TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 2, Tupelo, Mississippi-based BancorpSouth Bank announced the signing of a definitive merger agreement with National United Bancshares Inc., the parent company of Gatesville-based National United, pursuant to which National United will be merged with and into BancorpSouth. The merger is anticipated to close during the first half of 2021. National United, established in 1889, … Read more
In a joint statement on October 29, J. Pat Hickman, chairman of Amarillo-based Happy State Bank, and Tommy Gunstream, chairman of Muleshoe-based Muleshoe Bancshares Inc., announced that Happy State Bank is acquiring Muleshoe Bancshares Inc. and its subsidiary, First Bank of Muleshoe, through a series of mergers. A Texas state bank, First Bank of Muleshoe … Read more
HC3, a data-driven technology company based in Birmingham, Alabama, that delivers unique customer communications, has acquired Alabama-based Banc Statements Inc. (BSI), a company that specializes in printing and mailing demand-deposit and savings account statements for community banks. Beginning October 1, all work contracted through BSI will continue operation as HC3. HC3—in business for 58 years—helps … Read more
Louise-based Louise Bancshares Inc. and its wholly owned subsidiary, The First State Bank, and Dilley-based Dilley State Bank announced on September 1 that they have entered into an agreement whereby Louise Bancshares Inc. would acquire Dilley State Bank. Upon closing of the transaction, expected in the fourth quarter of 2020, Dilley State Bank will become … Read more
Main Street Inc., a leading provider of data-driven print services to community financial institutions across the nation, announced on August 4 that it has acquired Onovative, an automated marketing technology software provider based in Louisville, Kentucky. The purchase of Onovative further enhances Main Street’s marketing services solutions. Onovative’s automated marketing platform enables banks and credit … Read more