TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has completed its acquisition of TexStar National Bank, based in Universal City. The TDB reports that Roscoe State Bank, based in Roscoe, has merged with and into Cornerstone Capital Bank SSB. The TDB reports that Allegiance Bank, based in Houston, has … Read more
Branches The OCC reports that it has approved an application by Wells Fargo Bank NA, based in Sioux Falls, South Dakota, to establish a branch at the northwest corner of FM 1488 and Spur 149 Rd. in Magnolia. The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, … Read more
On October 11, Texas Governor Greg Abbott announced that San Francisco, California-based Wells Fargo Bank NA will create a new campus in Irving. The project will create 650 new jobs and $455 million in capital investment. A Texas Enterprise Fund grant of $5,001,100 has been extended to Wells Fargo. “Texas has a long history of … Read more
American Bank of Dallas has appointed industry veterans Matt Lilly and Stephanie Martin to senior executive positions. Lilly has been named senior vice president of government-guaranteed lending with responsibility for leading and expanding the bank’s Small Business Administration (SBA) loan program, while Martin has been named senior vice president of retail banking with responsibility for … Read more
Choudrant, Louisiana-based Origin Bank has announced the continued expansion of its team at its Dallas financial center with the hiring of Justin Jennings as vice president/commercial relationship banker. He has four years of experience in the banking industry, specializing in lending to middle-market commercial and industrial businesses throughout Texas. In his new role, he will … Read more
Durant, Oklahoma-based First United Bank has announced Joan Calhoun as senior vice president/treasury management sales manager for the bank’s Dallas/Fort Worth/North Texas region. She joins the bank with more than 30 years of industry experience across large and regional financial institutions, specializing in retail, credit, financial advising, business banking and treasury management. “Joan is an … Read more
Dallas-based Comerica Bank has named Trent Sampson, Jerry Collazo and Adriana Najera to its newly formed South Dallas business banking team led by Derric Hicks, group manager. The new team is based in the bank’s R.L. Thornton building. Trent Sampson, Jerry Collazo and Derric Hicks (standing); Adriana Najera (seated)“As the leading bank for business, it … Read more
On October 12, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced new plans for its headquarters located in Dallas. The bank has executed a 15-year lease term with Union Investment Real Estate GmbH, owner of the building at 2000 McKinney Ave., and will rename the entire building to Texas Capital … Read more
San Antonio-based Frost Bank is continuing its 28-location expansion in the Dallas area with recently completed branches in North Garland, West Dallas and Denton. The North Garland financial center—the fourth new branch in the regional expansion—was celebrated on August 26 with a free chuckwagon breakfast at the bank to say hello to the neighborhood. The … Read more
Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northwest corner of S. 5th St. and J H Kultgen Expwy. in Waco. The OCC reports that Woodforest National Bank, based in The Woodlands, has applied to establish a branch … Read more