TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
San Antonio-based Broadway Bank has once again partnered with Caritas of Austin for the third annual “Beat the Heat” donation drive, helping protect individuals experiencing homelessness from extreme summer temperatures. The campaign is being held June 1–15 and invites communities to donate essential items that provide relief during the hottest months of the year. Every donation … Read more
On June 22, McAllen-based Rio Bank celebrated its official opening in Dripping Springs with a ribbon-cutting ceremony, marking its successful acquisition and transition from Lone Star Capital Bank. The event, hosted in partnership with the Dripping Springs Chamber of Commerce, brought together community members, business leaders and longtime customers to celebrate Rio Bank’s new chapter … Read more
Round Rock-based R Bank has hired Chris Millette to serve as executive vice president/chief information officer. He will lead the bank’s information technology strategy. Millette has served as a technology leader for several community banks, driving digital transformation, cybersecurity enhancements and regulatory oversight of operational efficiency. Prior to joining R Bank, Millette was senior vice … Read more
On February 20, Rio Financial Services Inc., the parent company of McAllen-based Rio Bank, and San Antonio-based Lone Star Capital Bank NA jointly announced the signing of a definitive agreement providing for the merger of Lone Star Capital Bank with and into Rio Bank. Upon the consummation of the merger, Lone Star Capital Bank will … Read more
What if we could predict the weather? On September 5, 1862, this question led James Glaisher to do something no one had ever done before. Along with aeronaut Henry Tracy Coxwell, he stepped into a hot-air balloon and ascended to heights never before reached, almost 36,000 feet. Before eventually passing out due to a lack … Read more