TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The SW Graduate School of Banking at Southern Methodist University (SWGSB) has announced that Stephan Crétier, GardaWorld Security founder, president and CEO, will be the keynote speaker for SWGSB’s 2026 summer graduate school session, May 26–June 5. Crétier founded GardaWorld in 1995 with an initial investment of $25,000, secured through a second mortgage on his … Read more
Wellington-based Wellington State Bank recently held the 35th annual stockholders meeting of its current ownership group, commemorating a significant milestone as the bank celebrates its 120th anniversary. Established in 1906, Wellington State Bank is recognized as the second-oldest state-chartered bank in Texas. In celebration of the bank’s 120th anniversary, stockholders received commemorative gifts, including cedar … Read more
Coastal Bend Bancshares, the holding company for Corpus Christi-based First Community Bank, has entered into a definitive agreement to acquire Port Lavaca-based First National Bank. The transaction is expected to close in the second quarter of 2026. “Our roots along the Texas Gulf Coast run deep at First Community Bank,” notes Wes Hoskins, First Community … Read more
On April 6, Texas Gulf Bancshares Inc., parent company of Houston-based Texas Gulf Bank NA, announced that Chase Zalman has been appointed president of Texas Gulf Bank, effective immediately. Zalman brings more than 20 years of banking leadership experience to the new position. He joins the bank from Prosperity Bank, for which he most recently … Read more
Larry Allen, area chairman of Lubbock-based Peoples Bank, has announced the promotion of Marcus Brockman to rural markets president. He has been with Peoples Bank for 21 years. Brockman grew up in Nazareth and helped open the Peoples Bank branch there. He has been serving customers in that community as a lender since the Nazareth … Read more
Sulphur Springs-based Alliance Bank announced that it has promoted two team members to serve as regional presidents. The promotions were announced by James Law, president and CEO. J. Corky Randolph has been promoted to senior vice president/regional president for Rockwall. Collin and Hunt counties. He previously served as the bank’s Rockwall County market president. He … Read more
In mid-March, Midland-based Community National Bank announced numerous officer promotions and market president appointments. Sterling Swack has been named the Lubbock market president, bringing with him more than 14 years of banking experience. He has been a member of the Community National Bank team since 2017, most recently serving as Odessa market president, where he … Read more
On March 30, Texas Banking Commissioner Charles G. Cooper announced that Yoakum-based Yoakum National Bank has completed its conversion to a Texas state-chartered bank from a national banking association. Under its new charter, the bank will begin operating as Yoakum Bank. The bank, a wholly owned subsidiary of Yoakum National Bancshares Inc., was originally chartered … Read more
Susser Banc Holdings Corp., the parent company of Dallas-based Susser Bank, announced that it has redomiciled from Maryland to Texas. The move formally aligns the company’s corporate governance with its Texas-based banking franchise, client base and long-term growth strategy. The redomicile does not change the company’s leadership, strategy or daily operations. “Our family began doing … Read more
Pittsburg-based Pilgrim Bank has announced the promotion of Jason Snodgrass to market president/Tyler. He joined the bank in 2018 and currently serves in Mount Pleasant as senior vice president/market leader for Northeast Texas. Pilgrim Bank has steadily expanded its presence across East Texas in recent years, and Snodgrass will play an important role in strengthening the … Read more