TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
In August, Dallas-based Vista Bank received the Federal Reserve System’s highest rating of “Outstanding” during a recent Community Reinvestment Act examination. Each year, only 13 percent of banks in the U.S. get the highest rating from the Federal Reserve. During a fiscal year that saw considerable challenges for the entire banking sector, the “Outstanding” rating … Read more
Corpus Christi-based American Bank announced that it has promoted Monique Espinosa to community development manager. In this newly created position, she will lead the bank’s community development team and be responsible for engaging with current and prospective clients throughout the bank’s South and Central Texas markets. She’ll also have responsibility for strategic initiatives related to … 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