TEXAS BANKING NEWS, PEOPLE and IDEAS
Forbes has produced its 2026 ranking of America’s Best-In-State Banks. The ninth annual rankings—created in partnership with market research firm Statista—are based on survey responses from 26,000 U.S. residents. The rankings include nine Texas-based banks. Participants were asked how satisfied they were and how likely they were to recommend the U.S.-based banks at which they … Read more
On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more
On October 27, Arp-based American State Bank announced a partnership with Super Bowl-winning Kansas City Chiefs quarterback Patrick Mahomes as the bank looks to accelerate its expansion plans and digital transformation. As part of this buildout in the Lubbock, Amarillo, Plainview and Dallas/Fort Worth markets, Mahomes has become a significant stakeholder in American State Bank. … Read more