TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On November 7, Henderson-based VeraBank announced the hiring of new bankers for three of its Central Texas locations. VeraBank has hired Kevin Kelly to serve as the Georgetown market president. He has worked as a community banker in the Georgetown market for nearly 20 years. Before that, he served the Austin market for almost 20 … Read more
Charles Colley has joined the Austin commercial lending team at Tyler-based Southside Bank as executive vice president/commercial lending. He has worked in the banking industry in Austin for 28 years. He is active within the Austin community, including membership in the Real Estate Council of Austin, serving as a 10-year board member, past president and … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Great Plains National Bank, based in Elk City, Oklahoma, to acquire Providence Bank of Texas SSB, based in Southlake. The TDB reports that Pinnacle Bank, based in Fort Worth, has applied to acquire Crockett National Bank, based in San Antonio. Branches The … Read more
Branches The OCC reports that Classic Bank NA, based in Cameron, has applied to establish a branch at 204 W. U.S. Hwy. 79 in Thorndale. The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has relocated a branch from 109 N. San Saba St. in San Antonio to 106 S. … Read more
Moulton-based SouthStar Bank recently announced that it has promoted Jesica Garza to vice president of lending/branch executive at the Georgetown branch. She has been with SouthStar Bank for three years as a portfolio lender, specializing in land and construction financing. She has multiple years of prior experience in mortgage lending. As a certified mortgage planning … Read more
Mike Morgan recently joined The Bank of Austin’s commercial banking team as senior vice president/commercial banking relationship manager. He brings more than 15 years of commercial banking experience in Austin working with a variety of businesses, industries and entrepreneurs. In his new role, Morgan will serve business clients through an array of lending capabilities, treasury … Read more
Home Offices The TDB reports that Jefferson Bank, based in San Antonio, has applied to relocate its home office from 2900 Fredericksburg Rd. in San Antonio to 1777 N.E. Loop 410 in San Antonio. Branches The OCC reports that it has approved an application by Extraco Banks NA, based in Temple, to establish a branch … Read more
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has completed its acquisition of TexStar National Bank, based in Universal City. The TDB reports that Roscoe State Bank, based in Roscoe, has merged with and into Cornerstone Capital Bank SSB. The TDB reports that Allegiance Bank, based in Houston, has … 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 northwest corner of FM 1488 and Spur 149 Rd. in Magnolia. The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, … Read more
Congratulations to American Bank’s Stephen C. Raffaele and Keystone Bank’s Jeff Wilkinson for being nominated as the top CEO in Central Texas in the Austin Business Journal’s 2022 “Best CEO Awards.” The Austin Business Journal hosts the annual awards to recognize chief executive officers in Central Texas who have a strong record of innovation and … Read more