TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more
Abilene-based First Financial Bankshares has announced that its subsidiary, First Financial Bank NA, has been named to Newsweek magazine’s inaugural listing of “America’s Best Banks 2021.” Newsweek’s ranking recognizes the financial institutions that best serve their customers’ needs in each state. First Financial Bank was recognized as the No. 1 bank in Texas. The announcement … Read more