TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Woodlands-based Woodforest National Bank recently appointed Umesh “Mike” Jain, CPA, to its board of directors. He migrated to the U.S. in 1981, becoming a U.S. citizen in 1987. In 1986, he founded Jain & Jain PC Accountants and Tax Consultants, an accounting firm that focuses primarily on assurance and tax services for privately held … Read more
The Federal Reserve Bank of Dallas recently announced several executive promotions, as well as some new hires. Tim Stearns has been promoted to vice president in the banking supervision department, with responsibility for all large and regional banking organizations in the 11th Federal Reserve district. Previously, he served as assistant vice president. Stearns joined the … Read more
Dallas-based Comerica Inc. has promoted Jason Baker to Houston market president, succeeding J. Downey Bridgwater. Earlier this year, Bridgwater announced his plan to retire during the first quarter of 2021 after 24 years at Comerica and 40 years in banking. In his new role, Baker will oversee business and community development efforts in the Houston … Read more
Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank NA, has appointed Rob C. Holmes president, CEO and a member of the board of directors of both companies, effective January 24, 2021. He succeeds Larry L. Helm, who has served as executive chair, CEO and president since May 2020. Helm will step … Read more
Austin-based Farm Credit Bank of Texas CEO Larry Doyle recently announced that he is retiring after 17 years with the bank and 45 years in the Farm Credit System. Amie Pala, the bank’s current chief financial officer, will succeed Doyle on January 1, 2021. Doyle will remain CEO until December 31, 2020, to support the … Read more
On October 16, the Texas Tech University System’s Board of Regents announced the renaming of the Excellence in Banking Program Director Endowment as the F. Scott Dueser Chair for Excellence in Banking. Dueser serves as chairman, president and CEO of Abilene-based First Financial Bankshares Inc. In May 2019, anonymous donors established the Excellence in Banking … Read more
Yoakum-based Yoakum National Bank recently announced the promotion of two team members. Sandra Morkovsky has been named vice president/controller. Additional duties include bank compliance and audit, and she also serves as the bank’s BSA officer. Morkovsky has worked at Yoakum National Bank since 1998, previously responsible for the bank’s non-traditional deposit office through NFA Wealth … Read more
Henderson-based VeraBank recently hired Ashlyn Cole as Angelina County market president. Cole, an experienced commercial banker and leader in Lufkin, will focus on leading and growing VeraBank’s business in Lufkin and Angelina County. Cole has been a community banker for more than 11 years and has spent most of her career in commercial lending helping … Read more
H. Gregory Wilson, president and CEO of Paris-based Lamar National Bank, recently announced the following appointments. Alicia Baum has joined the bank as vice president/commercial lender. She will assist with Lamar National Bank’s expansion into the Plano/Frisco area. She brings 13 years of experience in commercial real estate acquisition, commercial construction, working capital lines of … Read more
H. Gregory Wilson, president and CEO of Paris-based Lamar National Bank, recently announced two key appointments. Clay Baum has been named chief information officer and will be essential in developing Lamar National Bank’s strategic technology initiatives and driving future innovation efforts. He is an experienced technology professional who has spent the past 10 years in … Read more