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 June 3, Dallas-based Texas Capital Bank and several of area nonprofit organizations hosted a fair for the West Dallas community. The event was held at the Texas Capital Banking Center in Trinity Groves and included complimentary food from local vendors, family fun and financial education. The bank has supported the West Dallas community in … Read more
On February 15, Dallas-based Comerica Inc. announced that Derric Hicks has been named the group manager for its new South Dallas business banking team. He will report to Amanda Mahaney, Dallas market president. Hicks, who has more than 20 years of experience in banking, will lead a team that will serve the southern sector of Dallas … Read more
On January 20, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that John W. Cummings will serve in the newly created role of executive vice president/chief administrative officer. He will be responsible for leading the bank’s community development, corporate communications, corporate real estate, corporate security, operations and marketing departments, as well … Read more
When February’s ice storm caused unprecedented power outages throughout much of Texas, Yeneka Younger (pictured above) shivered in an unheated Dallas home for days. But that wasn’t the worst of it. The freezing temperatures caused pipes to burst in her kitchen resulting in extensive water damage to her cabinets and flooring. The Woodlands-based Woodforest National … Read more
Elgin-based Frontier Bank of Texas is helping stabilize housing expenses for moderate- and middle-income families in the Austin area. The Central Texas community bank is investing $1 million in the Residency Support Fund of the Austin Housing Conservancy (AHC), a group at the forefront of addressing Austin’s workforce affordability crisis. “We are fully committed to … Read more
Independent Banker, the flagship publication of the Independent Community Bankers of America, recently published its third-annual list of “40 Under 40: 2021’s Emerging Community Bank Leaders.” According to the magazine, “The competition highlights young community bankers who stepped up to help their banks navigate a chaotic year. They delivered economic relief. They introduced new technology. … Read more
If COVID-19 and an economic recession are not enough for you to deal with, here’s another regulatory issue that continues to loom over all banks—the Community Reinvestment Act. CRA Exams. First, CRA examinations and release of exam results continue. Lists of banks up for their exam are posted. These should be “virtual” exams in keeping … Read more