TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Henderson-based VeraBank announced that Todd Engemoen, the bank’s executive vice president and chief financial officer, was nominated as one of this year’s best chief financial officers as determined in the Austin Business Journal’s 15th annual “Best CFOs of the Year in Central Texas” awards. Engemoen joined VeraBank in 2014, bringing a decade of experience in … Read more
Houston-based Amegy Bank has opened a loan production office in south Arlington as the bank continues to expand its footprint in the Dallas/Fort Worth metroplex. The new loan production office, located at 700 Highlander Blvd., Ste. 350, in Arlington, will be led by Shirley Cox, senior vice president of commercial banking. Cox is an Arlington … Read more
On July 19, Independent Financial announced the completion of phase two of its $150 million headquarters campus in McKinney, Texas, supporting the organization’s expanding workforce. The new six-story, 198,000-square-foot building more than doubles Independent Financial’s existing presence at McKinney Corporate Center Craig Ranch and allows the organization to consolidate its banking operations and technology teams. … Read more
Odessa-based SouthWest Bank has announced the creation of its new oil and gas department and the appointment of two new employees—Richard Davis Browning II and Wes Webb—as the bank looks to provide specific support to a major industry in the region. Webb has been hired to serve as senior vice president/commercial lender. He has more … Read more
Tyler-based American State Bank recently expanded its footprint with the establishment of a loan production office in Lubbock, according to a report in the Lubbock Avalanche-Journal. This is the first of several planned expansion offices by American State Bank. The new office, located at 4010 82nd St., Ste. 110, will be led by Bud Holmes, … Read more
San Antonio-based Frost Bank has opened its Allen West and North Garland financial centers in Dallas, the third and fourth of 28 new financial centers to open in the bank’s Dallas region expansion. The bank will celebrate the branches with ribbon-cutting events in the near future. The new financial centers, like the other locations in … Read more
On June 7, Corpus Christi-based American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into American Bank and the combined banks will operate under the American Bank … Read more
On May 9, Dallas-based First Foundation Inc., a financial services company with two subsidiaries, First Foundation Advisors and Irvine, California-based First Foundation Bank, announced that it has opened a new branch in Plano. Along with First Foundation Inc.’s principal executive office in Dallas, the new branch—located at 1601 Preston Rd., Ste. K, in Plano—expands the … Read more
Henderson-based VeraBank continues to expand its footprint in Central Texas with the opening of a new branch in Leander on May 9. The new full-service branch is VeraBank’s first in Leander and sixth in the greater Austin area. “We are thrilled to open a Leander branch to better serve our Williamson County customers,” says Jonathan … Read more
On March 9, Jacksonville-based Austin Bank broke ground on its newest full-service banking center in The Woodlands at Creekside Park. The ceremony was well attended by the Austin Bank leadership team, employees, both Montgomery and The Woodlands Chambers of Commerce, the Howard Hughes Corp. and area business leaders, along with the architect and general contractor, … Read more