TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 3, Corpus Christi-based American Bank announced the acquisition of ACG Equipment Finance (ACG), a fully integrated direct equipment financing company headquartered in Austin. “Our acquisition of ACG Equipment Finance is consistent with our long-term strategic plan,” says Stephen Raffaele, CEO and president of American Bank. “Bringing our companies together accelerates our growth strategy, … Read more
With the announcement of a new full-service location in Round Rock, Elgin-based Frontier Bank of Texas continues to grow its footprint and strengthen the bank’s position in Williamson County. The planned expansion will include the renovation of an existing property on O’Connor Dr. When completed, the Round Rock facility will feature a customer lobby, drive-up … Read more
Midland-based West Texas National Bank recently completed interior renovations on its Odessa banking office—ahead of schedule and despite weather setbacks, no less. NewGround, a St. Louis, Missouri-based architecture, design and project management firm, was selected to redesign and rebuild the 8,000-square-foot branded retail space. The newly remodeled interior features an open-concept floor plan. Each branch … Read more
Abilene-based First Financial Bank NA, a subsidiary of First Financial Bankshares Inc., announced that it has acquired a new property and will build a state-of-the-art office in Bryan/College Station, located on the northwest corner of Harvey Mitchell Pkwy. and Earl Rudder Fwy. “We certainly are excited to enhance our branch experience for our customers,” says … Read more
Amarillo-based FirstBank Southwest recently announced the start of construction for its new bank at 300 W. Kingsmill in Pampa. The 8,000-square-feet facility will include a full-service bank, six drive-through lanes, a 24-hour drive-up ATM and night-deposit drop. The bank plans to open in the spring of 2022. This April, FirstBank Southwest is temporarily relocating its drive-through, … Read more
On January 19, Independent Financial, a financial services company with 93 locations across Texas and Colorado, announced that construction has begun on phase two of the company’s headquarters in McKinney. The companies making the announcement also included the City of McKinney, McKinney Economic Development Corp. and KDC, a corporate build-to-suit development and investment firm. The … Read more
Houston-based Central Bank will soon have a home in the city’s Lower Heights District mixed-use development. The bank will open the doors for its newest full-service branch at 2799 Katy Frwy., Ste. 150, on January 11. The new location, which replaces the Midtown Houston branch at 2217 Milam St., will provide business and personal banking services in … Read more