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TEXAS BANKING NEWS, PEOPLE AND IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

Regulatory Actions

Here are the latest regulatory agency transactions regarding Texas bank applications—including new charters, mergers and acquisitions, and the establishment and relocation of bank branches—as filed with the Office of the Comptroller of the Currency (OCC), Texas Department of Banking (TDB), Federal Reserve Board of Dallas (FRBD) and the Federal Insurance Deposit Corp. (FDIC):

June 23–29, 2024

Mergers and Acquisitions

The OCC reports that SouthState Bank NA, based in Winter Haven, Florida, has applied to acquire Independent Bank, dba Independent Financial, based in McKinney.

Branches

The OCC reports that it has approved applications by Bank of America NA, based in Charlotte, North Carolina, to establish the following branches: 110 S. Wayside Dr. in Houston and 3511 Longmire Dr. in College Station.

The OCC reports that it has approved an application by Broadway National Bank, based in San Antonio, to establish a branch at 8333 Douglas Ave., Ste. 100, in Dallas.

The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has applied to establish a branch at the southwest corner of Hwy. 423 and Hwy. 380 in Frisco.

The TDB reports that Maverick Bank, based in Fort Davis, has established the following branches: 110 NW Ave. B in Seminole and 4529 114th St. in Lubbock.

The TDB reports that Frost Bank, based in San Antonio, has applied to establish the following branches: 8651 El Dorado Pkwy. in McKinney and 8111 N. FM 620 in Austin.

The TDB reports that Independent Bank, based in McKinney, has applied to establish a branch at 1409 Botham Jean Blvd., Ste. 1510, in Dallas.

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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.

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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