TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
As vice president of business development at the Greenville location, Joe Winniford has been helping Terrell-based American National Bank of Texas customers reach their goals since 2002. With more than 50 years of banking experience, he is retiring at the end of December. He started his career in 1963 in operations and eventually worked his way … Read more
Arlington-based Worthington National Bank has hired Veronica Watkins to serve as chief financial officer. She will be taking the reigns from Les Schuler as he retires from his 46-year career in banking this month. As CFO, Watkins will oversee Worthington’s accounting, finance, operations, compliance and human resources departments. Prior to joining the Worthington National Bank … Read more
O n December 1, the Federal Deposit Insurance Corp. (FDIC) reported results from commercial banks and savings institutions that reflect improved profitability from the first and second quarters of this year, increased liquidity and strengthened capital levels. As a result, the banking industry remains well-positioned to accommodate loan demand and support the economy. For the … Read more
Rusty Hitt, CEO of Corsicana-based Community National Bank & Trust, recently announced the addition of Leslie Leerskov as vice president of business development. Heading up a new department at the bank, she will grow new business and provide service recommendations to aid existing customers. She has held positions with Kerens ISD, Raymond James Financial and LPL … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
The economy expanded at a modest pace in the Federal Reserve System’s 11th District in recent months, but activity in most industries remained below normal levels. That’s one of the key findings reported in the Fed’s latest edition of the Beige Book, published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic … Read more
On November 30, longtime West Texas banker John E. Grist acquired a controlling interest in Snyder-based West Texas State Bank, according to the Odessa American. Grist assumed the positions of chairman and chief executive officer. Mark Williamson will remain as president and continue to serve on the board, while Darryl Calley will continue to serve as executive vice … Read more
The board of directors of Oklahoma City-based Valliance Bank has elected Alicia Wade president and chief operating officer, effective January 1, 2021. She joined Valliance Bank in 2007 and has more than 23 years of banking experience. Wade has overseen bank and branch operations, compliance, cybersecurity, physical security, marketing and information technology. Brad Swickey will … Read more
Enterprise-level technology solutions expert Kenneth Arakelian has been tapped by Tulsa, Oklahoma-based ENACOMM to spearhead the advancement of the company’s suite of fintech products and services as senior vice president/chief product officer. He will scale the company’s intelligent interactive voice response system for deployment by major banks with numerous branches. He’ll also expand ENACOMM’s virtual personal … Read more
Conroe-based Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank SSB, recently announced that Allison S. Johnson has been appointed by the board to serve as executive vice president and chief financial officer of both the company and its wholly owned subsidiary. She has been serving as interim chief financial officer of … Read more