TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Oklahoma City, Oklahoma-based The Bankers Bank (TBB) has been selected to participate in a pilot program for the Federal Reserve’s upcoming instant payments offering, FedNow, which will provide an important payments infrastructure when it becomes available in 2023. The goal of FedNow is to develop an instant payments service that enables financial institutions of every size … Read more
Dallas-based American Bank is commemorating its two-year anniversary under new ownership with milestone moments, opening a second location in the Valley Ranch area of Irving, tripling its assets and introducing a new range of online services. Established in 1974, American Bank has served the metroplex for almost four decades with one location in North Dallas. NewcrestImage, … Read more
San Antonio-based Vantage Bank Texas and seven-time LPGA winner and major champion Angela Stanford are partnering to provide educational opportunities for children whose families have been impacted by cancer. Stanford formed The Angela Stanford Foundation in 2009 to provide scholarships for students whose families affected by the disease. The foundation currently supports 20 college students through … Read more
In February, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association (TBA), announced a new banker education scholarship, the Tom Frost Memorial Scholarship. Named for the late Tom Frost of San Antonio-based Frost Bank, the scholarship is available to junior and senior students enrolled in the Southwestern Graduate School of Banking at Southern Methodist University (SWGSB). “We’re … Read more
Last November, McGregor-based TFNB Your Bank for Life opened its fifth location at 715 Elm Ave. in East Waco. This is the first bank in East Waco in more than 100 years. The CenTex African American Chamber of Commerce, Hispanic Chamber of Commerce and Greater Waco Chamber all helped TFNB commemorate the historic return of … Read more
February 17 is Random Acts of Kindness Day in the U.S. Founded in 1995 in Denver, Colorado, by the Random Acts of Kindness Foundation, the day celebrates and encourages random acts of kindness across the nation. This year, Dallas-based First United Bank is seeking to break a world record by completing 50,000 acts of kindness in a … Read more
Pawhuska, Oklahoma-based Blue Sky Bank recently expanded into Texas with the opening of its San Antonio branch on January 21. The new branch, located at 13750 San Pedro Ave., Ste 275, is the bank’s seventh, and its first location in Texas. “The expansion represents Blue Sky Bank’s dedication to serving entrepreneurs and their local businesses … Read more
Choudrant, Louisiana-based Origin Bank has announced expansions in its Dallas/Fort Worth and Houston regions with the opening of two new Texas banking centers. Its new 3,500-square-foot Medical City Dallas branch is located at 7777 Forest Lane, offering personal and business banking, insurance services, safe deposit box rentals and two ATMs. Origin Bank’s new location in The … Read more
Former banker Peter S. Clarke has published a new book titled Complete Guide to Protecting Your Loan Portfolio, available as a Kindle e-book on Amazon.com. The book addresses strategies for turn-around, debt restructuring, special assets, lender liability and bankruptcy. “Most bankers cannot unequivocally declare that they have been untouched by problem loans,” Clarke notes. “Certainly it … Read more
Cuero-based TrustTexas Bank is celebrating its 100th anniversary this year in grand style. On January 26, the bank invited customers, members of local chambers of commerce and other members of the five communities in which it operates to help mark the occasion with a ribbon-cutting ceremony, recollections and revelry. During the celebration at the bank’s … Read more