TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Federal Home Loan Bank of Dallas (FHLB Dallas) has made available $99.4 million in grants this year through its Affordable Housing Program (AHP) and AHP homeownership initiatives. Of the total funding, $79.4 million was allocated to the AHP General Fund, which provides grants to assist FHLB Dallas members in financing the purchase, construction and … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has established a branch at 1015 Hwy. 80 in San Marcos. The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a branch in the HEB at 3601 FM 1488 in The Woodlands. The … Read more
Branches The OCC reports that it has approved an application by First National Bank Texas, based in Killeen, to establish a branch at 4101 W. Wheatland Rd. in Dallas. The OCC reports that it has approved an application by Investar Bank NA, based in Baton Rouge, Louisiana, to establish a branch at 2657 S. Loop … Read more
Conversions The TDB reports that First Financial Bank, based in Abilene, has converted from a national association to a Texas state-chartered bank. Branches The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has established a branch at 5940 Fairmont Pkwy. in Pasadena. The OCC reports that Extraco Banks NA, based in Temple, has … Read more
On May 15, Dallas-based Comerica Bank announced that David Milton has been named its Dallas market president. Additionally, he will serve as director/middle market and business banking, reporting to Corey Bailey, executive vice president/middle market and business banking. As market president, Milton will manage business and community development efforts, including acquiring and strengthening relationships in … Read more
On April 25, Business First Bancshares Inc., the holding company for Baton Rouge, Louisiana-based b1Bank, announced that it entered into a definitive agreement to acquire Oakwood Bancshares Inc. and its subsidiary, Dallas-based Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million based on the company’s closing price of $21.57 per … Read more
Branches The OCC reports that Bank of Brenham NA, based in Brenham, has established a branch at 869 N. Earl Rudder Fwy. in Bryan. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northeast corner of Gattis School Rd. and … Read more
Conversions The TDB reports that it has approved an application by First Financial Bank and its holding company, First Financial Trust & Asset Management Co., both based in Abilene, to convert from a national banking association to a state-chartered bank. Branches The OCC reports that it has approved an application by National Bank & Trust, … Read more
Harlingen-based Texas Regional Bank has appointed Hudson Marshall executive vice president of commercial banking. He will be responsible for leading and overseeing the business development, risk management and relationship growth of mid- and large-cap commercial, industrial, governmental, institutional and nonprofit organizations throughout Texas. He will also be accountable for identifying treasury management, depository, international, capital … Read more
On August 25, Wichita Falls-based American National Bank & Trust held a groundbreaking ceremony for its new location in Dallas at 5310 Forest Lane. The ceremony was attended by key stakeholders, local leaders, American National Bank & Trust executives and community members. Bank executives outlined American National Bank & Trust’s vision for the future, its … Read more