TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Employees of College Station-based American Momentum Bank volunteered their time this spring to support the Junior Achievement of the Permian Basin’s JA Economics for Success program. Ten bank employees volunteered at Midland’s Franks Elementary School in March, where they worked with sixth-grade students to teach practical information about personal finance. “We believe that financial education … Read more
North Dallas Bank & Trust Co. (NDBT) is expanding its community service efforts with an increased focus on NDBT Cares, its primary service organization. In conjunction with the new direction, Lisa Rushing, a 19-year banking professional, has been promoted to director of community engagement and will lead the emphasis on elevating the overall impact of … Read more
Pasadena, California-based East West Bank, which operates 13 locations in Texas and the Southwest, recently honored Houston’s first responders by contributing $10,000 to the Houston Police Foundation. The contribution was presented to Houston Police Foundation Executive Director Charlene Floyd, Houston Police Chief Troy Finner and Houston Assistant Police Chief Ban Tien at a public safety … Read more
Midland-based Community National Bank was recently awarded Outstanding Philanthropic Company by the Association of Fundraising Professionals in Midland. The bank was nominated by Kay Crites, executive director of Big Brothers and Big Sisters of the Permian Basin, and recognizes the generous contributions made by Community National Bank to more than 70 nonprofit organizations within the … Read more
On October 25, San Antonio-based Frost Bank announced that it has made an equity investment of $500,000 into the Austin Housing Conservancy Fund (AHC) to support workforce-affordable rental housing in the rapidly growing Austin metropolitan area. AHC, founded in 2016, is an equity fund focused on purchasing multifamily properties and preserving them as affordable housing … Read more
United Way of Greater Houston has named Steve Stephens, chief executive officer of Amegy Bank, as this year’s recipient of the Robert W. Kneebone Volunteer of the Year Award at its annual meeting. The Kneebone Award is a distinguished honor given to a United Way volunteer in recognition of their extraordinary leadership and commitment to … Read more
Abilene-based First Financial Bankshares held its fifth annual company-wide Day of Service on Columbus Day, October 12. First Financial partnered with local nonprofit organizations across Texas to provide assistance and perform service projects in each of the communities it serves. With more than 900 employees participating, Day of Service initiatives took place in 40 locations … Read more
The Independent Bankers Association of Texas (IBAT) recently honored 17 Texas community banks with Best of Community Banking Awards. This year marks the 29th annual celebration of the outstanding accomplishments of IBAT member banks and the critical role they play in communities across Texas. “Community banks do so much for their customers, neighbors and employees, … Read more
Dallas-based Texas Capital Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have provided a $750,000 Affordable Housing Program (AHP) grant to expand the capacity of the Presbyterian Night Shelter homeless men’s long-term program from 240 to 280. The shelter, which opened in 1984, is located just east of downtown Fort Worth. It … Read more