TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On May 26, Birmingham, Alabama-based BBVA USA announced the opening of 11 new branches across five Texas markets, marking a major milestone in an endeavor first announced in June 2020. The branches, which opened in early May, feature updated models aligned with the bank’s vision of integrating both a digital and face-to-face branch banking experience … Read more
Independent Banker, the flagship publication of the Independent Community Bankers of America, recently published its third-annual list of “40 Under 40: 2021’s Emerging Community Bank Leaders.” According to the magazine, “The competition highlights young community bankers who stepped up to help their banks navigate a chaotic year. They delivered economic relief. They introduced new technology. … Read more
Kurt Purdom, deputy commissioner at the Texas Department of Banking, has announced his retirement effective August 31. The announcement comes after serving more than 39 years in bank regulatory supervision with the Texas Department of Banking. Purdom has held the position of deputy banking commissioner since November 2018. “Kurt has been part of this agency’s … Read more
Christopher Williston, president and CEO of the Independent Bankers Association of Texas (IBAT), announced on May 10 that Abbey Carnes has been hired to serve as associate director of membership. In her new role, she will assist the membership department as the “eyes and ears of IBAT,” connecting with members to drive additional value and … Read more
Home Office The TDB reports that WestStar Bank, based in El Paso, has applied to relocate its home office from 500 N. Mesa in El Paso to 601 N. Mesa in El Paso. Branches The OCC reports that Texas Republic Bank National Association, based in Frisco, has established a branch at 1212 S. Preston Rd., … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Happy State Bank, based in Happy, to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Peoples Bank, based in Lubbock, has acquired First Bank & Trust, based in Seymour. Branches The OCC reports that Amarillo National Bank, … Read more
Denver, Colorado-based FirstSun Capital Bancorp, the holding company of Sunflower Bank NA, and Austin-based Pioneer Bancshares Inc., the holding company of Pioneer Bank SSB, jointly announced on May 11 that they have entered into a definitive agreement pursuant to which Pioneer Bancshares and Pioneer Bank will merge with and into FirstSun Capital Bancorp and Sunflower … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has applied to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Commercial Bank of Texas National Association, based in Nacogdoches, has acquired a branch from Texas Bank and Trust Co., based in Longview. The branch is located at 102 W. … Read more
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