TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Elgin-based Frontier Bank of Texas is helping stabilize housing expenses for moderate- and middle-income families in the Austin area. The Central Texas community bank is investing $1 million in the Residency Support Fund of the Austin Housing Conservancy (AHC), a group at the forefront of addressing Austin’s workforce affordability crisis. “We are fully committed to … Read more
Hondo-based banks Hondo National Bank and Community National Bank have applied with the Office of the Comptroller of the Currency to merge as TXN Bank National Association. As announced in August 2020, Texas Heritage Bancshares Inc, parent company of Hondo National Bank, and Medina Community Bancshares Inc., parent company of Community National Bank, consolidated into … Read more
On October 25, San Antonio-based Frost Bank announced that it has made an equity investment of $500,000 into the Austin Housing Conservancy Fund (AHC) to support workforce-affordable rental housing in the rapidly growing Austin metropolitan area. AHC, founded in 2016, is an equity fund focused on purchasing multifamily properties and preserving them as affordable housing … Read more
An impressive number of community banks, as well as companies that provide services to community banks, were included in the recently published 2021 list of the “100 Best Companies to Work for in Texas,” an annual recognition program developed by Texas Monthly magazine, the Texas Association of Business, Texas Society for Human Resource Management and … Read more
On October 21, Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, and Texas Citizens Bancorp Inc. jointly announced the signing of a definitive agreement under which Business First will acquire Texas Citizens and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank NA. Following the completed transaction, the combined institution is … Read more
Durant, Oklahoma-based First United Bank held the grand opening of its fifth location in Austin on October 26. The new location at 8701 FM 2244, Bldg. 1, Ste. 100, in the Seven Oaks area offers commercial real estate, commercial/retail banking, investments and insurance, and mortgage services. It joins the four established First United Bank locations … Read more
In October, real estate appraisal and consulting firm Stouffer & Associates LLP announced the expansion of its property valuation services into the Houston and Dallas/Fort Worth markets. With existing offices in San Antonio, Austin and Boerne, Stouffer is now equipped to provide appraisal services throughout Texas. “We have been blessed with a great group of … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) has released details on its 65th Annual Session, scheduled for May 30–June 9, 2022, in Dallas. Commercial loan officers, branch managers, credit analysts, cashiers, mortgage lenders, consumer lenders, operations officers, state and federal regulators and other banking professionals gather each summer on the … Read more
The Independent Bankers Association of Texas (IBAT) recently honored Rogers-Ford, L.C., Architecture and Interior Design with the 2021 IBAT President’s Award. Pat and Cindy Ford, company founders, accepted this prestigious honor on behalf of the company in September during IBAT’s 2021 Convention in Austin. Rogers-Ford, L.C., based in Dallas, provides architecture and interior design services … Read more
In mid-September, Little Rock, Arkansas-based Encore Bank announced its expansion into Arlington and has named Rick Jenkins executive vice president/Arlington market president. In addition, the bank is expanding into Collin County and has named Jenny Johnson senior vice president/Collin County market manager. Jenkins is a 19-year banking veteran with expertise in commercial lending, business development … Read more