TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
San Antonio-based Lone Star Capital Bank NA has entered into a purchase-and-assumption agreement for substantially all of the assets, deposits and certain other liabilities of Austin-based Business Bank of Texas NA. The acquisition is expected to be completed early in the second quarter of 2021. Established in 2007, Business Bank of Texas has total assets of … Read more
Susie Farley has been promoted to chief operations officer and Riley Floyd has been promoted to chief credit officer at Austin-based Keystone Bank. Farley is an experienced financial services industry professional with a demonstrated history of cross-department experience. Skilled in consumer loan production operations, fraud management, full-service contact center operations, collections, audit and compliance, she is … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
Samuel Owen Kimberlin, former chief executive officer of the Texas Bankers Association, passed away on November 10 in Austin following a short illness due to COVID. After serving in the U.S. Marine Corps for two years at the end of World War II, he attended the University of Texas–Austin, graduating with a BBA degree and … Read more
Austin-based Horizon Bank SSB recently announced the addition of Faron Phinney to serve as senior vice president at its new Temple location. He will be responsible for developing lending relationships within the Temple area. Phinney holds a BBA degree from Angelo State University and is a graduate of the National Commercial Lending School at the … Read more
Austin-based Farm Credit Bank of Texas CEO Larry Doyle recently announced that he is retiring after 17 years with the bank and 45 years in the Farm Credit System. Amie Pala, the bank’s current chief financial officer, will succeed Doyle on January 1, 2021. Doyle will remain CEO until December 31, 2020, to support the … Read more
On October 21, San Antonio-based Southwest Bancshares Inc., the bank holding company for The Bank of San Antonio, closed its merger of three affiliated banks, creating a unique Central Texas banking franchise. In connection with the closing of the transaction, Capitol of Texas Bancshares, the holding company for The Bank of Austin, and Texas Hill … Read more
SouthStar Bank celebrated a century in business on October 21 in Moulton, featuring live music and barbecue. “Starting from humble beginnings as The Farmers and Merchants Bank, we have grown not only in numbers, but also in talent, services and communities,” says David R. Kapavik, president and CEO. “SouthStar Bank has remained true to its … Read more
Tyler-based Southside Bank is opening a new Austin branch on August 31 at The Domain. The new space, located at 11815 Alterra Pkwy., Ste. 100, is a relocation of the bank’s Austin branch on N. Mopac Expwy., which will close on August 28. In addition to The Domain location, Southside Bank will continue to serve … Read more