TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Brownwood-based TexasBank has hired Jarrod Dickey and John Patterson as senior vice presidents of commercial lending in Parker County. Both bring extensive experience and strong community ties. Dickey has 23 years of expertise in commercial lending and business development. He is a graduate of the SW Graduate School of Banking at Southern Methodist University. A … Read more
Henderson-based VeraBank has been named “2024 Member of the Year” by the Hutto Area Chamber of Commerce. The annual awards program recognizes organizational strength and its impact on key community priorities. “This recognition highlights VeraBank’s commitment to supporting local businesses, cultivating economic development and investing back in the communities we proudly serve,” says Paul Gerling, … Read more
On February 10, Austin-based Kasasa, a financial technology and marketing provider, announced the return of Dave Prost as the organization’s chief sales officer. He brings more than 30 years of sales leadership experience, 14 of which were spent shaping Kasasa’s sales strategy. Prost first joined Kasasa as national sales director in 2007. His leadership ushered … Read more
Wichita Falls-based American National Bank & Trust announced that it has hired Philip Strange to serve as senior vice president/mortgage lending. With nearly 30 years in the mortgage industry, he brings a wealth of experience in community bank mortgage division start-ups, process improvements and customer-focused lending. In his new role, he will specialize in employee … Read more
On February 20, Rio Financial Services Inc., the parent company of McAllen-based Rio Bank, and San Antonio-based Lone Star Capital Bank NA jointly announced the signing of a definitive agreement providing for the merger of Lone Star Capital Bank with and into Rio Bank. Upon the consummation of the merger, Lone Star Capital Bank will … Read more
On February 21, William E. Browning, chairman of Yoakum National BancShares Inc., the holding company of Yoakum National Bank, and Jim Smitherman, CEO of Yoakum National Bank, announced that a definitive agreement has been executed in which Yoakum National BancShares Inc., has agreed to acquire 100 percent of the issued and outstanding shares of common … Read more
On January 31, UMB Financial Corp., the parent company of Kansas City, Missouri-based UMB Bank, announced the closing of its acquisition of Denver, Colorado-based Heartland Financial USA Inc., which operates in Texas as First Bank & Trust, based in Lubbock. Heartland Financial USA operated 19 branches in Texas before the merger. Its Texas-based banks will … Read more
San Angelo-based Texas Bank recently announced two promotions. Grant Wilde has been promoted to assistant vice president of trust. Prior to joining Texas Bank, he served for four years as a computer science instructor at Angelo State University. He holds a double-major degree in mathematics and computer science from Angelo State University and earned his … Read more
On February 1, Harlingen-based Texas Regional Bank announced that it is continuing its commitment to Blanco County’s youth, contributing an additional $12,900 this year to support student agricultural projects at the Blanco County Stock Show. Since 2019, the bank has provided more than $173,000 to support local students, funding initiatives ranging from leadership camps to … Read more
On February 10, Galveston-based Moody Bank opened its newest banking center in Austin, celebrated with a ribbon-cutting ceremony and hosted by the Austin Chamber of Commerce. The new location at 7900 Shoal Creek Blvd. expands Moody Bank’s presence to 14 branches across south and central Texas. “With our move to a more accessible location in … Read more