TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that Newfirst National Bank, based in El Campo, has applied to relocate a branch from 609 N. Wells in Edna to 711 N. Wells in Edna. The TDB reports that Frost Bank, based in San Antonio, has established a branch at 2982 Fulton St. in Houston. The TDB reports that it has approved an application by Alliance … Read more
The membership of the Texas Bankers Association recently elected officers for the 2021-22 fiscal year. Elected were Chairman Raymond “Rusty” Rust III, president and CEO of Commercial Bank of Texas in Nacogdoches; Vice Chair A. Ford Sasser III, president and CEO of Rio Bank, McAllen; and Treasurer David W. Osborn, president and chief operating officer … Read more
Home Office The TDB reports that WestStar Bank, based in El Paso, has applied to relocate its home office from 500 N. Mesa in El Paso to 601 N. Mesa in El Paso. Branches The OCC reports that Texas Republic Bank National Association, based in Frisco, has established a branch at 1212 S. Preston Rd., … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Happy State Bank, based in Happy, to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Peoples Bank, based in Lubbock, has acquired First Bank & Trust, based in Seymour. Branches The OCC reports that Amarillo National Bank, … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has applied to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Commercial Bank of Texas National Association, based in Nacogdoches, has acquired a branch from Texas Bank and Trust Co., based in Longview. The branch is located at 102 W. … Read more
Mergers and Acquisitions The TDB and FRBD report that BAT Investments Inc., based in Austin, has applied to acquire Capital Bank of Texas, based in Carrizo Springs. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2522 W. Grand Pkwy. N in Katy. The OCC reports … Read more
The Federal Reserve Bank of Dallas has announced the following promotions: Jim Dolmas has been promoted to economic policy advisor and senior economist in the research department. Previously, he was a senior research economist. Dolmas joined the Dallas Fed in 2000. He leads the policy group and is a co-editor of Dallas Fed Economics. Dolmas … Read more
The Federal Reserve Bank of Dallas recently made announcements of branch board appointments and reappointments in the 11th District, including the San Antonio, Houston and El Paso branches. These appointees will provide input into regional economic conditions as part of the Federal Reserve’s monetary policy functions. They will serve or continue serving for a three-year term … Read more
El Paso-based WestStar Bank has hired Linda Alvarado to serve in its commercial banking group. She brings eight years of commercial banking experience to WestStar. Alvarado has previous experience as a credit analyst, commercial portfolio manager and commercial relationship manager. Throughout her banking tenure, she has managed a variety of complex credit portfolios, monitored and aided … Read more
The Federal Reserve Bank of Dallas has appointed four new members to its Community Depository Institutions Advisory Council. The council, composed of representatives from financial institutions of various sizes in the 11th District, is part of a Federal Reserve initiative to enhance communication with community bankers. The council provides senior Dallas Fed officials with grassroots information on … Read more