TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

COVID-19

Five Ways Your Financial Institution Can Use Digital Tools to Connect With Customers During COVID-19

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In response to the continuing challenges related to COVID-19, many financial institutions are relying on digital tools, including document management systems, to keep some semblance of normality. Document management systems are among the digital solutions that help your institution streamline operations and external communication. As financial institutions navigate this unprecedented situation while providing essential services … Read more

Did the Paycheck Protection Program Funds Get to Small Businesses? A Study of the Role of Community Banks in Texas

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MARK GRIFFITHS, Principal, MG2 Investments LLCMIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech UniversityDREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper was provided by the Excellence in Banking Program at Texas Tech University and provides documentation and valuable insights into the remarkable efforts of community banks … Read more

Affiliated Bank and SouthWest Bank Terminate Merger Agreement

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Arlington-based BancAffiliated Inc., the sole shareholder of Affiliated Bank National Association, and Odessa-based Odessa SouthWest Bancshares Inc., the sole shareholder of SouthWest Bank, have mutually agreed to terminate their merger agreement, previously announced last December. The termination is in response to the extreme uncertainty resulting from the global health crisis caused by the COVID-19 pandemic and … Read more

Texas Banks Partner with LiftFund to Provide Unity Grants for Small Business

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In July, Texas banks, which have been supporting customers, small businesses and communities throughout the COVID-19 pandemic, announced a unity grant program to provide quick relief to minority and women-owned small businesses impacted by manmade or natural disasters. Reflecting the work of Texas community banks, the Texas Bankers Association and its charitable arm, the Texas Bankers … Read more

Bank Director Releases 2020 Bank Compensation Survey

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Each year, Bank Director releases the results of its Bank Compensation Survey, examining talent and pay trends. This year is no different; however, the results of the survey, conducted during the current pandemic, shed new light on the need for banks to hire and maintain quality talent that fits with the bank’s culture and supports … Read more

TYME Bank Withdraws De Novo Application

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On July 28, Farmers Branch-based TYME Bank withdrew its de novo application with the Federal Deposit Insurance Corp. due to economic uncertainty as COVID-19 cases started rising in the state, but the bank’s CEO says the company may resubmit its application as the economy improves, according to S&P Global Market Intelligence. “Things started getting better, … Read more

Pandemic Banking: A Prologue to the Future

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“What’s past is prologue.” —William Shakespeare, The Tempest I cannot see the future. Honestly, I am struggling to keep up with the present—but I am taking notes. These notes will serve as the prologue for a future in which there will be plenty of questions about what banks did or did not do to put … Read more

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

Linkedin Twitter Facebook

© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas