TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Terry Christian, Paris-based Peoples Bank’s president, retired at the end of 2020 and the bank’s board voted unanimously to promote T. Bradley Perry to fill the position, according to a report in The Paris News. Christian served as president of the bank for 31 years. “In 1989, (Chairman and CEO) Ronnie Abbott and the existing … Read more
Michael Hobbs, chief banking officer at McKinney-based Independent Financial, announced that Tiffany Cason has been hired to serve as the bank’s head of Texas middle-market banking. She will work with the 1,500 employees across Independent Financial’s network to ensure continuity across all lines of business while working to attract new business verticals. Her team will focus … Read more
Ben Wallace, chairman of the board of Corpus Christi-based American Bank, has announced that Clayton J. Hoover Jr. has been elected to the bank’s board of directors and Robert Greenwood has been appointed to serve as chairman of the bank’s advisory board of directors. Advisory board members act as bank ambassadors and provide advice and … Read more
The Baker Group LP, one of the nation’s largest independently owned securities firms specializing in investment portfolio and interest rate risk management, recently announced the promotion of Kathryn Phillips, CPA, to chief operating officer. She has served for nearly 20 years as chief financial officer for the firm and will maintain that title and role … Read more
Cameron-based Citizens National Bank recently announced three leadership promotions at this month’s board meeting. Steven M. Wise has been appointed chief executive officer and president. He has been with Citizens National Bank since 2009, joining as a regional credit manager and quickly working his way up to chief lending officer in 2012. In the CLO … Read more
Larry Burns, president and CEO of The Cowboy Bank of Texas in Maypearl, has announced his retirement after 16 years with the bank and 55 years as a Texas banker. For the past 41 years, he has served in senior management at Texas community banks. Brandon Vaughan, executive vice president and chief lending officer of The … Read more
Tom Sellers, CEO of Sulphur Springs-based Alliance Bank, has been named chairman of the board of Alliance BancShares Inc., the bank’s parent company. In addition, James Law, chief financial officer, will assume Sellers’ former role as president of Alliance Bank and remain CFO for the bank and its holdings, and Keith Shurtleff has been promoted … Read more
Wayne Henry Frederick, founder of the financial services company The WFA Group, passed away on December 31, 2020. He was 88. Upon graduating from high school, Frederick served in the U.S. Navy from 1951 to 1955 during the Korean War, attached to the U.S. Mine Force Fleet in Charleston, South Carolina. While he was stationed … Read more
Midland-based FirstCapital Bank of Texas recently announced the promotions of the following employees in Amarillo. Edmond Bachman has been promoted to vice president/relationship manager. Originally from Vernon, he has a bachelor’s degree in business finance from Midwestern State University and has been with FirstCapital Bank of Texas since 2014. Jacob Ortega has been promoted to vice … Read more
Cascey Freeman has been promoted to assistant vice president and consumer lender at the Overton branch of Longview-based Texas Bank and Trust. She began her banking career as a bookkeeper with First State Bank of Overton prior to its merger into Texas Bank and Trust in 2013. She quickly transitioned to the role of administrative assistant … Read more