TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Conversion The TDB reports that it has approved an application by Texas Exchange Bank, based in Crowley, to convert to a state-chartered bank under the name Texas Exchange Bank SSB. Branches The OCC reports that JPMorgan Chase Bank National Association, based in Columbus, Ohio, has established a branch at 2475 Bay Area Blvd., Bldg. A, … Read more
Longtime Texas banker Jerry Charles Hughes passed away on December 8. He was 87. In his early 20s, he joined Longview-based Texas Bank and Trust Co. and converted its accounting system to digital. That launched a career in banking, which lasted until his retirement. In 1970, Hughes accepted a position with American National Bank in Beaumont … Read more
Dallas-based Texas Capital Bank announced three new hires and a promotion in the fourth quarter of 2021. Zach Granberry has been promoted to executive vice president/senior regional manager of corporate banking for Texas Capital Bank’s Houston region. He most recently served as executive vice president in its private wealth group in Houston. Granberry brings more … Read more
Branches The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, to establish a branch at U.S. Highway 380 in Cross Roads. The OCC reports that it has approved an application by JPMorgan Chase Bank National Association, based in Columbus, Ohio, to establish a branch at the … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by The Hondo National Bank, based in Hondo, to merge with Community National Bank, based in Hondo, and operate under the new name TXN Bank National Association. The TDB reports that Citizens State Bank, based in Somerville, has completed its acquisition of Burton … Read more
Comerica Inc., the parent company of Dallas-based Comerica Bank, announced that it has established a new office of corporate responsibility with Wendy Bridges, senior vice president/corporate communications and executive administration, appointed to lead the department as executive vice president/executive director of corporate responsibility. Bridges reports directly to Curt Farmer, chairman and CEO, and serves on … Read more
Birmingham, Alabama-based Regions Bank announced that Michael Pardue will serve as consumer banking executive leading the company’s expanded operations in Texas, including the Houston, Dallas/Fort Worth and Austin markets. Pardue, a financial services industry veteran of 20 years, makes the move to Texas from Memphis, Tennessee, where he served as Regions Bank’s consumer banking executive … Read more
The Federal Reserve Bank of Dallas recently announced appointments and reappointments to its branch boards in San Antonio, Houston and El Paso. As board members, these individuals provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Each of these branch boards consists of seven members—four appointed by the Dallas … Read more
On December 9, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Matt Scurlock, executive vice president/corporate treasurer, will transition into the role of executive vice president/chief financial officer, effective January 1, 2022. He will replace Julie Anderson as CFO of Texas Capital Bank and Texas Capital Bancshares Inc. Anderson has been … Read more
Home Office Relocation The TDB reports that Freedom Bank has applied to relocate its home office from 902 E. Riley St. in Freer to an existing branch at 533 N. Alamo Rd. in Alamo and maintain the branch at 902 E. Riley St. in Freer. Branches The TDB reports that it has approved an application … Read more