TEXAS BANKING NEWS, PEOPLE and IDEAS
Coleman-based Coleman County State Bank has opened its new full-service San Angelo branch located at 3525 S. FM 2288. Through its former loan production office in the market, the bank has steadily built relationships throughout the community and expanded its team. “We saw tremendous opportunity in San Angelo from the very beginning,” says Reave Scott, president … Read more
On May 28, Dallas-based United Texas Bank announced that the Office of the Comptroller of the Currency (OCC) has approved its conversion to a nationally chartered bank, making it one of the few financial institutions to convert since the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010. The Federal Reserve … Read more
On May 5, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, announced the 15 recipients of its 2026 Cornerstone and Leader in Financial Education (LiFE) Awards. These honors recognize work that goes above and beyond in its commitment to community engagement and financial education across Texas. “These awards celebrate the banks … Read more
On May 29, Toronto-based Bank of Nova Scotia (Scotiabank) announced that it has entered into a definitive agreement to acquire Dallas-based Maple Financial Holdings Inc., parent company of MapleMark Bank. MapleMark Bank has offices in Dallas and Tulsa, Oklahoma. MapleMark Bank reported assets just over $1 billion and $826 million in deposits as of March, … Read more
On May 4, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, announced the 12 recipients of the 2026 Emerging Leader Awards. Nominated by their bank’s president, CEO or board chair, these rising stars were selected for their exceptional leadership, commitment to service and impact on the banking industry. “These honorees are … Read more
On May 22, Charles G. Cooper, commissioner of the Texas Department of Banking, announced the opening of Houston-based Houston Bank & Trust, the first de novo state bank charter approved since April 2022. The bank is anticipated to serve customers primarily in the Houston MSA, with a focus on Harris and Montgomery counties. Houston Bank … Read more
Killeen-based First National Bank Texas recently marked its 125th anniversary with a celebration recognizing the bank’s long history and continuing role in the communities it serves. Established in 1901—only 19 years after the city of Killeen was established—the bank has grown from a Central Texas community bank into an institution with more than $4.5 billion … Read more
On May 13, Lubbock-based Victory Bank announced that it has entered a definitive agreement to acquire a 40 percent ownership stake in McDonald Capital Management (MCM), a Lubbock-based, fee-only investment management firm with more than $350 million in assets under management. The agreement marks Victory Bank’s formal entry into wealth management. Established in 1990, McDonald … Read more
On May 27, Legend Bancorp Inc., the holding company for Bowie-based Legend Bank NA, announced that it has entered into a definitive agreement to acquire Graham-based Graham Savings and Loan SSB, a Texas community bank founded in 1934. Graham Savings and Loan operates three full-service locations in Graham, Breckenridge and Possum Kingdom, and reports approximately … Read more
On April 13, TNB Bancshares Inc., the holding company for Mercedes-based Texas National Bank, announced that it has entered into a definitive agreement to acquire Zapata Bancshares Inc. and its bank subsidiary, Zapata-based Zapata National Bank. This acquisition aligns with Texas National Bank’s 2025 expansion into Starr County through the acquisition Roma-based Citizens State Bank. The … Read more