TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 31, UMB Financial Corp., the parent company of Kansas City, Missouri-based UMB Bank, announced the closing of its acquisition of Denver, Colorado-based Heartland Financial USA Inc., which operates in Texas as First Bank & Trust, based in Lubbock. Heartland Financial USA operated 19 branches in Texas before the merger. Its Texas-based banks will … Read more
San Angelo-based Texas Bank recently announced two promotions. Grant Wilde has been promoted to assistant vice president of trust. Prior to joining Texas Bank, he served for four years as a computer science instructor at Angelo State University. He holds a double-major degree in mathematics and computer science from Angelo State University and earned his … Read more
Dallas-based PlainsCapital Bank has promoted commercial lending manager Seth Schulz to Lubbock market president, succeeding David Quintanilla, whose promotion to West Texas region chairman was announced in December and became effective on January 1. In addition, West Texas real estate lending manager Mark Rosenberg has been promoted to executive vice president. “Both [Shulz and Rosenberg] … Read more
On June 27, Texas Governor Greg Abbott announced the appointment of Marty Green, principal at the law firm Polunsky Beitel Green (PBG), to the Finance Commission of Texas, the body that regulates the state’s consumer credit, banking and mortgage lending activity. Widely recognized as one of the nation’s foremost legal authorities on residential mortgage lending, … Read more
In response to the continuing challenges related to COVID-19, many financial institutions are relying on digital tools, including document management systems, to keep some semblance of normality. Document management systems are among the digital solutions that help your institution streamline operations and external communication. As financial institutions navigate this unprecedented situation while providing essential services … Read more
What are the greatest threats to traditional banks? Based on the day that you ask any banker, you may get a different answer to the question. Community bankers have watched as big banks and credit unions have infringed upon their lines of business and customer base. More recently, they have witnessed the emergence of fintech … Read more