TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB and FRBD report that BAT Investments Inc., based in Austin, has applied to acquire Capital Bank of Texas, based in Carrizo Springs. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2522 W. Grand Pkwy. N in Katy. The OCC reports … Read more
The Texas Bankers Association (TBA) has partnered with national nonprofit organization CareerWork$ to support the expansion of its signature free vocational training program, BankWork$, in Texas. The program, which currently operates classes at Dallas College, helps young adults from low-income communities build meaningful careers in banking through a free eight-week career training program, with placement assistance … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Lone Star Capital Bank National Association, based in San Antonio, to acquire Business Bank of Texas National Association, based in Austin. Branches The OCC reports that it has approved an application by Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, to establish a … Read more
When a bank launches a green initiative, sustainability may not be the first thing that comes to mind, but Elgin-based Frontier Bank of Texas is changing that perception on several fronts. From the installation of solar energy panels to the financing of commercial conservation efforts, Frontier Bank is breaking new ground by identifying and acting … Read more
San Antonio-based Broadway Bank has announced the opening of a new loan production office (LPO) in Round Rock. The location will offer both business and personal loan products and services, including commercial loans, commercial real estate, business banking, private banking and mortgages. The new LPO is part of the bank’s aggressive plan for growth in … Read more
Dallas-based PlainsCapital Bank recently announced a series of senior-level leadership promotions across its Dallas, Austin and Lubbock markets. John Owens has transitioned from West Texas region chairman to chairman emeritus. He co-founded PlainsCapital Bank in 1988 and has more than four decades of banking experience in the Lubbock area. He received a BBA degree and … Read more
Austin-based BAT Investments Inc. has reached an agreement to acquire Capital Bank of Texas, headquartered in Carrizo Springs. With branches in Carrizo Springs and Crystal City, as well as a loan production office in Austin, Capital Bank of Texas has assets of approximately $84 million. The bank was established in 2003. The acquisition is expected to … Read more
San Antonio-based Broadway Bank recently announced the hiring of Blake Absher as executive vice president and Austin market executive to spearhead strategic growth in Central Texas. The bank entered the market in 2012 and currently has seven locations in Austin and the surrounding area, and it’s positioned to expand services and hire more talent in 2021. Regional expansion … Read more
On January 25, Austin FC, the 27th club in Major League Soccer (MLS), announced that it has entered into a multiyear stadium-naming-rights partnership with Q2 Holdings Inc., an Austin-based provider of digital transformation solutions for banking and lending, for its state-of-the-art, $260-million stadium. Austin FC’s 20,500-plus seat Q2 Stadium will become one of 20 soccer-specific stadia … Read more
Ben Wallace, chairman of the board of Corpus Christi-based American Bank, has announced that Clayton J. Hoover Jr. has been elected to the bank’s board of directors and Robert Greenwood has been appointed to serve as chairman of the bank’s advisory board of directors. Advisory board members act as bank ambassadors and provide advice and … Read more