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TEXAS BANKING NEWS, PEOPLE AND IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

News

Jacksonville-based Austin Bank Receives Regulatory Approval to Acquire Chasewood Bank

January 31, 2025

On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 locations for Austin Bank.

“We are expanding our presence in Southeast Texas and welcome the opportunity to serve the customers of Chasewood,” Austin says. “We pledge to deliver the exceptional service Chasewood customers have come to expect. Additionally, we look forward to offering advancements in technology and relationship banking, along with a complete range of personal and business products and services, drive-thru ATMs [and] access to all Austin Bank locations.”

Established in 1900, Austin Bank has banking offices in 38 Texas locations within 26 cities and 14 counties. It has been voted one of the “Best Places to Work in Texas” for 15 consecutive years by Workforce Research Group in partnership with the Texas Association of Business. Austin Bank is locally owned and operated by the Austin family, which is celebrating 115 years of service in the Texas banking industry.

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Previous Texas Capital Bank Elevates Holmes to Additional Responsibilities as Chairman of the Board-Elect Next USAA Federal Savings Bank Board of Directors Appoints Moran President

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First Bank Texas Rolls Out Mobile Banking Branch Across North and West Texas

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Harmony Bank Breaks Ground on Dallas Medical District Location

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Montana-based Glacier Bancorp Enters Texas with Acquisition of Guaranty Bancshares

Read More >
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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

News

Jacksonville-based Austin Bank Receives Regulatory Approval to Acquire Chasewood Bank

January 31, 2025

On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 locations for Austin Bank.

“We are expanding our presence in Southeast Texas and welcome the opportunity to serve the customers of Chasewood,” Austin says. “We pledge to deliver the exceptional service Chasewood customers have come to expect. Additionally, we look forward to offering advancements in technology and relationship banking, along with a complete range of personal and business products and services, drive-thru ATMs [and] access to all Austin Bank locations.”

Established in 1900, Austin Bank has banking offices in 38 Texas locations within 26 cities and 14 counties. It has been voted one of the “Best Places to Work in Texas” for 15 consecutive years by Workforce Research Group in partnership with the Texas Association of Business. Austin Bank is locally owned and operated by the Austin family, which is celebrating 115 years of service in the Texas banking industry.

SHARE THIS FEATURE:

Previous Texas Capital Bank Elevates Holmes to Additional Responsibilities as Chairman of the Board-Elect Next USAA Federal Savings Bank Board of Directors Appoints Moran President

MORE News

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First Bank Texas Rolls Out Mobile Banking Branch Across North and West Texas

Harmony Bank Breaks Ground on Dallas Medical District Location

Montana-based Glacier Bancorp Enters Texas with Acquisition of Guaranty Bancshares

Maverick Bank and Tejas Bank Announce Merger to Form $650 Million West Texas Bank

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

News

Jacksonville-based Austin Bank Receives Regulatory Approval to Acquire Chasewood Bank

January 31, 2025

On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 locations for Austin Bank.

“We are expanding our presence in Southeast Texas and welcome the opportunity to serve the customers of Chasewood,” Austin says. “We pledge to deliver the exceptional service Chasewood customers have come to expect. Additionally, we look forward to offering advancements in technology and relationship banking, along with a complete range of personal and business products and services, drive-thru ATMs [and] access to all Austin Bank locations.”

Established in 1900, Austin Bank has banking offices in 38 Texas locations within 26 cities and 14 counties. It has been voted one of the “Best Places to Work in Texas” for 15 consecutive years by Workforce Research Group in partnership with the Texas Association of Business. Austin Bank is locally owned and operated by the Austin family, which is celebrating 115 years of service in the Texas banking industry.

SHARE THIS FEATURE:

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MORE News

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First Bank Texas Rolls Out Mobile Banking Branch Across North and West Texas

Harmony Bank Breaks Ground on Dallas Medical District Location

Montana-based Glacier Bancorp Enters Texas with Acquisition of Guaranty Bancshares

Maverick Bank and Tejas Bank Announce Merger to Form $650 Million West Texas Bank

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas