Victory Bank Enters Wealth Management with Investment in McDonald Capital Management
On May 13, Lubbock-based Victory Bank announced that it has entered a definitive agreement to acquire a 40 percent ownership stake in McDonald Capital Management (MCM), a Lubbock-based, fee-only investment management firm with more than $350 million in assets under management. The agreement marks Victory Bank’s formal entry into wealth management. Established in 1990, McDonald … Read more