TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Independent Bankers Association of Texas’ IBAT Education Foundation has announced a new day-long conference coming this fall: Women in Community Banking, a forum for women at all levels of the community banking industry to come together to share, learn and grow from one another’s experiences. The event will be held on October 30, with … Read more
Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, has announced the recipients of the Texas Capital Foundation’s second annual Honors Awards, which provide grants totaling $250,000 to support four nonprofit organizations addressing community needs across Texas. The Honors Awards are a signature program of the Texas Capital Foundation, which Texas Capital … Read more
Terrell-based American National Bank of Texas announced that it will open a South Dallas loan production office (LPO), located at 820 Exposition Ave., this fall. The office will serve as the new home for the bank’s emerging markets team and play a critical role in the bank’s ongoing efforts to strengthen its presence in South … Read more
Elgin-based Frontier Bank of Texas is strengthening its local footprint with the opening of a third full-service banking location in its home county. Coming this summer to Smithville at 107 NW Loop 230, the newest branch will serve residents and businesses in southern Bastrop County and the surrounding area. The opening of the Smithville banking … Read more
The Texas Bankers Hall of Fame on the campus of Sam Houston State University in Huntsville held its Annual Gala on April 25. Five iconic bankers—James E. Baine, the late Harlan R. Heitkamp, Carmen Angelle Jordan, Vidal H. Ramirez and Henry Wu—were inducted. Established by the Smith-Hutson Endowed Chair of Banking at Sam Houston State … Read more
College Station-based American Momentum Bank helped the Permian Basin Rehabilitation Center raise more than $1.3 million during its 47th Annual Telethon, held on April 27. The bank served as a sponsor of the event. The telethon, which aired on Midland’s NewsWest 9, raises funds for the rehab center to provide therapy services to patients who … Read more
On May 20, SouthState Corp., the parent company of Winter Haven, Florida-based SouthState Bank NA, and Independent Bank Group Inc., the parent company of McKinney-based Independent Bank (dba Independent Financial), jointly announced that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group in an all-stock transaction valued at approximately … Read more
The Federal Home Loan Bank of Dallas (FHLB Dallas) has made available $99.4 million in grants this year through its Affordable Housing Program (AHP) and AHP homeownership initiatives. Of the total funding, $79.4 million was allocated to the AHP General Fund, which provides grants to assist FHLB Dallas members in financing the purchase, construction and … Read more
More than 100 Coryell County citizens braved the stormy weather in May to celebrate the opening of Waco-based The First National Bank of Central Texas’ new Gatesville banking center. The event included a ribbon-cutting ceremony and much-needed support for local nonprofit organizations. At the opening, Will Coward, Gatesville banking center president, presented $10,000 donations to … Read more
In May, Independent Banker, the flagship publication of the Independent Community Bankers of America (ICBA), published its annual list of the “Best-performing Banks 2024,” which includes 10 banks based in Texas. According to a press release from Independent Banker, “These community banks hit their stride in 2024, and they intend to keep the momentum going … Read more