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TEXAS BANKING NEWS, PEOPLE AND IDEAS

  • Home
  • Texas Bankers
  • News
  • Features
  • Perspectives
  • Regulatory Actions
  • Classified Ads
  • About
  • Advertise
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  • Home
  • Texas Bankers
  • News
  • Features
  • Perspectives
  • Regulatory Actions
  • Classified Ads
  • About
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  • Submit News

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):

November 3–9, 2024

Mergers and Acquisitions

The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell.

Main Offices

The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its main office from 1217 E. Main St. in Eagle Lake to 100 Commerce St. in Eagle Lake.

Branches

The TDB reports that Independent Bank, based in McKinney, has established a branch at 7220 Cotesworth Ave. in Sugar Land.

The TDB reports that it has approved an application by Prosperity Bank, based in El Campo, to establish a branch at 10909 Slide Rd. in Lubbock.

The TDB reports that Frost Bank, based in San Antonio, has applied to establish a branch at 213 N. Hwy. 67 in Cedar Hill.

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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