TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
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 southwest corner of Hwy. 423 and Hwy. 380 in Frisco. The agency also reports that it has approved an application by Wells Fargo Bank to relocate a branch … Read more
Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 3910 W. State Hwy. 31 W in Corsicana. The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has applied to establish a branch at 110 Vintage Park Blvd., Ste. 100, in Houston. The OCC reports … Read more
Name Changes The TDB reports that First State Bank, based in Abilene, has changed its name to Avana Bank. Home Offices The TDB reports that it has approved an application by Susser Bank, based in Dallas, to relocate its home office from 100 Crescent Ct., Ste. 575, in Dallas to 4010 Maple Ave., Ste. 150A, … Read more
Todd Jordan has joined Dallas-based Texas Capital Bank to serve as executive director/group manager middle market. He is the new Austin market president and leader of the bank’s Austin middle-market banking team. Prior to joining Texas Capital Bank, Jordan was senior vice president/senior relationship manager with Bank of America in Austin for nine years. With … Read more