TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Janette Coon, senior vice president and commercial escrow officer at WestStar Title, a division of El Paso-based WestStar Bank, retired at the end of January, concluding a 41-year career. She has been a member of the WestStar Title team for 14 years. “It has been a great honor to be part of WestStar Title and … Read more
The Federal Reserve Bank of Dallas has named two new regional executives whose focus will be deepening relationships with business and community leaders in North Texas and the Austin area to gain greater insight into the economy at the grassroots level. Donald Bowers has been named regional executive for North Texas and Guhan Venkatu has … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by SouthState Bank NA, based in Winter Haven, Florida, to acquire Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that it has approved an application by Powell State Bank, based in Powell, to be acquired by Producer Acquisition Corp. The … Read more
Loan Production Offices The OCC reports that it has approved an application by First National Bank Texas, based in Killeen, to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a … Read more
Mergers and Acquisitions The TDB reports that Independent Bank, based in McKinney, has applied to merge into SouthState Bank NA, based in Winter Haven, Florida. Main Offices The OCC reports that it has approved an application by The First National Bank of Eagle Lake, based in Eagle Lake, to relocate its home office from 100 … Read more
Mergers and Acquisitions The TDB reports that Sunflower Bank, based in Dallas, has withdrawn its application to merge with HomeStreet Bank NA, based in Seattle, Washington, and has also withdrawn its application to convert to a national association. Branches The OCC reports that VeraBank NA, based in Henderson, has applied to establish a branch at … Read more
Mergers and Acquisitions The TDB reports BOM Bank, based in Natchitoches, Louisiana, has acquired the following branches of American State Bank, based in Arp: 13218 U.S. Hw.y 84 E in Joaquin; 830 N. 1st St. in Timpson; 163 Casscaid St. in Center, TX; 3001 S. John Redditt Dr. in Lufkin; 1601 S. Chestnut St. in … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell. Main Offices The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its … Read more
Mergers and Acquisitions The OCC reports that Austin Bank NA, based in Jacksonville, has applied to acquire Chasewood Bank, 20333 State Hwy. 249 in Houston. Loan Production Offices The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches … Read more
The Federal Reserve Bank of Dallas has announced appointments and reappointments of several prominent Texas bankers to its board of directors and branch boards. As Dallas Fed board and branch board members, they will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Victor R. Pierson, chair, president and … Read more