TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Lubbock-based Peoples Bank recently celebrated 25 years of service. The bank was established in 1999 when a group of investors led by Larry Allen and Todd McKee purchased Lorenzo State Bank in Lorenzo, which held a charter established in 1968. In 2000, the bank built its headquarters on 82nd St. in Lubbock. By 2005, the headquarters … Read more
In the aftermath of the Great War and the devastating fire of 1916 that left Paris, Texas, in disarray, a group of community leaders banded together to devise a plan for the city’s recovery. In 1922, they founded the Paris Savings and Loan Association—now First Federal Community Bank—with a mission to promote home ownership and … Read more
The National Bank of Andrews is celebrating its 40th anniversary this year. Since forming in March 1983, the bank has grown alongside the hard-working West Texas community it serves. In 1995, the National Bank of Andrews joined forces with the First National Bank of Andrews, strengthening its presence in the community. That same year, the … Read more
What began in the 1950s as rumblings of a new bank in Houston’s Montrose district grew into an institution with true staying power. This year, that institution has reason to celebrate. Central Bank, Houston’s longest-serving independent bank, is marking its milestone 65th anniversary. L.E. Cowling, owner of Southern States Life Insurance, set the wheels in … Read more
In 1961, North Dallas Bank & Trust Co. opened its doors to customers at the corner of Preston Road and Forest Lane in Dallas with $2 million in total assets, three officers and seven employees. Today, the bank is celebrating 60 years in business with $1.5 billion in total assets, more than 160 employees and … Read more
On January 28, Lubbock-based FirstBank & Trust of Texas announced the retirement of CEO Barry Orr, effective March 31. He is the organizer and founder of the bank, which will celebrate its 25th anniversary this year. Orr will continue to serve as chairman of the board for FirstBank & Trust, as well as on the board … Read more
SouthStar Bank celebrated a century in business on October 21 in Moulton, featuring live music and barbecue. “Starting from humble beginnings as The Farmers and Merchants Bank, we have grown not only in numbers, but also in talent, services and communities,” says David R. Kapavik, president and CEO. “SouthStar Bank has remained true to its … Read more
To celebrate its 100th anniversary this year, Moulton-based SouthStar Bank hosted a bank-wide Birthday Book Drive that culminated on September 7. Each branch partnered with local schools to help add new books to their libraries this fall. On August 28, the bank held its first book distribution at Norman-Sims Elementary in Austin. School supplies collected … Read more