TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
On January 25, Austin FC, the 27th club in Major League Soccer (MLS), announced that it has entered into a multiyear stadium-naming-rights partnership with Q2 Holdings Inc., an Austin-based provider of digital transformation solutions for banking and lending, for its state-of-the-art, $260-million stadium. Austin FC’s 20,500-plus seat Q2 Stadium will become one of 20 soccer-specific stadia … Read more
Houston-based Central Bank’s newest branch is open for business. The bank’s Lower Heights location opened its doors to the public on January 11 at 2799 Katy Frwy., Ste. 150. It replaces the company’s Midtown branch, which closed on January 8. Housed in the Lower Heights District multi-use development, the full-service branch offers business and personal … Read more
On January 19, Independent Financial, a financial services company with 93 locations across Texas and Colorado, announced that construction has begun on phase two of the company’s headquarters in McKinney. The companies making the announcement also included the City of McKinney, McKinney Economic Development Corp. and KDC, a corporate build-to-suit development and investment firm. The … Read more
Conroe-based Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank, announced that on January 8 it completed the previously announced sale of its Jacksboro location to Graham-based First State Bank. Under the terms of the transaction, the bank sold loans of approximately $3.5 million, deposits of approximately $5.7 million and the real … Read more
Magnolia, Arkansas-based Farmers Bank & Trust has opened its first full-service branch in Paris. Located at 1375 NE Loop 286, the bank purchased and remodeled the former TEXAR Federal Credit Union building. The new branch will provide full teller, accounts and loan services, a drive-thru and notary. In addition, there will be a MyFarmers iTeller … Read more