the First National Bank leadership team, Troy branch employees, the City of Troy Council and members of the Troy community. Troy has been without a bank branch since 2011. “Every … Read more