TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Yaira Velez has joined the Federal Reserve Bank of Dallas as an assistant vice president in the banking supervision department, where she will provide strategic leadership for the consumer affairs team. She previously served as manager of consumer affairs at the Federal Reserve Bank of Kansas City, where she led nationwide projects to enhance the … Read more
Mergers and Acquisitions The TDB reports that Roscoe State Bank, based in Roscoe, has applied to merge with Cornerstone Home Lending, based in Houston, under the name Cornerstone Capital Bank SSB. The OCC reports that it has approved an application by First National Bank of Aspermont, based in Aspermont, to purchase a branch from Vista Bank, based … Read more
On June 21, the Federal Reserve Bank of Dallas announced that Meredith Black, first vice president and chief operating officer, will retire at year’s end and a search has been launched for a successor. Black has served in that position since 2016 and has worked for the bank for 38 years in a variety of … Read more
Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has established a branch at 5440 El Dorado Blvd. in Houston. The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2726 E. Berry St. in Fort Worth. … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has completed its acquisition of First National Bank of Tahoka, based in Tahoka.
Home Office The TDB reports that it has approved an application by WestStar Bank, based in El Paso, to relocate its home office from 500 N. Mesa in El Paso to 601 N. Mesa in El Paso. Branches The OCC reports that it has approved an application by Austin Bank National Association, based in Jacksonville, … Read more
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 3311 E. Broad St., Ste. 101, in Mansfield; 3630 W. University Dr. in McKinney; and 4001 Matlock Rd. in Arlington. The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, North Carolina, to … Read more
Branches The OCC reports that Newfirst National Bank, based in El Campo, has applied to relocate a branch from 609 N. Wells in Edna to 711 N. Wells in Edna. The TDB reports that Frost Bank, based in San Antonio, has established a branch at 2982 Fulton St. in Houston. The TDB reports that it has approved an application by Alliance … Read more
Dallas banking icon George Jones passed away on May 21 at age 77. For most of the past year, he endured challenges caused by an illness—the exceedingly rare Vexas Syndrome—that had developed over the past 20 years. But, according to his obituary, no one ever heard him complain. After earning his BBA degree from the … Read more
Matt Tower has joined the Federal Reserve Bank of Dallas as an assistant vice president in the Financial Management Shared Services Center, which provides operational accounting services for all 12 Federal Reserve banks. Previously, he managed a shared services organization at Accenture, where he was responsible for accounts payable, expense management and help-desk operations. Prior … Read more