TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Southwestern Graduate School of Banking (SWGSB) Foundation will convene its 152nd Assembly for Bank Directors at the Park Hyatt Beaver Creek Resort and Spa in Beaver Creek/Vail, Colorado, September 23–26, 2021. Bank directors and their spouses from across the U.S. will participate in a program that includes strategic planning maven David Kemp, accounting ace … Read more
Greg Wilson, president and CEO of Paris-based Lamar National Bank, recently announced that Terry King, Tarrant County market president, has opened a second location in Northlake. King has served as a business owner and banker in Tarrant County for more than 15 years, four of those years as vice president and market president. During his … Read more
On June 28, the board of directors of Plains Bancorp Inc., the parent company of Dimmitt-based First United Bank, announced that the company has entered into a definitive agreement with Childress Bancshares Inc., the parent company of First Bank and Trust of Childress, whereby First United Bank will acquire First Bank and Trust. Following the … Read more
Dallas-based PlainsCapital Bank has upgraded its North Dallas location at 18111 Preston Rd. “to deliver a more customer-centric experience with a holistic and intuitive footprint from the outside-in,” according to a recent press release, adding that the redesign “provides a better opportunity to connect with clients within a modern branded environment.” PlainsCapital Bank hired the … Read more
Dallas-based North Dallas Bank & Trust Co. has broken ground on a 31,000-square-foot renovation project at its corporate headquarters and Dallas banking center, located at 12900 Preston Road. The project broke ground in May and is slated for completion in December 2021. The banking center will remain open by appointment only throughout the renovation period. … Read more
Moulton-based SouthStar Bank announced an agreement to purchase a branch in Kerrville from Manhattan, Kansas-based Community First National Bank. Pending final approval, the sale is scheduled to close on August 27. After the purchase, SouthStar Bank plans to continue operations at the Kerrville branch and retain current staff to streamline the transition and maintain continuity. … Read more
Midland-based West Texas National Bank recently completed interior renovations on its Odessa banking office—ahead of schedule and despite weather setbacks, no less. NewGround, a St. Louis, Missouri-based architecture, design and project management firm, was selected to redesign and rebuild the 8,000-square-foot branded retail space. The newly remodeled interior features an open-concept floor plan. Each branch … Read more
On June 21, San Antonio-based Frost Bank opened its Cypress Crossing financial center, the last of 25 new branches opened since the company announced a regional expansion plan in 2018. Frost Bank operates 154 financial centers across Texas, including 53 in the Houston region. While the current expansion program may be complete, the bank is … Read more
On June 3, Dallas-based First Foundation Inc., a financial services company with two operating subsidiaries, First Foundation Advisors and First Foundation Bank, and Naples, Florida-based TGR Financial Inc., the holding company of First Florida Integrity Bank, jointly announced the execution of a definitive agreement under which TGR Financial will merge into First Foundation in an … Read more
Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced that it has signed a definitive agreement to acquire Roscoe-based Roscoe State Bank. These two family-owned companies with nearly 150 years in business will combine to create an organization holding approximately $2 billion in assets and more than $300 million in equity … Read more