TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that Amarillo National Bank, based in Amarillo, has established a branch at 1700 Coulter in Amarillo. The OCC reports that it has approved an application by VeraBank NA, based in Henderson, to establish a branch at 3002 Barron Rd. in College Station. The OCC reports that it has approved an application … Read more
Dallas-based Susser Bank has opened its first full-service branch in Austin, just a few miles from the state capitol and the University of Texas. Located on the first floor at 901 S. MoPac Expwy., the branch is situated within Barton Oaks Plaza, a prime spot to support Austin’s rapid economic growth. “Susser Bank first entered … Read more
In September, Business First Bancshares, the holding company for Baton Rouge, Louisiana-based b1BANK, received regulatory approvals to complete its merger with Oakwood Bancshares, the holding company for Dallas-based Oakwood Bank, a Texas banking association. “We appreciate our regulatory partners’ efficient review of the proposed transaction as well as the strong affirmation expressed by the Oakwood … Read more
Conversions The TDB reports that Sunflower Bank NA, based in Dallas, has applied to convert to a Texas state charter under the name Sunflower Bank. Branches The OCC reports that it has approved an application by American Bank NA, based in Corpus Christi, to establish a branch at 101 N. Shoreline in Corpus Christi. The … Read more
Branches The OCC reports that it has approved applications by Bank of America NA, based in Charlotte, North Carolina, to establish the following branches: 401 N. Hwy. 77, Ste. 20, in Waxahachie and 2408 McKinney Ave. in Dallas. The agency also reports that it has approved an application by Bank of America to relocate a … Read more
On August 27, Champaign, Illinois-based First Busey Corp., the holding company for Busey Bank, and Leawood, Kansas-based CrossFirst Bankshares Inc., the holding company for CrossFirst Bank, announced their plan to merge, pursuant to which CrossFirst will merge with and into Busey in an all-common stock transaction valued at approximately $916.8 million, based on Busey’s closing … Read more
First Lonestar Bank, a division of Oklahoma City, Oklahoma-based First Liberty Bank, has entered the Dallas/Fort Worth metroplex with the opening of its full-service office in Frisco on July 11. The branch is located at 2600 Dallas Pkwy., Ste. 140. First Lonestar Bank operated a loan production office in Frisco since January 2023. First Liberty … Read more
The Federal Reserve Bank of Dallas has named Christine Docherty vice president and deputy general counsel. She will manage the agency’s legal department and provide regulatory counsel for the bank. She also will be responsible for implementing the strategic direction for the department and overseeing compliance. Docherty joins the Federal Reserve Bank of Dallas from … Read more
Forbes’ 2024 ranking of the Best-In-State Banks and Credit Unions was released at the end of June. The list provides a comprehensive look at the elite of America’s smaller financial institutions in 2024. Forbes collaborated with market research firm Statista to conduct in-depth interviews of more than 26,000 U.S. citizens from all 50 states about … Read more
Mountain Grove, Missouri-based Legacy Bank & Trust has appointed Jorge Marín senior vice president/director of treasury management sales. He will be responsible for leading the sales and expansion efforts of treasury management products across Texas. Marín has more than 30 years of experience in banking relationship management, specializing in business development, sales and client portfolio … Read more