TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Jacksonville-based Austin Bank and the Montgomery Area Chamber held a ribbon-cutting ceremony to celebrate the opening of the newest Austin Bank location in Montgomery. The July 20 ceremony was well attended by the Austin Bank leadership team, employees, Texas State Senator Robert Nichols, members of the Montgomery Chamber of Commerce, friends and area business leaders. … Read more
On July 19, Independent Financial announced the completion of phase two of its $150 million headquarters campus in McKinney, Texas, supporting the organization’s expanding workforce. The new six-story, 198,000-square-foot building more than doubles Independent Financial’s existing presence at McKinney Corporate Center Craig Ranch and allows the organization to consolidate its banking operations and technology teams. … Read more
The Texas Bankers Association (TBA) and the Independent Bankers Association of Texas (IBAT) have raised $250,000 to date in support of victim families of the Robb Elementary School shooting in Uvalde on May 24. Through the Texas Bankers Foundation, TBA and IBAT have united to offer support via the Uvalde Community Response Fund. The funds … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) in Dallas held its 2022 commencement on June 9 for the 62nd class. SWGSB Foundation trustee Brad Cheves, vice president for development and external affairs at SMU, gave the commencement address on executive education’s role in leadership development. John Hope Bryant, renowned entrepreneur, … Read more
On June 16, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that it will relocate and unite its Richardson offices and banking center to a new campus by the fourth quarter of 2023. Texas Capital Bank has signed a 15-year lease with Blue Cross and Blue Shield of Texas and … Read more
Forbes’ fifth annual ranking of the Best-In-State Banks and Credit Unions was released in June. The list provides a comprehensive look at the elite of America’s smaller financial institutions in 2022. Forbes again teamed up with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states about … Read more
The Southwestern Graduate School of Banking (SWGSB) Foundation will convene its 154th Assembly for Bank Directors at The Lodge at Spruce Peak in Stowe, Vermont, August 25–28 to plan for a successful future, focusing on community banking and new imperatives. The conference will be guided by the industry’s leading authorities on community banks and their … Read more
Tyler-based American State Bank recently expanded its footprint with the establishment of a loan production office in Lubbock, according to a report in the Lubbock Avalanche-Journal. This is the first of several planned expansion offices by American State Bank. The new office, located at 4010 82nd St., Ste. 110, will be led by Bud Holmes, … Read more
San Antonio-based Frost Bank has opened its Allen West and North Garland financial centers in Dallas, the third and fourth of 28 new financial centers to open in the bank’s Dallas region expansion. The bank will celebrate the branches with ribbon-cutting events in the near future. The new financial centers, like the other locations in … Read more
On June 7, Corpus Christi-based American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into American Bank and the combined banks will operate under the American Bank … Read more