TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that Classic Bank NA, based in Cameron, has applied to establish a branch at 204 W. U.S. Hwy. 79 in Thorndale. The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has relocated a branch from 109 N. San Saba St. in San Antonio to 106 S. … Read more
The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) has released details on its 66th Annual Session, scheduled for May 30–June 9, 2023, in Dallas. Commercial loan officers, branch managers, credit analysts, cashiers, mortgage lenders, consumer lenders, operations officers, state and federal regulators and other banking professionals gather each summer on the … Read more
On October 26, Denver, Colorado-based Sunflower Bank announced its partnership with Irving-based On the Road Lending, a nonprofit auto lender that provides character-based affordable loans for reliable cars. The $525,000 investment—with an additional $25,000 designated for operating support—will enable On the Road Lending to bring its services to rural communities where there are limited or … Read more
As reported in September, the Southwestern Graduate School of Banking (SWGSB) Foundation will convene its 155th Assembly for Bank Directors next January in Florida. However, due to damage caused by Hurricane Ian to the original venue, the Ritz Carlton, the venue and destination for the assembly has changed to the Eau Palm Beach Resort & … Read more
Home Offices The TDB reports that Jefferson Bank, based in San Antonio, has applied to relocate its home office from 2900 Fredericksburg Rd. in San Antonio to 1777 N.E. Loop 410 in San Antonio. Branches The OCC reports that it has approved an application by Extraco Banks NA, based in Temple, to establish a branch … Read more
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