TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Independent Bankers Association of Texas (IBAT) recently honored Rogers Pope Jr., vice chairman and CEO of Longview-based Texas Bank and Trust, with the 2021 IBAT Chairman’s Award. Brad Tidwell, IBAT’s 2020-21 chairman and president and CEO of Henderson-based VeraBank, chose this year’s honoree and bestowed the prestigious award to Pope in September during IBAT’s … Read more
The Bank of Austin is scheduled to open its second financial center near downtown Austin. The Hartland Plaza location at 1717 W. 6th St., Ste. 110, will open during the fourth quarter of 2021. Near well-established neighborhoods, the new location is within five minutes of the city’s Tarrytown and Pemberton neighborhoods. It is also 10 … Read more
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 880 S. Preston Rd. in Prosper. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 1920 E. Riverside Dr., Bldg. C, in Austin. The OCC reports that Texana Bank … Read more
Conversions The TDB reports that Texas Capital Bank, based in Dallas, has completed its conversion to a state-chartered bank. Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 3869 Maurice Ave., Ste. 101, in Fort Worth. The OCC reports that PNC Bank NA, … Read more
Tupelo, Mississippi-based BancorpSouth Bank, with 80 branches in Texas, announced numerous president-level promotions in September. BancorpSouth Bank has promoted Teri Champlin to community bank president in Belton. She previously served as a senior vice president and relationship manager. Champlin has more than 20 years of prior banking experience, including a specialization in real estate lending. … Read more
The Independent Bankers Association of Texas (IBAT) recently announced that Thomas Sellers, chairman of the board and chief executive officer of Sulphur Springs-based Alliance Bank, has been elected chairman of the IBAT board of directors for 2021–22. He officially accepted this position during the association’s 47th annual convention held September 18–21 in Austin. In addition … Read more
Austin-based BAT Investments Inc. has acquired Carrizo Springs-based Capital Bank of Texas as part of an effort to expand and strengthen the role of community banks in the state. BAT Investments entered into an agreement to purchase Capital Bank of Texas on January 15, 2021, and the acquisition was finalized on September 28, 2021. The … Read more
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Capital Bank of Texas, based in Carrizo Springs, to merge with BAT Investments Inc., based in Austin. The TDB reports that First United Bank, based in Dimmitt, has merged with First Bank and Trust of Childress, based in Childress. The TDB reports … Read more
Mergers and Acquisitions The TDB reports that Citizens State Bank, based in Somerville, has applied to acquire Burton State Bank, based in Burton. The TDB reports that The Chasewood Bank, based in Houston, has applied to merge with MergerCo Inc., based in Houston. Home Office Relocations The TDB reports that WestStar Bank has relocated its … Read more