TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Dallas-based Sunflower Bank NA has donated $103,590 to K-12 schools and school systems that participated in its ABC Program for Education’s 2023–24 school year campaign. In addition, the ABC Program’s “Pay for As” drawings throughout 2024 resulted in $28,500 in payments directly to students as a reward for academic achievements. Since 2001, the ABC Program … Read more
Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, has announced the recipients of the Texas Capital Foundation’s second annual Honors Awards, which provide grants totaling $250,000 to support four nonprofit organizations addressing community needs across Texas. The Honors Awards are a signature program of the Texas Capital Foundation, which Texas Capital … Read more
Texas Governor Greg Abbott has appointed Cindy Conroy, assistant vice president/director of community outreach at El Paso-based WestStar Bank, to the Texas Department of Housing and Community Affairs. The department is responsible for promoting and preserving homeownership, financing the development of affordable rental housing, supporting community and energy assistance programs, and performing other functions. Her … 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
Bowie-based Legend Bank has launched a bank-wide outreach effort to show support for the health care workers in its communities. It’s called the “Snack Bar of Support.” The idea started with a request from Wise Health System in Decatur. Laura Tanner, a patient navigator at Wise Health System, reached out to Delaina Henderson, Legend Bank’s … Read more
The past year and a half has challenged our industry in ways previously unknown. We began the year expecting our biggest challenge would be the continued growth of deposits at reasonable rates. Today, we are faced with three challenges: a prolonged low-rate environment with continued margin compression; keeping branches open/serving our communities; and an increasing … Read more