TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
McAllen-based Rio Bank announced the opening of its first full-service banking center outside of the Rio Grande Valley. The new branch, located in Alamo Heights, marks a significant milestone for the bank as it establishes a presence in one of San Antonio’s most vibrant and growing neighborhoods. The branch, located at 5700 Broadway, is Rio … Read more
In mid-November, Pine Bluff-Arkansas-based Simmons Bank hosted a ribbon-cutting ceremony to celebrate the grand opening of its newest Dallas financial center located at 3309 W. Camp Wisdom Rd. Simmons Bank operates 23 full-service branches in the Dallas/Fort Worth metroplex. “Investing in the communities we serve is engrained in our DNA and we are grateful to … Read more
Harlingen-based Texas Regional Bank recently announced its acquisition of Smith-Reagan Insurance, a leading provider of commercial insurance services based in Cameron County. The acquisition expands the bank’s insurance offerings and positions it to provide a broader range of commercial insurance solutions to businesses of all sizes. The acquisition is part of the Texas Regional Bank’s … Read more
Dallas-based Texas Security Bank will be moving to the Prestonwood Tower later this fall to increase visibility and streamline operations. This decision supports the levels of growth the bank has seen this year and the anticipated plan for growth. The bank will occupy a 4,333-square-foot office space on the fifth floor and establish a 7,614-square-foot … Read more
On July 18, Woodville-based Citizens State Bank broke ground on its new Valley Ranch location near Kingwood, an area that is experiencing tremendous economic growth and development. The new location will be the permanent home of Citizen State Bank’s Kingwood branch. The 13,200-square-foot facility is expected to be completed by the summer of 2024. Established … Read more
This summer, Fort Worth-based Bank of Texas (a subsidiary of BOK Financial) expanded its operations into the San Antonio market, the first outside of the bank’s established operations in Dallas, Fort Worth and Houston. Longtime San Antonio banker Mark M. Johnson serves as chairman of the market. He started his banking career with Texas Commerce … Read more
On August 7, Choudrant, Louisiana-based Origin Bank announced the opening of its Northwest Freeway banking center in Houston, located at the intersection of W. 34th St. and Hwy. 290. The new location marks the bank’s entry into Houston’s Northwest corridor and is the 10th banking center Origin Bank has opened in the Houston area since … Read more
On August 7, Athens-based First State Bank broke ground on a new full-service banking center in Forney. Construction of the 4,278-square-foot facility is targeted for completion by the end of the year. Bank executives, along with general contractors with the SLI Group Inc., a fully integrated commercial design firm specializing in financial institutions, were on … Read more
On June 26, San Antonio-based Frost Bank announced that it will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026. The company expects the expansion will further strengthen Frost Bank’s position in the Austin region, the third-largest deposit … Read more
On June 15, Harlingen-based Texas Regional Bank held a groundbreaking ceremony to celebrate the start of construction for its new banking center in Rio Grande City. The event commemorates the bank’s 30th location in Texas and 14th in the Rio Grande Valley region. The branch, located at 4389 E. U.S. Hwy. 83 Loop, is scheduled … Read more