TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Henderson-based VeraBank continues to expand its footprint in Central Texas with the opening of a new branch in Bastrop, which opened for business on May 1. This full-service branch will be VeraBank’s first in Bastrop and ninth in the greater Austin area. “Our bank is large enough to serve any of your financial needs, but … Read more
Wilmington, Delaware-based PNC Bank announced a number of new hires over the past month at its Central Texas offices in Austin and San Antonio. PNC Bank has hired Charlie Chadderdon to serve as senior vice president and managing director of corporate and institutional banking in Austin. He is a FINRA-licensed banker with more than a … Read more
Guaranty Bancshares Inc., the parent company of Mount Pleasant-based Guaranty Bank & Trust, announced a $1 million equity investment in the Austin Housing Conservancy Fund (AHC) to support workforce affordable rental housing in Central Texas. AHC is a private equity fund focused on purchasing multi-family properties and preserving them as affordable housing for front-line personnel, creatives, … Read more
Henderson-based VeraBank continues to expand its footprint in Central Texas with the opening of a new branch in Leander on May 9. The new full-service branch is VeraBank’s first in Leander and sixth in the greater Austin area. “We are thrilled to open a Leander branch to better serve our Williamson County customers,” says Jonathan … Read more
On March 21, San Antonio-based Broadway Bank announced a $4 million equity investment to the Austin Housing Conservancy (AHC) Fund to support affordable moderate-income rental housing in Central Texas. Formed in 2018 to address rising housing expenses, the AHC fund invests and preserves multifamily properties by maintaining their affordability to moderate and middle-income families. AHC … Read more
Dallas-based Susser Bank recently announced its leadership team to serve San Antonio, Austin and the South Texas region. The team is unique in that three of the individuals are San Antonio natives and have served together for two decades in the banking industry. The new team members include Steve Edlund, San Antonio market executive; Adam Carr, … Read more
The board of directors of Waco-based The First National Bank of Central Texas (FNBCT) unanimously approved officer promotions during its December meeting. Steve Gohring has been promoted to chief operating officer. He brings nearly four decades of banking experience to his new position. He’s worked in the operations department at FNBCT since 2015. John Low … Read more
On October 21, San Antonio-based Southwest Bancshares Inc., the bank holding company for The Bank of San Antonio, closed its merger of three affiliated banks, creating a unique Central Texas banking franchise. In connection with the closing of the transaction, Capitol of Texas Bancshares, the holding company for The Bank of Austin, and Texas Hill … Read more