TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Independent Bankers Association of Texas (IBAT) office has moved from its longtime location at 1700 Rio Grande St. in Austin to its new headquarters in northwest Austin. With this move, the organization has “right-sized our physical space to align with changes in the way we work—with a mix of in-person and remote employees,” according … Read more
On August 25, Wichita Falls-based American National Bank & Trust held a groundbreaking ceremony for its new location in Dallas at 5310 Forest Lane. The ceremony was attended by key stakeholders, local leaders, American National Bank & Trust executives and community members. Bank executives outlined American National Bank & Trust’s vision for the future, its … Read more
Forbes has released its 15th annual list of “America’s Best Banks,” with numerous companies headquartered in Texas making the cut. Of the 100 banks on the list, eight are based in the Lone Star State. Here are the Texas-based 2024 “America’s Best Banks” (the numbers indicate the bank’s ranking on Forbes’ list of U.S. banks: … Read more
Durant, Oklahoma-based First United Bank , which currently operates 39 branches in Texas, has received the prestigious 2024 Gallup Exceptional Workplace Award. This accolade celebrates organizations with the most engaged workplace cultures globally. The Gallup Exceptional Workplace Award winners boast a ratio of engaged employees to disengaged employees that is 11 times higher than the … Read more
On April 9, McGregor-based TFNB Your Bank for Life announced the opening of its sixth location in the heart of Woodway/Hewitt. The branch is located at 9205 Oak Creek Dr. near the intersection of Hwy. 84 and Woodway/Hewitt Dr. “TFNB’s mission is to be the community bank of choice among our peers as corporate citizens … Read more
On March 20, S&P Global Market Intelligence released its annual rankings for 2023’s Best-Performing Community Banks (with assets between $3 billion and $10 billion), Best-Performing Community Banks with Assets Below $3 Billion and Top-Performing U.S. Public Banks (with more than $10 billion in total assets). Additionally, S&P Global Market Intelligence announced the annual rankings of … Read more
On March 19, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals to complete its previously announced acquisition of Lone Star State Bancshares Inc., the parent company of Lubbock-based Lone Star State Bank of West Texas. Alan Lackey, CEO of Lone Star State Bank, will … Read more
On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more
On March 12, Dallas-based Vista Bank affirmed its continued commitment to South Dallas, announcing a new banking center location at the intersection of Martin Luther King Blvd. and J B. Jackson. The first bank to open in the Fair Park neighborhood of South Dallas in almost three decades, Vista Bank invested more than $3 million … Read more
Amarillo-based FirstBank Southwest has been donating to area schools through its School Spirit Card program since 2019. In 2024, 20 schools in the Texas Panhandle accessed the program to create, market and distribute customized debit cards with the school logo and mascot. The customized cards allow users to show off their school pride and give … Read more