TEXAS BANKING NEWS, PEOPLE and IDEAS

Albuquerque New Mexico

New Mexico’s Southwest Capital Bank to Merge with WestStar Bank

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WestStar Bank Holding Company Inc., the holding company of El Paso-based WestStar Bank, and Las Vegas Bancorporation Inc., the holding company of Albuquerque-based Southwest Capital Bank, have entered into a definitive agreement to combine their organizations, creating a premier community banking franchise serving New Mexico and the Borderplex region. Southwest Capital Bank is expected to … Read more

Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing

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The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units. “Affordable housing is a critical need for communities … Read more