TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more
The Federal Home Loan Bank of Dallas (FHLB Dallas) has recognized three member financial institutions for their commitment to community investment by naming them 2023 Community Area Revitalization Efforts (CARE) Award recipients. First National Bank Texas, Home Bank and The First Bank were honored recently during FHLB Dallas’ annual member conference. Each member was awarded $7,500 … Read more
With housing costs on the rise across Texas, finding an affordable place to live has become a crisis for too many families. Family incomes are not rising nearly as quickly as home prices in most regions of the state. According to studies, housing costs should account for less than 31 percent of a family’s income; … Read more