TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 14, Dallas-based Comerica Bank announced that it has exceeded its three-year $5 billion small-business lending commitment launched in 2021. Through 2023 third-quarter earnings, Comerica Bank achieved 102 percent of its commitment since the bank’s initial announcement. The impact of this commitment has supported more than 15,000 small businesses across the bank’s footprint. “Small … Read more
On February 21, the American Bankers Association (ABA) launched an online resource focused on special purpose credit programs (SPCPs), highlighting Houston-based Amegy Bank’s Small Business Diversity Banking Program (SBDBP) as the SPCP benchmark for banks across the nation. ABA’s webpage outlines how SPCPs work and includes a checklist for banks to follow when developing models … Read more
On December 8, Dallas-based Comerica Bank revealed plans for Comerica BusinessHQ, a collaborative space that will provide integral services and value to small businesses in the Southern sector of Dallas. The bank is transforming idle real estate on the first floor of its R.L. Thornton location into a unique community resource that provides high-need, high-opportunity … Read more
On August 9, Lendistry, a minority-led and technology-enabled small business and commercial real estate lender, announced plans to support underserved small businesses across Texas thanks to the funding of $5 million provided by Dallas-based Texas Capital Bank. The partnership allows Lendistry to open a physical location in Dallas—its first in Texas—and provide access to capital … Read more
When a bank launches a green initiative, sustainability may not be the first thing that comes to mind, but Elgin-based Frontier Bank of Texas is changing that perception on several fronts. From the installation of solar energy panels to the financing of commercial conservation efforts, Frontier Bank is breaking new ground by identifying and acting … Read more