TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On July 18, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and American Bank Holding Corp., the parent holding company of Corpus Christi-based American Bank NA, jointly announced the signing of a definitive merger agreement whereby Prosperity Bancshares will acquire American Bank Holding Corp. and American Bank. The merger has been unanimously approved … Read more
Weatherford-based First Bank Texas has appointed Ed Greenlee to its board of directors. A respected Texas banking executive with 50 years of experience, he brings a wealth of industry knowledge and a strong commitment to community-centered financial services. A native of Abilene, Greenlee’s career in banking has spanned markets across the state, from Abilene, Kerrville … Read more
Pat Leatherwood, chairman of the board of First National Bank of Dublin, has announced the election of Matt Stockman of De Leon and Kameron Mazurek of Comanche to the bank’s board of directors. Stockman is president of Stockman Seed & Fertilizer, a business he launched in 1986 in De Leon. Mazurek founded the law and … Read more
On June 24, Maverick Bancshares Inc., the parent company of Lubbock-based Maverick Bank, and Sandhills Bancshares Inc., the parent company of Monahans-based Tejas Bank, announced that they have entered into a definitive merger agreement under which Maverick will acquire Sandhills. Upon closing, Tejas Bank will merge into Maverick Bank, creating a West Texas community bank … Read more
College Station-based American Momentum Bank has appointed Casey Oldham, CEO and chief investment officer of Oldham Goodwin Group LLC, to the bank’s board of directors. He brings more than 20 years of experience in the commercial real estate industry. “Casey’s expertise in real estate, capital raising and deal structuring, paired with his involvement in communities … Read more
On April 28, the board of directors of Odessa-based SouthWest Bank announced the promotion of Isaiah Navarrete from advisory director to full board member. Based in Odessa, Navarrete is an entrepreneur and business leader with a diverse background spanning lending, oil and gas, finance and construction. He is the owner of Cobra Coating, a partner … Read more
On April 7, El Paso-based WestStar announced the appointment of Enrique Escalante as an advisory director on its board of directors. With an extensive background in executive leadership, corporate strategy and international business, he brings a wealth of expertise to his new role. Escalante currently serves as chief executive officer of GCC, a leading supplier … Read more
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
The Federal Reserve Bank of Dallas has named two new regional executives whose focus will be deepening relationships with business and community leaders in North Texas and the Austin area to gain greater insight into the economy at the grassroots level. Donald Bowers has been named regional executive for North Texas and Guhan Venkatu has … Read more
On January 30, San Antonio-based USAA Federal Savings Bank’s board of directors announced the appointment of Michael Moran as bank president. Moran, who has been serving as the interim president, brings more than two decades of banking experience and a strong commitment to the mission of serving the military community and their families. Before moving … Read more