TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 2, Investar Holding Corp., the holding company of Investar Bank NA, announced the completion of its acquisition of Wichita Falls Bancshares Inc., the holding company for Wichita Falls-based First National Bank. An agreement relating to the acquisition was announced last July. The acquisition became effective as of January 1. As of December 31, … Read more
Huntington Bancshares Inc., the parent company of Columbus, Ohio-based The Huntington National Bank, has entered into a definitive agreement to acquire Cadence Bank, a $53 billion regional bank headquartered in Houston and Tupelo, Mississippi. Cadence Bank operates more than 390 locations across Texas and the South. The partnership, in conjunction with the recently closed acquisition … Read more
On January 2, Winter Haven, Florida-based SouthState Corp. announced the closing of its acquisition of Independent Bank Group Inc. through the merger of McKinney-based Independent Financial with and into SouthState. Immediately after the January 1 merger, Independent Financial’s subsidiary bank, Independent Bank, merged with and into SouthState Bank NA. As a result of these transactions, … Read more
The Woodlands-based Woodforest National Bank opened two new locations in Alabama on August 28. The new branches—located in Foley and Birmingham—offer a range of banking services for consumer and business customers. “We are always happy to invest in our communities and appreciate that our customers continue to support us by making Woodforest their bank of … Read more