TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

Federal Reserve

FirstSun Capital Bancorp and First Foundation Inc. Announce Regulatory Approval for Merger

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On February 25, Denver, Colorado-based FirstSun Capital Bancorp and Irving-based First Foundation Inc. jointly announced that the Office of the Comptroller of the Currency has approved the merger of their respective bank subsidiaries, Dallas-based Sunflower Bank NA and Irvine, California-based First Foundation Bank, with Sunflower Bank NA continuing as the surviving bank. Completion of the … Read more

The Baker Group’s Murray, Host of Lunch with Lester, Retires

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After serving with Oklahoma City, Oklahoma-based The Baker Group for 35 years, Lester F. Murray has announced his retirement as of May 28. He has been an associate partner with the company since 2014, working within the firm’s financial strategies group. Every Friday at lunchtime for the past decade, community bankers, directors and others in the … Read more

The Bankers Bank Tapped to Help Shape FedNow, the Federal Reserve’s Instant Payments Program

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Oklahoma City, Oklahoma-based The Bankers Bank (TBB) has been selected to participate in a pilot program for the Federal Reserve’s upcoming instant payments offering, FedNow, which will provide an important payments infrastructure when it becomes available in 2023. The goal of FedNow is to develop an instant payments service that enables financial institutions of every size … Read more