TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Dallas-based Vista Bank is expanding its footprint to Florida, the company’s first location outside of Texas, according to the South Florida Business Journal. The bank has taken office space on the first floor of the Divosta Towers in Palm Beach Gardens and plans to open a branch in mid-August. The Journal reports that Dan Sheehan, a … Read more
Dallas-based Susser Bank has opened its first full-service location in San Antonio at 200 Austin Hwy. in an easily accessible building off Austin Hwy. and Broadway. Located on the top floor of the four-story class-A building, Susser Bank’s space encompasses more than 7,300 square feet. Exterior signage on the building gives Susser Bank increased visibility … Read more
On April 17, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas Inc., the parent company of Midland-based FirstCapital Bank of Texas NA. The merger is expected to be effective as of May … Read more
On April 5, Birmingham, Alabama-based Regions Bank announced that Mark Evans will serve as the company’s first market executive focused exclusively on San Antonio and surrounding areas as the bank builds on its Texas presence. Regions Bank has strategically expanded across the Lone Star State in recent years, including branching out into Houston, Dallas, Fort … Read more
On April 4, Texas Governor Greg Abbott commended Texas banking institutions for helping provide support to communities as a financial backbone. Abbott’s remarks were part of a ribbon-cutting ceremony to celebrate the completion of the new Texas Bankers Association (TBA) headquarters building in Austin. During the ceremony, the governor thanked TBA’s 400-member banking institutions for … Read more