TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that Home Bank National Association, based in Lafayette, Louisiana, has applied to acquire Texan Bank National Association, based in Houston. The TDB reports that Texas Regional Bank, based in Harlingen, has applied to acquire AccessBank Texas, based in Denton. Conversions The TDB reports that Texas Exchange Bank, based in … Read more
Conversions The TDB reports that Bank of Houston, based in Houston, has converted from a national association to a state-chartered bank. Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has applied to relocate a branch from 1001 Hwy. 146 S in La Porte to 1307 W. Fairmont … Read more
Dallas-based PlainsCapital Bank recently announced that Chris Bielss has joined its Austin commercial lending group as senior vice president at 2705 Bee Caves Rd. in Westlake. “[Bielss’] deep-rooted relationships with local entrepreneurs and strong commercial banking background make him an excellent fit to serve PlainsCapital’s clients in Austin and across Texas,” says Sean Mills, Westlake … Read more
On January 3, Corpus Christi-based American Bank announced the acquisition of ACG Equipment Finance (ACG), a fully integrated direct equipment financing company headquartered in Austin. “Our acquisition of ACG Equipment Finance is consistent with our long-term strategic plan,” says Stephen Raffaele, CEO and president of American Bank. “Bringing our companies together accelerates our growth strategy, … Read more
Conversion The TDB reports that it has approved an application by Texas Exchange Bank, based in Crowley, to convert to a state-chartered bank under the name Texas Exchange Bank SSB. Branches The OCC reports that JPMorgan Chase Bank National Association, based in Columbus, Ohio, has established a branch at 2475 Bay Area Blvd., Bldg. A, … Read more
Henderson-based VeraBank has welcomed Justina Mojica to its Austin team as concierge banker and business development officer. A dual native of Chicago and Houston, now settled in Austin, Mojica will focus on extended-hour and personalized services for the bank’s VIPs and business customers. The role will support the lending and treasury departments, working directly with clients … Read more
In 2021, San Antonio-based Broadway Bank celebrated 80 years of service to customers and communities in South Central Texas. In 2022, the bank is launching an effort to identify and enter a new market in Texas to expand its expertise and strengths to new business opportunities—particularly in commercial real estate lending. To prepare for strategic … Read more
Branches The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, to establish a branch at U.S. Highway 380 in Cross Roads. The OCC reports that it has approved an application by JPMorgan Chase Bank National Association, based in Columbus, Ohio, to establish a branch at the … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by The Hondo National Bank, based in Hondo, to merge with Community National Bank, based in Hondo, and operate under the new name TXN Bank National Association. The TDB reports that Citizens State Bank, based in Somerville, has completed its acquisition of Burton … Read more
Home Office Relocation The TDB reports that Freedom Bank has applied to relocate its home office from 902 E. Riley St. in Freer to an existing branch at 533 N. Alamo Rd. in Alamo and maintain the branch at 902 E. Riley St. in Freer. Branches The TDB reports that it has approved an application … Read more