TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Harlingen-based Texas Regional Bank recently announced an expansion into the Houston market with a banking center located at 9821 Katy Fwy., Ste. 101. Longtime Houston bankers Gregg Booth and Lewis Gissel will be responsible for growing and developing opportunities and and the bank’s presence in the Bayou City. The two worked together previously at Texas … Read more
The Bank of Austin is scheduled to open its second financial center near downtown Austin. The Hartland Plaza location at 1717 W. 6th St., Ste. 110, will open during the fourth quarter of 2021. Near well-established neighborhoods, the new location is within five minutes of the city’s Tarrytown and Pemberton neighborhoods. It is also 10 … Read more
Plano-based Alkami Technology Inc., a leading cloud-based digital banking solutions provider for U.S. financial institutions, announced that the company has finalized its acquisition of San Diego, California-based MK Decisioning Systems LLC, also known as MK Decision, a technology platform and provider for digital account opening, credit card and loan origination solutions. With the acquisition, Alkami … Read more
The Federal Home Loan Bank of Dallas (FHLB Dallas) is distributing $1 million in charitable donations to assist communities and FHLB Dallas members with recovery efforts from damage caused by Hurricane Ida. FHLB Dallas is a member-owned financial institution cooperative with approximately 800 members, including 125 member institutions, such as banks and credit unions in … Read more
Bowie-based Legend Bank has launched a bank-wide outreach effort to show support for the health care workers in its communities. It’s called the “Snack Bar of Support.” The idea started with a request from Wise Health System in Decatur. Laura Tanner, a patient navigator at Wise Health System, reached out to Delaina Henderson, Legend Bank’s … Read more
Austin-based BAT Investments Inc. has acquired Carrizo Springs-based Capital Bank of Texas as part of an effort to expand and strengthen the role of community banks in the state. BAT Investments entered into an agreement to purchase Capital Bank of Texas on January 15, 2021, and the acquisition was finalized on September 28, 2021. The … Read more
The Independent Bankers Association of Texas (IBAT)—the largest state community banking association in the nation—recently honored 22 Texas community banks with the organization’s Best of Community Banking (BOCB) Awards. The banks were honored on September 20 during IBAT’s 2021 Convention in Austin. IBAT has celebrated the outstanding accomplishments of Texas community banks with the BOCB … Read more
On September 15, Conway, Arkansas-based Home BancShares Inc. (HOMB), the parent company of Centennial Bank, and Amarillo-based Happy Bancshares Inc., the parent company of Happy State Bank, jointly announced that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as … Read more
In August, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, announced the eight recipients of its 2021 Cornerstone Award and Leader in Financial Education (LiFE) Award. Each of the banks selected has demonstrated excellence in community involvement or promoted financial education in its communities. The banks selected were celebrated at the … Read more
On September 15, Texas Banking Commissioner Charles G. Cooper announced that Dallas-based Texas Capital Bank NA has completed its conversion to a Texas state-chartered bank from a national banking association. The bank opened under its new charter as Texas Capital Bank on September 15. Texas Capital Bank was originally chartered as a national bank in … Read more