TEXAS BANKING NEWS, PEOPLE and IDEAS
Renard U. Johnson of El Paso has been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending December 31, 2024. He has served on the Dallas Fed’s board since 2020 and previously served on the bank’s El Paso branch board from 2012 to … Read more
Mergers and Acquisitions The OCC reports that The Hondo National Bank, based in Hondo, has applied to merge with Community National Bank, based in Hondo, with the resulting bank to be named TXN Bank National Association. Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has established a … Read more
Branches The TDB reports that The First State Bank, based in Abernathy, has established a branch at 100 E. Hamilton St. in Stamford. The TDB reports that it has approved an application by Grandview Bank, based in Grandview, to establish a branch at 2500 S.W. Wilshire Blvd. in Burleson. The TDB reports that Security State … Read more
On October 20, the Federal Reserve Bank of Dallas announced the appointment of Robert L. Triplett III as first vice president and chief operating officer. His appointment was made by the Dallas Fed board of directors and approved by the board of governors of the Federal Reserve System following a search led by a committee … Read more
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 660 N. Main Ave. in San Antonio; 407 S. Commerce St. in Harlingen; 10456 Montwood Dr. in El Paso; 512 N. Organ in El Paso; 600 Matamoros St. in Laredo; 2101 S. 10th St. in McAllen; and 800 E. Tom … Read more
Mergers and Acquisitions The TDB reports that Capital Bank of Texas, based in Carrizo Springs, has completed its merger with BAT Investments Inc., based in Austin. Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established a branch at 1860 Payne St. in Dallas. The OCC reports that VeraBank National … Read more
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 880 S. Preston Rd. in Prosper. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 1920 E. Riverside Dr., Bldg. C, in Austin. The OCC reports that Texana Bank … Read more
Conversions The TDB reports that Texas Capital Bank, based in Dallas, has completed its conversion to a state-chartered bank. Branches The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, North Carolina, to establish a branch at 3869 Maurice Ave., Ste. 101, in Fort Worth. The OCC reports that PNC Bank NA, … Read more
On September 27, the Federal Reserve Bank of Dallas announced that President and CEO Rob Kaplan will retire from the bank effective October 8, 2021. He has served as the 13th president and CEO of the Dallas Fed since 2015. Prior to that, he was the Martin Marshall Professor of Management Practice and a senior … Read more
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more