TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Texas Bankers Hall of Fame recently announced that its 2020 honorees will be inducted at the Eighth Annual Texas Bankers Hall of Fame Gala on April 22, 2021, on the campus of Sam Houston State University in Huntsville. Five prestigious bankers—the late James B. Bexley, Lloyd R. Ferguson, William David Lacy, Victor Pierson and Allan … Read more
S&P Global Market Intelligence released its annual rankings for 2020’s best-performing community banks with assets between $3 billion and $10 billion and community banks with assets less than $3 billion, as well as top-performing credit unions. “Despite going through a challenging year filled with economic uncertainty, we have seen community banks and credit unions play … Read more
Dallas-based State Bank of Texas announced on March 15 that it has finalized plans to build a new headquarters building in the Las Colinas Urban Center. Construction should commence by the end of 2021 and is expected to be completed in mid-2023. The project was announced by Chan Patel, CEO and board chair. The new headquarters … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University will present its spring Workshop for Bank Directors in a virtual format via Zoom on the afternoons of March 17–19. This spring’s program, “An In-Depth Look at Mission-Critical Duties and Responsibilities,” will be led by the industry’s best and brightest and focus on what … Read more
On March 1, Texas Southern University (TSU) announced a $500,000 pledge of support for its Jesse H. Jones School of Business (JHJSB) from Atlanta, Georgia-based Cadence Bank. The three-year pledge will support the school’s new Future Bankers Leadership Program (FBLP), set to launch this fall. The new academic program gives students direct exposure to commercial banking. … Read more
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