TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Conversions The TDB reports that Sunflower Bank NA, based in Dallas, has applied to convert to a Texas state charter under the name Sunflower Bank. Branches The OCC reports that it has approved an application by American Bank NA, based in Corpus Christi, to establish a branch at 101 N. Shoreline in Corpus Christi. The … Read more
Branches The OCC reports that it has approved applications by Bank of America NA, based in Charlotte, North Carolina, to establish the following branches: 401 N. Hwy. 77, Ste. 20, in Waxahachie and 2408 McKinney Ave. in Dallas. The agency also reports that it has approved an application by Bank of America to relocate a … Read more
Forbes’ 2024 ranking of the Best-In-State Banks and Credit Unions was released at the end of June. The list provides a comprehensive look at the elite of America’s smaller financial institutions in 2024. Forbes collaborated with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states about … Read more
Laurel Ann (Sissy) Phillips Austin, chief lending officer, investment officer and member of the board of directors at Jacksonville-based Austin Bank and its parent company, Austin Bancorp Inc., passed away on August 29 after a courageous battle with Parkinson’s disease. She was 83. Austin grew up in Jacksonville, graduated as valedictorian from the Jacksonville High … Read more
Branches The OCC reports that it has approved an application by Wells Fargo Bank NA, based in Sioux Falls, South Dakota, to establish a branch at the southwest corner of Hwy. 423 and Hwy. 380 in Frisco. The agency also reports that it has approved an application by Wells Fargo Bank to relocate a branch … Read more
Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 3910 W. State Hwy. 31 W in Corsicana. The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has applied to establish a branch at 110 Vintage Park Blvd., Ste. 100, in Houston. The OCC reports … Read more
Name Changes The TDB reports that First State Bank, based in Abilene, has changed its name to Avana Bank. Home Offices The TDB reports that it has approved an application by Susser Bank, based in Dallas, to relocate its home office from 100 Crescent Ct., Ste. 575, in Dallas to 4010 Maple Ave., Ste. 150A, … Read more
Mergers and Acquisitions The TDB and the FRBD report that Producer Acquisition Corp., based in Beaumont, has applied to become a bank holding company by acquiring Powell State Bank, based in Powell. Branches The OCC reports that it has approved an application by BOKF NA, based in Tulsa, Oklahoma, to establish a branch at 4306 … Read more
Jacksonville-based Austin Bank announced several promotions and a new hire in July. Currently serving as senior vice president and retail market manager for the Piney Woods region, Teressa Karns assumed the role of director of digital banking on August 15 upon the retirement of Lisa Emmons. Karns will also retain the role as retail market … Read more
Dan Droege was recently promoted to executive vice president and regional president at Jacksonville-based Austin Bank. The promotion was announced by Jeff Austin III, chairman of the board. Droege joined the bank in 2017 as a senior vice president and relationship manager in the Longview Oak Forest office and was promoted to Longview market president … Read more