November 10–16, 2024

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

November 3–9, 2024

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

October 27–November 2, 2024

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

Moody Bank’s Pierson Elected to Dallas Fed Board, Hill Re-elected to Board and Beasley Appointed to Fed’s El Paso Board

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

October 20–26, 2024

Mergers and Acquisitions The TDB reports that First Liberty Bank, based in Liberty, has applied to merge with Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The TDB reports that it has approved an application by TexasBank, based in Brownwood, to establish a branch at 2641 E. … Read more

October 13–19, 2024

Mergers and Acquisitions The TDB reports that Columbus State Bank, based in Columbus, has applied to merge with Hill Bank & Trust Co., based in Weimar. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish the following branches: 10505 Broadway St. in Pearland and 3000 S. Jackson Rd. … Read more

October 6–12, 2024

Branches The OCC reports that it has approved an application by Southtrust Bank NA, based in George West, to establish a branch at 14090 Southwest Fwy., Ste. 220, in Sugar Land. The OCC reports that PNC Bank NA, based in Wilmington, Delaware, has applied to establish a branch at 8031 Walnut Hill Ln. in Dallas. … Read more

WestStar Bank’s Osborn Appointed to the American Bankers Association Board of Directors

David W. Osborn, president and CEO of El Paso-based WestStar Bank, has been appointed to the American Bankers Association (ABA) board of directors. He will serve a three-year term on the ABA board, contributing to shaping national banking policies and providing input on regulatory issues to help guide the industry’s future. Osborn, who has served … Read more

September 29–October 5, 2024

Mergers and Acquisitions The TDB reports that Oakwood Bank, based in Dallas, has completed its merger into b1BANK, based in Baton Rouge, Louisiana. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a new branch at 1192 W. Dallas, Ste. A, in Conroe. The OCC reports that it … Read more

WestStar Bank to Sell Insurance Agency Assets in El Paso to Hub International Ltd.

On October 1, El Paso-based WestStar Bank and Chicago, Illinois-based Hub International Limited, a leading global insurance brokerage and financial services firm, jointly announced the sale of the assets of WestStar Insurance Agency Inc. to Hub. Located in El Paso, WestStar Insurance is a subsidiary of WestStar Bank. It has focused on business insurance, employee … Read more