TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
In January, numerous appointments to the Federal Reserve Bank of Dallas’ board of directors and its branch boards were announced. These appointees provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the … Read more
On January 2, Winter Haven, Florida-based SouthState Corp. announced the closing of its acquisition of Independent Bank Group Inc. through the merger of McKinney-based Independent Financial with and into SouthState. Immediately after the January 1 merger, Independent Financial’s subsidiary bank, Independent Bank, merged with and into SouthState Bank NA. As a result of these transactions, … Read more
In October, Houston-based Gulf Capital Bank announced that Allan Li, CEO of Pamarco Technologies LLC, has joined the bank’s board of directors. Pamarco Technologies is an industrial manufacturing company that supplies and services major multinational integrated packaging suppliers and OEM firms worldwide. Li also serves as a managing director and board member of Kotts Capital … Read more
The Federal Reserve Bank of Dallas has announced appointments and reappointments of several prominent Texas bankers to its board of directors and branch boards. As Dallas Fed board and branch board members, they will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Victor R. Pierson, chair, president and … Read more
Ruston, Louisiana-based Origin Bancorp Inc., the holding company for Choudrant, Louisiana-based Origin Bank, has announced the appointment of Cecil Jones to the board of directors of both the bank and its holding company. Jones is a certified public accountant with more than 30 years of experience working primarily with financial institutions. For the past 10 … Read more
David W. Osborn, president and CEO of El Paso-based WestStar Bank, has been appointed to the American Bankers Association (ABA) board of directors. He will serve a three-year term on the ABA board, contributing to shaping national banking policies and providing input on regulatory issues to help guide the industry’s future. Osborn, who has served … Read more
The Federal Reserve Bank of Dallas has re-appointed Gabriel “Gabe” Guerra of Corpus Christi to the bank’s San Antonio branch board of directors for a three-year term ending December 31, 2027. He joined the San Antonio branch board in 2022. As a board member, Guerra provides input on regional economic conditions as part of the Federal … Read more
In early October, the Independent Bankers Association of Texas (IBAT) announced that Tracy Harris, chief strategic planning and project officer at Harlingen-based Texas Regional Bank, has been elected chair of the IBAT board of directors for 2024–25. She officially accepted the position during the association’s 50th Annual Convention held October 5–8 in San Antonio. In … Read more
On August 27, Champaign, Illinois-based First Busey Corp., the holding company for Busey Bank, and Leawood, Kansas-based CrossFirst Bankshares Inc., the holding company for CrossFirst Bank, announced their plan to merge, pursuant to which CrossFirst will merge with and into Busey in an all-common stock transaction valued at approximately $916.8 million, based on Busey’s closing … Read more
James Hill, former Texas banker and current director of the Neeley Center for Real Estate at Texas Christian University in Fort Worth, has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve the remaining portion of an unexpired term ending December 31, 2024, and provide … Read more