TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Atlanta, Georgia-based Cadence Bank has hired Ariel “Ari” Marin to serve as wealth planning strategist in the Dallas office of the bank’s trust and asset management group. The bank operates 13 banking offices in Texas. Prior to joining Cadence Bank, Marin worked for the Nautilus Group, a subsidiary of New York Life. There, he consulted on … Read more
The Federal Home Loan Bank of Dallas (FHLB Dallas) is distributing $1 million in charitable donations to assist communities and FHLB Dallas members with recovery efforts from damage caused by Hurricane Ida. FHLB Dallas is a member-owned financial institution cooperative with approximately 800 members, including 125 member institutions, such as banks and credit unions in … Read more
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 880 S. Preston Rd. in Prosper. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 1920 E. Riverside Dr., Bldg. C, in Austin. The OCC reports that Texana Bank … Read more
Conversions The TDB reports that Texas Capital Bank, based in Dallas, has completed its conversion to a state-chartered bank. Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 3869 Maurice Ave., Ste. 101, in Fort Worth. The OCC reports that PNC Bank NA, … Read more
Dallas-based PlainsCapital Bank recently announced the hiring of two seasoned bankers—Michael Ellzey and Jamie Gutierrez. Ellzey has joined the bank’s commercial lending team as senior vice president. He will office out of The Woodlands branch at 1699 Research Forest Dr., Ste. 100. Ellzey has more than 20 years of commercial lending and banking experience in … Read more
Memphis, Tennessee-based First Horizon National Corp., the holding company for First Horizon Bank, announced that Key Coker has joined the company as Dallas/Fort Worth market president. He is a Dallas-based chief executive with more than 35 years of banking experience, most recently serving as the Dallas CEO of BBVA. During his career, he has built … Read more
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Capital Bank of Texas, based in Carrizo Springs, to merge with BAT Investments Inc., based in Austin. The TDB reports that First United Bank, based in Dimmitt, has merged with First Bank and Trust of Childress, based in Childress. The TDB reports … Read more
Omaha, Nebraska-based Security National Bank, which operates in Dallas, has realigned executive leadership roles to ensure the bank remains family-owned and positioned for future growth. James “Jim” E. Landen retains his role as executive chairman, while Clarence “C.L.” L. Landen III has been named chief executive officer. Tim Sullivan joins the bank as president. “Security … Read more
Pine Bluff, Arkansas-based Simmons Bank has promoted commercial banking veteran Marty Nay to executive vice president and Texas metro division president. Having served as the bank’s Kansas City market president for the past five years, Nay will take over the responsibilities of leading Simmons Bank operations in the Dallas/Fort Worth metropolitan area. He will oversee … Read more