TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell. Main Offices The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its … Read more
Mergers and Acquisitions The OCC reports that Austin Bank NA, based in Jacksonville, has applied to acquire Chasewood Bank, 20333 State Hwy. 249 in Houston. Loan Production Offices The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches … Read more
The Federal Reserve Bank of Dallas has announced appointments and reappointments of several prominent Texas bankers to its board of directors and branch boards. As Dallas Fed board and branch board members, they will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Victor R. Pierson, chair, president and … Read more
Dallas-based PlainsCapital Bank recently announced that Travis Smart has joined its Fort Worth lending team as senior vice president/senior commercial loan officer. He will be based at the bank’s downtown Fort Worth location on Houston St. Smart brings more than 12 years of experience in commercial banking. Before joining PlainsCapital Bank, he served as vice … Read more
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
American Banker has released its 2024 list of the “Best Banks to Work For,” which includes nine banks based in Texas. Northbrook, Illinois-based First Bank Chicago was ranked No. 1 in this year’s list among 90 banks in the 12th annual ranking. The banks on the 2024 list range in size from the 52-employee First … Read more
Mergers and Acquisitions The TDB reports that First Liberty Bank, based in Liberty, has applied to merge with Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The TDB reports that it has approved an application by TexasBank, based in Brownwood, to establish a branch at 2641 E. … Read more
Mergers and Acquisitions The TDB reports that Columbus State Bank, based in Columbus, has applied to merge with Hill Bank & Trust Co., based in Weimar. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish the following branches: 10505 Broadway St. in Pearland and 3000 S. Jackson Rd. … Read more
Branches The OCC reports that it has approved an application by Southtrust Bank NA, based in George West, to establish a branch at 14090 Southwest Fwy., Ste. 220, in Sugar Land. The OCC reports that PNC Bank NA, based in Wilmington, Delaware, has applied to establish a branch at 8031 Walnut Hill Ln. in Dallas. … Read more
Choudrant, Louisiana-based Origin Bank has opened its new Preston Financial Center in Dallas. Its previous location in Preston Center has relocated to the new flagship location at 8411 Preston Rd. “Our customers can enjoy new amenities and innovative features designed to elevate their banking experience,” says Warrie Birdwell, North Texas president. The two-story financial center, … Read more