TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
In mid-October, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the signing of two acquisition agreements. In one, Prosperity has agreed to acquire First Bancshares of Texas Inc. and its banking subsidiary, Midland-based FirstCapital Bank of Texas NA. The second agreement signed by Prosperity Bancshares indicates its intention to acquire Lone … Read more
Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northwest corner of S. 5th St. and J H Kultgen Expwy. in Waco. The OCC reports that Woodforest National Bank, based in The Woodlands, has applied to establish a branch … Read more
Charters The TDB reports that Texas Traditions Bank, based in Katy, has opened for business. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a branch at 6801 S. Broadway Ave. in Tyler. The OCC reports that it has approved an application by Citizens National Bank, based in … Read more
Branches The OCC reports that Broadway National Bank, based in San Antonio, has established a branch at 710 Hesters Crossing, Ste. 210, in Round Rock. The TDB reports that Texas Regional Bank, based in Harlingen, has applied to establish a branch at 1001 Congress Ave., Ste. 150, in Austin.
Mergers and Acquisitions The TDB reports that MapleMark Bank, based in Dallas, has withdrawn its application to merge with Oakwood Bank, based in Dallas. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state association under the name First Liberty Bank. The TDB reports that … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by American Bank NA, based in Corpus Christi, to acquire TexStar National Bank, based in Universal City. The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has applied to acquire Providence Bank of Texas, based in Southlake. Conversions The … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Veritex Community Bank, based in Dallas, to acquire StoneCastle Insured Sweep LLC, based in New York, New York. Branches The OCC reports that VeraBank NA, based in Henderson, has established a branch at 200 River Point, Ste. 100, in Conroe. The agency … Read more
El Campo-based Prosperity Bank has appointed Mike Marshall West Texas area chairman. He has 31 years of banking experience and has been with Prosperity Bank for 22 years. Marshall oversees 34 banking centers across West Texas and serves on the bank’s management committee, West Texas loan concurrence committee and 401k committee. In addition, he chairs the … Read more
Mergers and Acquisitions The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Cash Insured Sweep LLC (interLINK platform), based in New York, New York. Branches The OCC reports that U.S. Bank NA, based in Cincinnati, Ohio, has established a branch at 15110 N. Dallas Pkwy. in Dallas. The OCC … Read more