TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On February 14, Pittsburgh, Pennsylvania-based PNC Bank announced a significant expansion of its branch network over the next five years, including new Texas locations in Austin, Dallas, Houston and San Antonio. The approximate $1 billion investment will lead to more than 100 new locations across the nation and renovation of more than 1,200 existing locations … Read more
United Way of Greater Houston is banking on some 750 Amegy Bank employees for its 34th annual United Way Giving campaign, which the bank is calling “Amegy Bank Through the Years: The Eras Tour.” Themed around Taylor Swift’s Eras tour, Houston-based Amegy bankers are dedicating February 1 through 23 to raising money for their communities … Read more
In January, Houston-based Amegy Bank gave away $10,000 each to three lucky clients—one in San Antonio and two in the bank’s Houston region. According to the bank’s press release, “Times are tough for everyone right now, with the current state of the economy, inflation and overall cost of living, so Amegy Bank wanted to start … Read more
On January 16, Denver, Colorado-based FirstSun Capital Bancorp, the holding company of Dallas-based Sunflower Bank NA, and Seattle, Washington-based HomeStreet Inc., the holding company of HomeStreet Bank, announced that they have entered into a definitive merger agreement under which HomeStreet Inc. and HomeStreet Bank will merge with and into FirstSun Capital Bancorp and Sunflower Bank, … Read more
On December 26, El Paso-based WestStar Bank announced a three-year extension with the Sun Bowl Association to sponsor the Don Haskins Sun Bowl Invitational. Initially signed in 2009, the renewed partnership will run through 2026. “The Don Haskin’s Sun Bowl Invitational is a holiday tradition, and we are happy to help keep an El Paso tradition … Read more
In December, Midland-based West Texas National Bank announced that is expanding into Plainview and Lockney, according to the Lubbock Avalanche-Journal. The bank opened its Lubbock location at 6502 Slide Rd. last August. This month, it opened a temporary full-service branch in Plainview and a loan and deposit production office in Lockney. The bank’s Plainview branch … Read more
On December 14, Dallas-based Comerica Bank announced that it has exceeded its three-year $5 billion small-business lending commitment launched in 2021. Through 2023 third-quarter earnings, Comerica Bank achieved 102 percent of its commitment since the bank’s initial announcement. The impact of this commitment has supported more than 15,000 small businesses across the bank’s footprint. “Small … Read more
On December 6, College Station-based American Momentum Bank donated $5,000 to local television station KBTX’s 28th Annual Food for Families Food Drive. The event raised monetary and food donations for the Brazos Valley Food Bank. American Momentum Bank sponsored the 6 p.m. to 7 p.m. “matching time,” contributing a company donation in the amount of … Read more
The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units. “Affordable housing is a critical need for communities … Read more
McAllen-based Rio Bank announced the opening of its first full-service banking center outside of the Rio Grande Valley. The new branch, located in Alamo Heights, marks a significant milestone for the bank as it establishes a presence in one of San Antonio’s most vibrant and growing neighborhoods. The branch, located at 5700 Broadway, is Rio … Read more