TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Moulton-based SouthStar Bank SSB has hired Barbara Shaffer to serve as vice president/business development officer in Leander. With more than 40 years of banking experience, Shaffer joins SouthStar Bank having previously worked in a similar position at R Bank in Round Rock since 2013. Prior to that, she was vice president/Frost at Work specialist at … Read more
Henderson-based VeraBank has promoted Shea Vestal to vice president/trust and wealth advisor. She will focus on the bank’s Henderson, Mt. Enterprise, Kilgore, Tatum and Carthage regions. Vestal joined VeraBank in 2010. She earned a bachelor’s degree in business from Stephen F. Austin State University and has completed the graduate program at the SW Graduate School … Read more
Henderson-based VeraBank has announced that Joel Jackson is now senior executive vice president, chief lending officer and regional chair of the bank’s Southeast region. Jackson has more than 23 years of experience with a focus on commercial banking. He started his career in East Texas, working his way through various leadership positions at community banks … Read more
At Pittsburg-based Pilgrim Bank’s December 2023 board meeting, Ken Pilgrim, senior chairman, and Lanny Brenner, chairman, along with the board of directors, announced several promotions and appointments. Brad Lowry has been named president and chief lending officer, and appointed to the board as an advisory director. Lowry joined Pilgrim Bank in 2004 as a management … Read more
Henderson-based VeraBank announced in mid-May that it has completed its acquisition Carthage-based Panola National Bank. Panola National Bank has two locations, Carthage and Marshall, and assets totaling more than $130 million. This transaction expands VeraBank’s footprint into Panola County for the first time and increases its presence in East Texas. “Bringing our two organizations together will be … Read more
Henderson-based VeraBank announced on December 18 that it has entered into an agreement to acquire Carthage-based Panola National Bank. Established in 1983, Panola National Bank has two locations, Carthage and Marshall, and assets totaling $125 million. This transaction will expand VeraBank into Panola County for the first time and increase its presence in East Texas. Subject … Read more
The Independent Community Bankers of America (ICBA) recently announced that community banker Ken Hale, president and CEO of Natchitoches, Louisiana-based BOM Bank, has been elected to the ICBA Federal Delegate Board. ICBA is the nation’s voice for community banks. In addition to Louisiana, BOM Bank serves customers in East Texas. “I am honored to be … Read more