TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Independent Bankers Association of Texas (IBAT) announced two new additions to the IBAT Wall of Heroes and Legends of Texas Community Banking located at the organization’s headquarters in downtown Austin: James “Jim” Jirasek and Merrill Reynolds. The Wall of Heroes and Legends is reserved for special individuals who have contributed significantly to the strength … Read more
Community bankers from across the state will gather in Fort Worth later this month for the Independent Bankers Association of Texas’ 51st Annual Convention, a perfect opportunity for education, networking and inspiration for those shaping the future of Texas community banking. Set for September 20–23 at the Omni Fort Worth Hotel, the convention will feature … Read more
Durant, Okalhoma-based First United Bank recently announced that Jesse Jackson has joined the organization as Dallas/Fort Worth regional president. He has more than 35 years of experience in banking and financial leadership. Most recently, Jackson served as executive vice president and head of commercial banking at b1BANK in Dallas. Under his leadership, the bank raised … Read more
The board of directors of Abilene-based First Financial Bank has announced the election of Jeff Vorhees to serve as executive vice president and treasurer. Vorhees most recently served as director of corporate treasury at McKinney-based Independent Financial, a $19 billion public bank. Prior to that, he held positions in asset liability management consulting, investment banking … Read more
The Federal Reserve Bank of Dallas has named two new regional executives whose focus will be deepening relationships with business and community leaders in North Texas and the Austin area to gain greater insight into the economy at the grassroots level. Donald Bowers has been named regional executive for North Texas and Guhan Venkatu has … Read more
The board of directors of the Federal Reserve Bank of Dallas’ San Antonio branch has elected Monica Salinas as chair and Rosa Santana as chair pro tem for 2025. Salinas, who joined the San Antonio branch board in 2022, is CEO of operations at Cromex Forwarding Inc., an international customs brokerage company with locations in … Read more
Mergers and Acquisitions The OCC and TDB report that SouthState Bank NA, based in Winter Haven, Florida, has completed its acquisition of Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that Columbus State Bank, based in Columbus, has completed its merger with Hill Bank & Trust Co., based in Weimar. Branches The … Read more
Branches The TDB reports that Wallis Bank, based in Wallis, has established a branch at 4805 E. Sam Houston Pkwy., Ste. 100, in Pasadena. The TDB reports that it has approved an application by Texas Bank, based in Henderson, to establish a branch at 7680 Preston Rd. in Frisco.
In January, numerous appointments to the Federal Reserve Bank of Dallas’ board of directors and its branch boards were announced. These appointees provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the … Read more
Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established the following branches: 9324 Summer Creek Dr. in Fort Worth and 1055 Market Way Rd. in Argyle. The agency also reports that it has received applications by JPMorgan Chase Bank to establish the following branches: at the southeast corner of … Read more